Bob Kunze-Concewitz, the CEO of the liquor giant Campari, will be retiring in April next year to pursue his personal passions.
During his 16-year tenure as CEO, Kunze-Concewitz oversaw 27 acquisitions that helped the company grow by approximately three times in net sales and profitability.
He also led the group’s international expansion from six to 25 in-market direct companies, accounting for an estimated 93 per cent of sales, and from nine to 25 production facilities worldwide.
“Leading Campari Group has been an incredible honour, the most exciting professional journey in my career,” remarked Kunze-Concewitz.
“The very strong health of our brands and our robust organisation now allow me to retire to pursue my personal passions and enjoy family life to the fullest.”
Following Campari’s succession planning process, the board of directors has appointed Matteo Fantacchiotti, MD, Asia Pacific, as deputy CEO, who will succeed as CEO in April next year.
Commenting on his appointment, Fantacchiotti said: “The impressive achievements of the group under Bob’s visionary leadership are an inspiration for me to continue on this journey, building on our proven growth strategy, in continuity with the past, combining a strong brand-building with value-enhancing acquisitions.
“I look forward to continuing working with Campari Group’s management team, which I will have the privilege to lead and with whom we will take our company to the next phase of its transformational growth journey.”
After his retirement, Kunze-Concewitz is expected to become a non-executive director of the company.
Campari boasts more than 50 brands, the best-known of which include Campari itself, Cinzano, Appleton Estate rum and Skyy Vodka. The company also owns the Wild Turkey and Russell’s Reserve Bourbon brands, Canadian Forty Creek, and Glen Grant single malt in Scotland, distilled in the Speyside town of Rothes.
