Constellation Europe boss takes Australian role

07 June, 2009

Constellation Europe president Troy Christensen has been given extra responsibility for running the company’s Australian business.

Constellation Brands, which produces Hardys, Banrock Station and Echo Falls wines, made the announcement as part of a senior management shake-up which also sees Jon Moramarco, chief executive of Constellation International, leave the business.

Paul Hetterich will oversee the international business of Constellation Europe, Constellation Wines Australia and Constellation New Zealand as executive vice president for business development, corporate strategy and international activity.

Constellation Brands president and chief executive Rob Sands said: “As we continue to evaluate the organisation and look to position the company for long-term success, refining and simplifying our international organisation provides opportunities for increased synergies within the UK and Australian markets.

“We anticipate significant benefits from a leaner and more flexible international organisation as we continue toward our goal of improving efficiencies, profit, cash flow and return on invested capital as well as paying down debt.”

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