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News / Business / Business Briefs

Company behind Jim Beam announces leadership shift

By Associated Press
Published: October 8, 2018, 5:26am

The executive who guided classic American whiskeys Jim Beam and Maker’s Mark through the transition of being acquired by a Japanese company four years ago has announced he’ll step down as CEO of spirits company Beam Suntory next spring.

Chicago-based Beam Suntory said Thursday that its top executive, Matt Shattock, will hand over CEO duties to Albert Baladi in April.

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