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Share Price Information for C&C Group (CCR)

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Share Price: 169.60
Bid: 169.60
Ask: 170.20
Change: 0.00 (0.00%)
Spread: 0.60 (0.354%)
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Prev. Close: 169.60
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C&C appoints Andrew Andrea as CFO

Mon, 18th Dec 2023 07:18

(Sharecast News) - Bulmers and Magners owner C&C Group said on Monday that it has appointed Andrew Andrea as chief financial officer with effect from 1 March 2024.

Ralph Findlay, who has served as executive chair since May 2023, will revert to the role of non-executive chair following a short transition period after Andrea joins the group.

C&C said Andrea is a drinks industry veteran, having served in senior roles at Marston's for more than 20 years. He joined Marston's in 2002 and was appointed finance director in 2009.

He served in a variety of senior roles in the business including 12 years as CFO & corporate development officer and, subsequently, as CEO, during which time he navigated the business out of the Covid-19 pandemic and the challenging macroeconomic environment, C&C said.

Prior to that, he held roles with Guinness Brewing Worldwide and Bass Brewers Limited.

Chief executive officer Patrick McMahon said: "Andrew brings a rare depth of experience within our industry to C&C and we are delighted to welcome him to the business.

"We continue to focus on building C&C as the premium drinks and distribution business in the UK and Irish markets. Andrew will bring invaluable expertise and insight to our team and help deliver on that ambition."

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