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Bacardi names executive vice president and CFO

Family-owned spirits firm Bacardi has appointed Tony Latham as executive vice president and chief financial officer (CFO).

Tony Latham has been appointed executive vice president and CFO at Bacardi

Latham will be responsible for overseeing all finance activities at Bacardi, including global accounting, tax and treasury. He will also be tasked with revenue growth management, and global business services and information technology.

In his new post, Latham will become a member of Bacardi’s global leadership team and report to chief executive officer Mahesh Madhavan.

Latham joins Bacardi from Unilever, where he worked in a number of finance roles. Most recently, he held the position of executive vice president finance – group performance management.

He joined Unilever in 2011 as the VP of finance – North Asia, and was based in Shanghai, China.

Before this, he worked for Danone as global CFO for its medical nutrition division and regional finance, based in Bangkok, Thailand. The Australian has also worked in country and regional finance roles in Australia and Indonesia.

Madhavan said: “As we conducted a rigorous and thoughtful search to fill this vital role, it was important to ensure we identified a purpose-driven leader with an impeccable business background, diverse global experience and, most importantly, someone who appreciates and is illustrative of our unique Bacardi culture.

“In Tony, we have found these qualities. I could not be more delighted to have him join our company at this dynamic time in our 157-year history as we endeavour to deliver the best 10 years ever at Bacardi.”

Provided the Bermuda Immigration Authority approves, Latham will relocate with his family to Bermuda to take up the new post in September.

He said: “It is an honour to join a company with such a strong culture, enduring values, iconic brands and incredible business opportunities to bring more people together for exceptional drinks experiences.

“I look forward to working with Mahesh and the entire Bacardi team to drive ever more growth and consumer love for our brands around the world.”

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