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RNDC names new CEO
US wine and spirits importer Republic National Distributing Company (RNDC) has promoted Nick Mehall to the position of CEO and president.
Mehall, who has served as chief financial officer for RNDC since 2017, takes over the position from Tom Cole, effective today (1 February).
RNDC said Mehall had ‘significantly’ improved the company’s investment in technology, and led the firm’s recent expansion into new markets.
Prior to RNDC, Mehall held a number of leadership roles at Diageo, including senior vice-president of finance for the group’s US and Canadian spirits business. He also spent almost 10 years at KPMG.
“I’m thrilled to be stepping into the CEO position at RNDC, where I have had the pleasure of being part of the management team for the past five years,” said Mehall.
“Since 2017, we’ve experienced tremendous growth that has resulted in an expanded geographic footprint, larger market share and deeper supplier relationships.
“I see great potential for how we can strengthen our relationships with suppliers and other key partners, transform as an organisation and lead our industry.”
Cole, who has held the CEO position since 2010, will act as a senior adviser to RNDC’s board of directors.
Cole has spent more than 40 years at several ‘industry-leading’ firms that are now part of RNDC.
According to the firm, Cole has helped the company become the fastest-growing distributor of wines and spirits in the States, with sales of approximately US$12 billion.
John Carlos, RNDC board member, added: “We are grateful for Tom’s service to our organisation. Among his many achievements, he drove RNDC’s expansion, which now represents 38 markets across the United States, and consolidated independent businesses to form a national distributor powerhouse. We look forward to engaging with him in his new role.”
RNDC is yet to name a successor for Mehall’s former position.
In July 2020, RNDC was fined US$3 million after the company violated the liquor control code, which resulted in supply shortages across Michigan in 2019.