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New CFO named at Bacardi

HAMILTON, Bermuda — Bacardi Limited has named Joseph Schena as SVP and CFO, replacing Jacques Croisetière, who is retiring from the company.

As SVP and CFO, Schena will also serve as a member of the Bacardi leadership team and report to Bacardi Limited president and CEO Ed Shirley. In addition, Schena will be appointed president and CEO of Bacardi International Limited. He will join the company on Dec. 3 and will be based in the global headquarters in Hamilton, Bermuda; pending approval by the Bermuda Department of Immigration.

“Joe is a seasoned business leader with global financial expertise. His commitment to growing revenue, along with his analytical mindset and a passion for leading teams, will further strengthen our organization and build upon the growth plans for our iconic brands and businesses throughout the world,” said Ed Shirley, president and CEO.

Schena most recently served as partner for private equity firm Centerview Capital, focusing on the financial operations of the firm’s portfolio companies since 2007. He is currently chairman of portfolio company Richelieu Foods. He is a veteran of Gillette where from 2005 to 2007 he was CFO for the Gillette global business unit of Procter & Gamble responsible for Gillette’s business results, as well as integrating the financial operations of Gillette and P&G. He was formerly the chief accounting officer, corporate controller and VP global financial operations for Gillette before the company’s merger with P&G in October 2005. Prior to Gillette, he was corporate VP strategy and planning at Nabisco. Before joining Nabisco, he spent 18 years with Kraft General Foods where he held a variety of positions of increasing responsibility including CFO of the breakfast business unit. He also worked for news corporation as controller of the News America business unit with responsibility for planning, business analysis and accounting.