Bacardi Ltd. CEO Ed Shirley Leaves Company
The Board of Directors of Bacardi Limited, the largest privately held spirits company in the world announced the departure of president and chief executive officer Ed Shirley. Mr. Shirley expressed his plans to return to retirement after a 36-year career.
An interim CEO will be announced shortly and will serve until a successor is appointed. Pending that announcement, the executive leadership team will report to Facundo L. Bacardi, the Company’s chairman, and a fifth-generation member of the Bacardi family.
“Ed leaves Bacardi a stronger organization from his dedication to the Company and its brands,” said Mr. Bacardi. “We thank Ed for his commitment and passion to Bacardi and we all wish him well.”