Bacardi Taps Kevin McNamara as SVP and CFO

Bacardi Limited reported the immediate appointment of Kevin F. McNamara as Bacardi Limited Senior Vice President and Chief Financial Officer (CFO), responsible for global financial operations.

In its release, the Company said that McNamara succeeds Joseph J. Schena, who left the company for another opportunity.

Bacardi noted that McNamara most recently served as Corporate Controller for Bacardi and oversaw the day-to-day activities of the global Finance function including leading the implementation of new planning, reporting and consolidation tools and establishing the Company's global shared services center.

McNamara joined Bacardi in March 2013 with more than 25 years of leadership in strategic and financial planning, internal audit, supply chain, and treasury management.

Prior to Bacardi, McNamara served as Executive Vice President, Chief Financial and Administration Officer for Centerplate, a provider of food and merchandise services to sports stadiums, convention centers, performing arts centers and attractions in North America. He also served in various finance leadership roles at Procter & Gamble and its subsidiaries.

"Bacardi prides itself of the caliber of its employees. The internal appointment of Kevin continues to showcase the strong talent within the Company," said Michael J. Dolan, Chief Executive Officer of family-owned Bacardi Limited. "I look forward to Kevin continuing his leadership in providing guidance on our strategic long-term global accounting, reporting and forecasting practices."

As CFO, McNamara will be a member of the Bacardi Global Leadership Team and remain based in the Company's global headquarters in Hamilton, Bermuda.

The Company said McNamara will report to the CEO and also to a newly-created position of EVP and Chief Administrative Officer (CAO), who will be named in the next few months.

Bacardi noted that Schena joined the companyi in 2012, bringing more than 30 years of corporate finance experience to the role.

"We thank Joe for his contributions to help further strengthen our corporate and financial governance practices and wish him well in his next endeavor," said Dolan.

Bacardi, a privately-held spirits company, produces and markets spirits and wines.

More information and complete details:

www.BacardiLimited.com

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