Tasmanian-based Lark Distilling Co has 2.2 million litres of whisky in storage.
New CEO Satya Sharma started on May 1 and was an executive for 10 years with Scottish giant William Grant & Sons.
Mr Sharma says the world has “moved on” from the abrupt exit of former CEO Geoff Bainbridge 15 months ago after an ice-pipe video scandal.
Lark is undergoing a three-month strategic review and the CEO says he’s open to M&A.
The new chief executive of ASX-listed whisky group Lark Distilling has started a three-month strategic review of the company aiming to invigorate growth, and has assured investors it has avoided any residual brand damage over the shock resignation of its former boss amid a drugs scandal 15 months ago.
Satya Sharma, who was an executive for 10 years with Scottish whisky giant William Grant & Sons in Singapore, China and the United Kingdom, expects the whisky category to be resilient in tougher economic times.
Loading...
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
