Marshall B. Farrer, a fifth-generation descendent of the corporate’s founder and a present director of the board, will assume the function of chair of the board, topic to reelection.
“It has been an honor to function chair of the board and to work alongside the numerous proficient professionals who comprise Brown-Forman’s board of administrators and govt management workforce,” stated Brown.
Throughout Brown’s tenure, Brown-Forman continued its premium portfolio reshaping via the acquisitions of Gin Mare and Diplomático Rum.
Brown led the board via durations of “important volatility”, together with a pandemic, provide chain disruptions, macroeconomic challenges, and tariffs on American whiskey.
