Gusbourne PLC (AIM:SHLP), the English sparkling wine producer, has appointed a new chief executive officer as it looks to shake up the way its C-suite operates.
Jonathan White, who has experience working at wine giant Berry Bros. & Rudd, has been promoted to CEO from his role as marketing director as the group looks to grow from its £44.4 million market valuation.
Chairman Jim Ormonde said in a statement: “The board are delighted to appoint Jonathan as CEO.
“In the five and a half years he has worked at Gusbourne, he has shown real passion and commitment to building the Gusbourne brand into one of the UK’s most prestigious wine brands.”
As part of the changes, Simon Bradbury will become the group’s chief commercial officer and will be responsible for direct-to-consumer operations as well as managing the company’s trade, corporate and international sales divisions.
Katharine Berry, Gusbourne’s chief financial officer, will also expand her role, taking on the responsibility for the group’s vineyard and wine operations.
Both White and Bradbury are expected to join the board as executive directors, while Mike Paul, who was interim CEO over the last five months, will resume his role as non-executive director.
Gusbourne shares are up close to 3% in the last 12 months, trading at around 73p per share.