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Treasury Wine Estates

Treasury Wine Estates hires Dulux CFO

May 14, 2020
By Alana House

Treasury Wine Estates has announced the appointment of Dulux CFO Stuart Boxer in the newly created role of Chief Strategy and Corporate Development Officer.

Boxer (below) will be based in TWE’s Melbourne office, with responsibility for leading key strategic business programs, becoming KMP on July 1, 2020.

TWE said in a statement to the ASX: “In this role, Boxer will lead TWE’s strategic business planning and drive priority growth, transformation and business improvement initiatives, the commercial investment strategy as well as mergers and acquisitions (M&A).

“Boxer is an experienced executive with strong financial, strategy and M&A expertise and joins TWE from Dulux Group where he was Chief Financial Officer and Executive General Manager Strategy.”

Boxer spent 12 years as Dulux CFO and has also been a chief financial officer at Southern Cross Broadcasting.

He will arrive at TWE on the same day that CEO Mike Clarke departs. Chief Operating Officer Tim Ford is taking over from Clarke in the top job.

Matt Young remains as CFO of TWE.

In other TWE movements, it was announced last month that former Australia MD Angus McPherson had been appointed Managing Director of Diageo Australia; while head of corporate affairs Carolyn Coon has also left the group after four years.

Treasury Wine Estates is a Category One Member of the Drinks Association.