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Corby Spirit and Wine Limited Announces New Director

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TORONTO, June 9, 2016 /CNW/ - Corby Spirit and Wine Limited's ("Corby" or the "Company") (TSX: CSW.A, CSW.B) Board of Directors announced today that, effective July 1, 2016, Philippe Dréano will retire from his position as a director of Corby and that Paul Duffy has been appointed as his successor, acting as one of Pernod Ricard's nominees.

"Philippe's insight and guidance have been invaluable in helping to guide the company over the past seven years," said Mr. McCarthy.  "I congratulate him on an exemplary career spanning 27 years with the Pernod Ricard Group and wish him all the best in his retirement."

With over 22 years at the Pernod Ricard Group, Paul Duffy brings extensive experience to the Corby Board of Directors, having served in various executive capacities. He is currently Chairman & CEO of The Absolut Company and has been appointed Chairman & CEO of Pernod Ricard North America and CEO of Pernod Ricard USA, effective July 1, 2016.  He is also a member of the Pernod Ricard Group Executive Committee. Paul Duffy graduated from the University of Dublin, Trinity College, with a Bachelor in Business Studies and undertook his training as a Chartered Accountant with KPMG Dublin.

"Paul brings significant industry and leadership experience to Corby and I look forward to working with him, as we continue Corby's goal to lead growth within the Canadian spirit and wine industry," said George McCarthy, Chairman of Corby's Board of Directors.

About Corby Spirit and Wine

Corby Spirit and Wine Limited is a leading Canadian marketer and distributor of spirits and imported wines. Corby's portfolio of owned-brands includes some of the most renowned brands in Canada, including Wiser's®, Lot 40®, Pike Creek®, and Gooderham & Worts® Canadian whiskies as well as Lamb's® rum, Polar Ice® vodka and McGuinness® liqueurs. Through its affiliation with Pernod Ricard S.A., a global leader in the spirits and wine industry, Corby also represents leading international brands such as ABSOLUT® vodka, Chivas Regal®, The Glenlivet® and Ballantine's® Scotch whiskies, Jameson® Irish whiskey, Beefeater® gin, Malibu® rum, Kahlúa® liqueur, Mumm® champagne, and Jacob's Creek®, Wyndham Estate®, Stoneleigh®, Campo Viejo®, Graffigna® and Kenwood® wines. In 2016, Corby was named one of the 50 Best Workplaces in Canada by The Great Place to Work® Institute Canada for the fifth consecutive year, and was also listed among Greater Toronto's Top 100 Employers. Corby is a publicly traded company based in Toronto, Ontario, and listed on the Toronto Stock Exchange under the trading symbols CSW.A and CSW.B. For further information, please visit our website or follow us on LinkedIn.

SOURCE Corby Spirit and Wine Limited

Image with caption: "Paul Duffy, Corby Spirit and Wine Limited's new director, effective July 1, 2016. (CNW Group/Corby Spirit and Wine Limited)". Image available at: http://photos.newswire.ca/images/download/20160609_C5131_PHOTO_EN_710205.jpg