Foster's CUB MD Quits Due To Illness

By Annette Shailer

The Foster’s Group announced today (Dec 22) that CUB managing director, Alex Stevens, has resigned due to ill health.

Foster’s CEO, Ian Johnston, said “whilst we are very sorry about this unexpected development, we respect and support this decision and sincerely wish him well for the future.”

“In Alex’s short time at Foster’s, a lot has been achieved,” Johnston said. “The beer, cider and spirits sales team has been separated from wine, the approved strategy is being implemented, the newly renamed CUB business unit has been relaunched, new product initiatives have been accelerated, the supply chain is being enhanced and new support campaigns launched.”

“I thank Alex for his efforts, and confirm there is a strong CUB leadership team in place,” Johnston said.

Stevens joined Foster’s in February, after 12 years working for PepsiCo Inc.

Until further notice Ian Johnston will act as the CUB managing director.