Asahi Beverages has announced the retirement of Peter Margin as Chairman of Asahi Holdings Australia (Asahi).
Following the successful integration of Carlton & United Breweries (CUB) into the Asahi business earlier this year, Margin said now was the right time to retire from his role at Asahi.
“It has been an immense privilege and an incredibly professionally rewarding experience to see Asahi Beverages’ unparalleled growth and success over the past 5 years, as well as complete Asahi Beverages’ succession planning,” Margin said.
“The company is exceptionally well positioned to continue on its ambitious plans for growth. The company’s customers, partners and employees are in great hands.
“I will now be concentrating on my other Board directorships.”
Roland van Bommel has been appointed as Acting Chair and he paid tribute to the work Margin has done with Asahi.
“Peter has been an exceptional leader of AHA. He can be very proud of the company’s strong growth over the past 5 years. I wish Peter all the best for the future. He leaves the Asahi Beverages business in great shape,” van Bommel said.
He added: “It’s business as usual for Asahi Beverages. The business and its executive team, under the leadership of Group CEO Robert Iervasi, continues to deliver as we have seen with the seamless integration of CUB into the Asahi Beverages family. Asahi Beverages is proud to now have the leading drinks portfolio in Australia.”