Latest news with #Benriach
Yahoo
6 days ago
- Business
- Yahoo
Brown-Forman Stockholders Elect Directors, Farrer Named Chairman
Board Approves Cash Dividend LOUISVILLE, Ky., July 24, 2025--(BUSINESS WIRE)--Brown‑Forman Corporation (NYSE: BFA, BFB) stockholders convened today for their annual meeting, where they elected the Board of Directors' recommended slate of nominees and ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026. Marshall B. Farrer, a fifth-generation descendant of the company's founder and a current Director, was reelected to the Board of Directors and assumed the role of Chairman. This follows Campbell P. Brown's announcement in November 2024 that he would be stepping down from the Chairman role while standing for reelection as a Board member. "As the incoming Chairman, I am honored to help shape Brown-Forman's future by upholding our rich heritage with the highest standards of corporate governance, drawing on 155 years of leadership to continue building a company that endures across generations," said Farrer. "Our strength has always been rooted in long-term thinking, and we are steadfast in stewarding a legacy founded on integrity, quality, and care—ensuring this business thrives for generations to come." "We are pleased to welcome Marshall, a visionary thinker with excellent strategic acumen, to the role of Chairman," said Lawson E. Whiting, Brown-Forman's President and Chief Executive Officer. "The company extends its sincere gratitude to Campbell for his distinguished leadership and dedicated service." In a subsequent meeting, the Board of Directors approved a regular quarterly cash dividend of $0.2265 cents per share on its Class A and Class B Common Stock. The dividend is payable on October 1, 2025, to stockholders of record on September 3, 2025. Brown-Forman has paid regular quarterly cash dividends for 81 consecutive years and has increased the regular cash dividend for 41 consecutive years. "In an increasingly complex environment, it is more critical than ever for us to lean into the sources of our strength—our world-class portfolio of brands, our exceptional team of people, and the unwavering commitment of the Brown family," Whiting continued. "In fiscal 2025, we made strategic, forward-looking decisions to ensure we are positioned for long-term success, including evolving our U.S. distribution network, restructuring our global organization, and investing in key brands. As we look forward, our focus is on executing with excellence, optimizing our capital allocation, and capturing near-term opportunities to drive growth." Brown-Forman Brown-Forman Corporation is a global leader in the spirits industry, responsibly building exceptional beverage alcohol brands for more than 155 years. Headquartered in Louisville, Kentucky, we are guided by our founding promise, "Nothing Better in the Market." Our premium portfolio includes Jack Daniel's Family of Brands, Woodford Reserve, Old Forester, New Mix, el Jimador, Herradura, The Glendronach, Glenglassaugh, Benriach, Diplomático Rum, Gin Mare, Fords Gin, Chambord, and Slane. With approximately 5,000 employees worldwide, we proudly share our passion for fine-quality spirits in more than 170 countries. Learn more at and stay connected with us on LinkedIn, Instagram, and X. Important Information on Forward-Looking Statements: This press release contains statements that are "forward-looking statements" as defined under U.S. federal securities laws. These forward-looking statements reflect management's expectations or projections regarding future events and speak only as of the date we make them. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. By their nature, forward-looking statements involve risks, uncertainties, and other factors (many beyond our control) that could cause our actual results to differ materially from our historical experience or from our current expectations or projections. For further information on factors that could cause our actual results to differ materially from our historical experience or from our current expectations or projections, please refer to our public filings, including the "Risk Factors" section of our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. View source version on Contacts Elizabeth Conway, Director, External CommunicationsElizabeth_Conway@ Sue Perram, Vice President, Investor RelationsSue_Perram@
Forbes
15-05-2025
- Entertainment
- Forbes
SF World Spirits Competition Names Top Single Malt Scotch Whisky
Some of the finalists for World's Best Single Malt Scotch Whisky from the San Francisco World Spirits Competition Fifteen single malt Scotch whiskies are finalists at the 2025 San Francisco World Spirits Competition. The SFWSC is among the world's largest and most prestigious whisky judging events. Whisky enthusiasts and the beverage industry closely follow its results. Below are brief backgrounds and tasting notes on the finalists. The Top Shelf 2025 Awards Gala, a highly anticipated whiskey industry event, will announce the winner on November 9 at Hotel Nikko in San Francisco. These whiskies have no age statement (NAS). To be classified as Scotch whiskies, they must be at least three years old. However, the full length of their aging is undisclosed. Smoky Quarter Cask is crafted from unpeated and peated spirit. Initially matured in ex-bourbon barrels, it undergoes a second maturation in 33-gallon quarter casks. These smaller-sized casks provide more wood-spirit interaction, enhancing the whisky's flavor and texture and increasing its sweet and smoky profile. The nose features poached pear, grilled apricot, cooked cereal/barley malt, and a persistent cold smoke. The palate exhibits cooked stone fruit, vanilla, milk chocolate, nuts, almond praline, seasoned oak, and a pervasive smokiness. The finish is long with lingering nuts, earthy peat, white pepper, and smoky notes. Smoke Season is a small batch release celebrating the period when Benriach distills peated spirit. It's matured in American virgin oak and ex-bourbon barrels to amplify the toasted, sweet, and smoky notes. Caramel, citrus zest, oak wood spices, earthy peat, and smoke are featured on the nose. The palate exhibits vanilla, charred fruit notes of apple and orange, cinnamon, caramel, and a persistent smoky character. The finish is long, sweet, and smoky with lingering roasted fruit notes. Inspired by the Scottish coastal village of Sandend, this whisky is matured in bourbon and manzanilla Sherry casks, capturing the seaside's maritime character. The nose features salt-laden sea breezes, honey, cooked cereal/malt, and a hint of citrus. The palate exhibits salted caramel with fruity pineapple, cherry, and grapefruit flavors. The finish is long and savory, with lingering fruit, seasoned oak, and spicy notes. Named after the harbor village of Portsoy, this richly peated single malt is matured in Sherry, bourbon, and Port casks. The nose features a distinct maritime character of salt-laden air and sea kelp strewn beach at low tide, fresh tropical fruit, dried sherried fruit, soy sauce, and anise/licorice. The whisky is robust and full-bodied on the palate, featuring dark chocolate, soy sauce, charred mango, molasses, and freshly ground sea salt. The finish is long, with lingering spicy and smoky notes. Remarkable Alchemy, a travel retail exclusive, showcases Loch Lomond's unique distillation methods, combining various still types and fermentation techniques. The nose features green apple, kiwi, vanilla, smoke, and a hint of caramel. The palate showcases brown sugar, poached orchard fruit, especially pear, lemon zest, and a rich smoke. The finish is long and smoky with lingering green apple and lemon zest notes. Some of the finalists for World's Best Scotch Whisky from the 2025 SFWSC A Speyside single malt, from one of the region's largest distillers, The Singleton is known for its smooth and approachable character. The whisky is fruity on the nose, featuring ripe pear, stewed apples, vanilla, caramel, and roasted nuts. The palate is sweet, exhibiting caramel, sweet barley sugar, vanilla, honey, coffee, and white chocolate flavors. The finish is smooth and medium length, with lingering honey and vanilla notes. A peated Speyside single malt matured in bourbon, Jamaican rum, and toasted, virgin oak casks. The nose features brown sugar, chocolate, candied citrus zest, and a pervasive cold smoke. The palate exhibits apple, honey, black pepper, vanilla, caramel, and a hint of chili pepper. The finish is medium length with lingering notes of seasoned oak, cold smoke, and a hint of char. Forgue is a Highland single malt matured in sherry casks. It offers a rich and complex flavor profile. Brown sugar, golden raisins, caramel, maple syrup, plum cake, cocoa, and blackcurrants are featured on the nose. The palate showcases typical Sherry influences of raisins, blackcurrants, dark chocolates, dried fruits, nuts, along with oak, mint, and cardamom. The finish is long and dry with lingering caramel and Sherry notes. A Highland single malt known for its peated character and complex profile. The nose features dry peat smoke, vanilla syrup, and cracked black pepper. The palate is sweet and flavorful, exhibiting medicinal peat, smoked bacon, roasted coffee bean, clove, star anise, green apple, and pear. The finish is long, with lingering spicy and smoky notes. Highland Park is an Orkney single malt known for its balance of sweet, floral, and smoky flavors. The nose features light heather smoke, maritime aromas, and cooked cereal/malty notes. The palate is semi-sweet with savory sea salt, honey, cooked cereal/malt, and smoke. The long finish has lingering maritime, smoky, and cooked cereal notes. Some of the finalists for World's Best Scotch Whisky from the 2025 SFWSC A Highland single malt finished in Madeira casks, enhancing its rich, fruity, and honeyed character. Aberfeldy's nose features honey, vanilla, citrus, and nuts. The palate is sweet and fruity, exhibiting honey, vanilla, citrus, spices, cinnamon, and fruit notes. The finish is long and sweet, with lingering cinnamon, vanilla, chocolate, and nuts. A Highland single malt finished in Palo Cortado sherry casks, offering a complex and enticing semi-sweet and savory profile. The whiskey features green apple, seasoned oak, and a savory/maritime character. It's dry and spicy on the palate, with Sherry influences, almond, and a hint of citrus zest. The finish is long and dry, with lingering maritime notes, salted almonds, and a hint of lemon. Alexander Murray is a Florida-based specialty bottler. In addition to their proprietary range, they also develop custom blends for Costco and Total Wine & More. This Highland single malt is matured in first-fill ex-sherry casks, delivering rich, fruity Christmas cake flavors. The nose features dried fruits, golden raisins, fresh apricot, hazelnut, and a hint of spice. It's rich and viscous on the palate with typical sherried Christmas cake flavors of golden raisin, dried apricot, fig, candied orange zest, nuts, and spice notes of cinnamon and clove. The finish is long and sweet with lingering dried fruit and spicy notes. An unpeated Islay single malt known for its fruity style and complex character. The nose features stone and tropical fruit flavors of peach, apricot, melon, and mango, cooked cereal/malt, and yeasty bread dough notes. The palate is sweet and creamy, showcasing cooked peaches, butterscotch/caramel sauce, hints of old leather, vanilla, and seasoned oak. The finish is long and smooth with lingering dried fruit sweetness. Glenmorangie is a Highland single malt leader in innovative cask finishing and experimental whisky making. The nose is rich and floral, featuring honey, caramelized orange, jasmine, and lemon blossom. The fruity palate features dried figs, orange marmalade, butterscotch, vanilla, and subtle wood smoke. The finish is long, with a layered complexity and lingering notes of dried fruit and cold smoke. These single malt Scotch whiskies are all outstanding. They are varied, showcasing a range of proofs, cask finishes, and diverse aroma and taste profiles. They represent well-known legacy producers as well as less familiar brands. Several represent outstanding values. If you are a Scotch whisky enthusiast, there is plenty here to try out and explore.
