B-F Brass on Setting up Next Generation of Growth

Earlier this year, Brown-Forman announced that long-time ceo Paul Varga would be stepping down, and replaced by Lawson Whiting. During Barclay's annual Back to School conference yesterday, B-F leadership discussed the strategies it will focus on under Lawson's guidance.B-F is increasing its focus on emerging markets and accelerating the growth of its smaller brands, a strategy that was already in place, but Lawson helped developed. Recall, we reported last week that B-F has created an emerging brands division, specifically to