David Dearie Named CEO of Treasury Wine Estates

Dear Client: Foster's Group just announced the future heads of the wine and beer units if and when the demerger is completed. David Dearie has been named ceo of Treasury Wine Estates, assuming the demerger goes ahead as planned. John Pollaers was named ceo of Foster's, the company's future beer division. The company said, "Work on the potential demerger continues to progress well and if a demerger proceeds it is expected to be implemented in the first half of calendar