• Sam Fischer appointed as new CEO and Managing Director of Treasury Wine Estates
• Tim Ford to step down after 14 years with the company, including 5 years as CEO
• Sam Fischer brings over 30 years of global leadership experience in alcohol beverages, consumer goods and luxury brands

Treasury Wine Estates (TWE) has announced that Mr Sam Fischer will become its Chief Executive Officer and Managing Director effective from 27 October 2025, succeeding Mr Tim Ford who is leaving TWE after a 14-year career with the Company and five years as CEO and MD. The Board has undertaken an extensive global search, culminating in Mr Fischer's appointment. Mr Fischer is a proven CEO with more than 30 years of global experience in alcohol beverages, consumer goods and luxury brands, with an impressive track record leading organisations through periods of significant transformation and growth. He is currently the CEO of Lion (owned by the Kirin Group), an alcohol beverage industry leader. Prior to that, he spent 15 years with global alcohol beverage leader Diageo in various roles, including as President, Asia Pacific & Global Travel. TWE Chairman John Mullen said Mr Fischer is the right person to lead TWE into its next era of growth and performance. Tim Ford will remain as CEO and MD until 30 September 2025 to ensure a smooth transition.