Andrew Peller has promoted CFO Paul Dubkowski to CEO, as part of two changes in the Canadian beverage producer’s leadership.
Dubkowski takes over from John Peller, who has served as CEO of the company for 29 years. While Peller is retiring from the CEO position, the group said he will take on a strategic consulting role.
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Dubkowski joined the group as CFO in 2022, having previously worked for 20 years in financial roles in companies such as distributor Indigo and travel company Sunwing.
In other movement at Andrew Peller, Patrick O’Brien has been appointed as the group’s president and chief commercial officer.
Andrew Peller said both executive appointments are effective immediately.
“They are both accomplished leaders, with deep knowledge of Andrew Peller’s operations and the beverage alcohol industry,” chairperson Bruce McDonald said.
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By GlobalData“Paul has been instrumental in strengthening the foundation of the business over the last several years while driving operational efficiencies and cost savings initiatives.”
McDonald added: “Patrick has built an industry-leading commercial team that has consistently delivered above category growth across all channels. With Paul and Patrick in these new roles, we have the right leadership team to carry forward the core values and rich traditions that have been ingrained in the company by the Peller family.”
Andrew Peller owns nine wineries in British Columbia and Ontario and has production partnerships with vineyards and wineries internationally. It also produces, markets and sells spirits, craft beer, ciders and seltzers.
The business saw revenue climb to C$385.9m (US$281.4m) in its full fiscal 2024, up from C$382.1m in 2023. In the fourth quarter, revenue was C$85m, up 9.4% on the previous year.
Last month, The Peller Estates and Wayne Gretzky brands owner welcomed the Ontario government’s recent announcement to expand the alcoholic beverages marketplace 16 months earlier than initially planned.
Starting on 1 August, Ontarian consumers will be able to purchase new products, including coolers and RTD beverages, alongside more pack sizes at grocery stores that sell wine or beer.
By the end of October 2024, “every convenience, grocery and big-box store in Ontario will be able to sell beer, cider, wine and ready-to-drink alcoholic beverages if they choose to do so”, according to the government.
