Management ChangeJul 13, 2026, 04:41 PM
Brown-Forman CEO Lawson Whiting to Retire
AI Summary
Brown-Forman Corporation announced that Lawson Whiting will retire as President and Chief Executive Officer after nearly 30 years with the company. His retirement will be effective upon the appointment of his successor, for whom the Board has initiated a search process considering both internal and external candidates. Whiting will serve in an advisory role during the transition to ensure continuity. The company also reiterated its fiscal 2027 outlook.
Key Highlights
- Lawson Whiting to retire as President and CEO of Brown-Forman after nearly 30 years of service.
- His retirement is effective upon the appointment of a successor.
- The Board of Directors has initiated a search process for a new CEO, considering internal and external candidates.
- Whiting will remain in an advisory capacity to ensure a smooth transition.
- Brown-Forman reiterated its fiscal 2027 outlook as previously disclosed.
Price Impact
More from BF-A