Key Legacy Execs, Earl Kight and Jim Buechler, Leave Ballast Point

Big news out of Ballast Point today.  Two top Ballast Point execs have left the co as of today, including chief commercial officer Earl Kight, who has been the face of the company with distribs for years, as well as prexy/ceo Jim Buechler, top exec of co.  On Earl’s Facebook page, he talks of “the final Longfin from my manZach Borba...all good things must come to end...my last day at Ballast Point...on to the next project (s).”  One distrib comments: “Dude…????  WTF???”  Ballast Point of course was bought by Constellation for a billion bucks late last year.  And so far, at least from a numbers perspective,  going swimmingly.  Constellation just reported that Ballast Point up 60% in latest qtr Mar-May. And Ballast Point virtually doubling yr-to-date in IRI multi-outlet + convenience data in what’s become a very tough craft environment for many.   More as story develops.

 

Publishing Info

  • Newsletter: INSIGHTS Express
  • Published: 07/25/2016
  • Volume: 18
  • Issue #: 130