Less than a month after the appointment of Tim Ford as the new global chief operating officer on January 21st, the global wine giant announced another major personnel change on February 16. The Fushun Group announced that it was the original Fuyu Wine Group. Peter Dixon, Managing Director of Asia, will leave his post for personal career reasons.
Fushun Group announced its semi-annual report for FY 2019 on February 14th, announcing a net sales income of A$1.57 billion in the first half of the fiscal year, an increase of 16% year-on-year. The organic growth rate of 13% is a record high in the company and the performance of the Asian market. Strong, net sales revenue increased by 32%.
1. The original duties of Dixon are shared by two people. There is no candidate for the general manager of Asia.
Peter Dixon, Managing Director, Asia, Former Rich Wine Group
Prior to his departure, Peter Dixon’s position was “Director of Travel Retail Business in Asia, Middle East, Africa and the World”. After this personnel change, Peter Dixon’s original business will be handled by Tom King and Kinyi Choo respectively. Among them, the Asian business segment is subdivided into two parts, and the North Asia market is under the responsibility of Tom King. In addition to being responsible for the Southeast Asian business, Kinyi Choo will also take over the Middle East, Africa and global travel retail business.
Tom King joined the Fushun Group’s Asian leadership team last year and has served in the group for many years, including various positions in Europe and global travel retail managing director.
Kinyi Choo, as Managing Director of Southeast Asia, Middle East, Africa and Global Travel Retail, will report to ANZ and Managing Director of European Operations.
Although the relevant personnel of the Fushun Group told the media that the Asian business had a division of North Asia and Southeast Asia before this time, it is speculated that after clearing the positions of two managing directors in North Asia and Southeast Asia, will there be any new appointments next? The Managing Director of Asia still leaves a suspense for everyone.
2. Peace break up and join another Australian wine giant: Yujia Wine
In the announcement, FT Group expressed its appreciation and gratitude to Peter Dixon for his contribution to the business in Asia. During his tenure, Peter Dixon led the FT Asia team to achieve remarkable results. In the first half of FY19, FT Group achieved strong performance growth in Asia, achieving net sales revenue growth of 32% and profit before interest and taxes increased by 31%. The former profit margin reached 38.9%. The performance is followed by Peter Dixon’s effective marketing and strategic signing in Asia, especially in China. With such achievements, the affirmation and gratitude of the owner at the time of leaving the post is deserved.
At the same time, Peter Dixon also posted relevant information on WeChat’s circle of friends on February 16th. He said “Also a huge thanks to my amazing team at TWE for all they have done and i wish everyone good fortune for the future!! Thanks to all the contributions of the TWE team, they are really great, and I wish you all the best in the future!)”
Compared with Robert Foye, the former global chief operating officer who had previously resigned due to violation of the internal regulations of Fuyi Group. This time, the rich group and Peter Dixon clearly respect each other and thank each other.
However, in addition to gratitude, Peter Dixon also revealed important news in his circle of friends, and announced that his next career will be the same as the Australian wine giant Accolade wines.
Accolade wines
Although Yujia Wine is far less famous than Fuyu Group, there are no top wine brands like Penfolds, but its strength is still not to be underestimated. According to the data, Yujia Wine is the largest wine producer in Australia, ranking fifth in the world in terms of production capacity. It owns commercial brands such as Shady Hardy’s, Banlock Banrock, Houghton and 11 red five-star wineries.
Yujia Wines started late in the Chinese market. With the rise of the wine market in Asia, especially China, Yujia Wines needs to join the executives like Peter Dixon who are familiar with the Asian market and have demonstrated their ability to accelerate the Asian market. Layout.
Therefore, Peter Dixon said in a circle of friends that although the wine company he is going to is much smaller, he is very happy to have such an opportunity to sail again in a humble new business, and that Accolade wines also has a lot of great The quality wine, he hopes everyone has the opportunity to try these good wines as soon as possible.
After experiencing multiple personnel changes, how Fuyu Group will continue to maintain high growth in the Asian market in the future has become the focus of the industry.
