Mr.
McCarthy has been in the wine and spirits industry for over four decades. He is
the former President of the Americas
for Allied Domecq Spirits and Wine and a Director of Allied Domecq Ltd. Prior
to that he was President and CEO of Joseph E. Seagram and Sons Limited and
Seagram Far East. Mr. McCarthy is currently Chairman of Corby Distilleries
Limited, the second largest marketer of wine and spirits in Canada. He is
past Chairman and a Director of The Sky Ranch Foundation as well as Advisor to
the National Board of WAABI. He holds a BA from The University of Detroit and
an MBA from The University of Chicago. Richard Hurst, Chief Executive Officer of
Saint James, said: "I have known George for a number of years, and can
attest to his standing in the industry. While he is best known as the leader of
some of the most renowned wine and spirits companies, he has also demonstrated
his flair for entrepreneurialism. We look forward to being able to draw on the
full range of his experiences." Mr. McCarthy commented: "I have
followed closely Saint James's steps to invest in the wine industry, and am
very excited that they have asked me to be their Chairman. This appointment
allows me to be directly involved in a business I've always been passionate
about. There is still so much upside in the wine industry, especially in New World wines, and I look forward to playing my part to
help build Saint James's presence in the industry." The Saint James
Company is a US public company, which specializes in the acquisition and
distribution of New World wines, and has recently signed agreements for the
acquisition of wineries and wine brands in New Zealand and of the rights to
Olivia Newton John's Koala Blue wine brand in North America, as well as a
Letter of Intent to acquire a winery in Australia.
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