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Brown Family Governance Journey
WSWA – Leadership Skills Conference Tuesday, July 15th Campbell P. Brown
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Brown Family Governance Journey WSWA Leadership Skills Conference - - PowerPoint PPT Presentation
Brown Family Governance Journey WSWA Leadership Skills Conference - - PowerPoint PPT Presentation
Brown Family Governance Journey WSWA Leadership Skills Conference Tuesday, July 15 th Campbell P. Brown 2 Who is Brown-Forman? Publicly traded and family controlled High quality premium spirit & wine producer with more than $3B in
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Who is Brown-Forman?
Publicly traded and family controlled High quality premium spirit & wine producer with more than $3B in sales B-F brands are supported by over 4,800 employees and are sold in more than 170 countries worldwide More than 40 spirit, wine and RTD products crafted in 7 different countries Own the iconic Jack Daniel’s Tennessee Whiskey Highest relative ROIC in our industry* S&P 500 “Dividend Aristocrat”
*As of 4-31-18
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A F A M I L Y B U S I N E S S J O U R N E Y
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Our Governance Journey
More than 3,700 publicly-traded companies
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A F A M I L Y B U S I N E S S J O U R N E Y
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140 publicly listed, family controlled companies
Our Governance Journey
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A F A M I L Y B U S I N E S S J O U R N E Y
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Only 17 publicly listed, family controlled companies founded before 1900
Our Governance Journey
Brown-Forman is the 5th oldest among this exclusive group
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Newspaper of the Year
WORLD BUSINESS NEWSPAPER
LONDON FRIDAY, 22 MARCH, 2019
Family ties complicate the mix when it comes to spirits
Patience is a virtue among expert distillers of high-end whisky or cognac, which often wait years for the spirits to age to perfection…
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Brown Family Governance System Board Company Family
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A F A M I L Y B U S I N E S S J O U R N E Y
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George Garvin Brown Owsley Brown I W.L. Lyons Brown, Sr.
- Geo. Garvin
Brown II Daniel L. Street William F. Lucas W.L. Lyons Brown, Jr. Owsley Brown II Paul C. Varga Lawson Whiting
Brown-Forman Leadership
P r e s i d e n t s , C E O s & C h a i r m e n o f t h e B o a r d
B r o w n F a m i l y N o n - B r o w n F a m i l y
1870 - 1917 1917 - 1945 1945 - 1951 1951 - 1966 1966 - 1969 1969 - 1975 1975 - 1993 1993 - 2007 2007 - 2018 2018 +
C h a i r m e n o f t h e B o a r d George Garvin Brown Owsley Brown I W.L. Lyons Brown, Sr. W.L. Lyons Brown, Sr. Geo. Garvin Brown II Robinson Brown, Jr. W.L. Lyons Brown, Jr.
Owsley Brown II George Garvin Brown IV
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What is the Role of the Family Shareholders Committee? What is the Role of the Family Shareholders Committee?
- Establishes a governance framework to support and ensure engaged stewardship and
- rganized communication between our Family and Brown-Forman
- Balanced representation of Brown Family Branches, Brown-Forman Management led by Board
Chair and Company CEO
- Provides another platform in which family members and spouses can engage with the
Company and Industry in a meaningful way without having to be a manager within the Company
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What is the Role of the Wolf Pen Branch LLC?
- Supports and protects the independence of Brown-Forman
- Enhances privacy
- Allows us to continue to build consensus and to provide a unified voice articulating our strong
position of being supportive multigenerational shareholders
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The Letter Video Placeholder
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