Accolade Wines: New managing director, Europe
Australian-headquartered Accolade Wines has appointed Derek Nicol to the position of Managing Director, Europe.
Nicol brings extensive global experience to the new role, having served in commercial, supply chain and finance functions across the wine and spirits sectors internationally. Before joining Accolade in 2020, he served as Regional Operating Officer for EMEA and Supply Chain Director, EMEA and Asia, for Treasury Wine Estates.
As part of the change, Joe Russo will succeed Nicol as Chief Supply Chain Officer. Russo is currently General Manager of Supply Chain and Operations for Australia and New Zealand and has been with Accolade Wines for the last four years.
Russo brings a wealth of experience in all facets of supply chain management: having previously held senior supply chain roles with Diageo, Mondelez and Lion.
The changes will take effect on 1 February 2024.
They follow the resignation of Caroline Thompson-Hill to pursue an opportunity in the UK retail sector. She leaves after four years in the role, having led the European business through a period of ‘transformational change’ with Accolade Wines delivering consistent above-market growth and Hardys retaining its position as the UK’s number one wine brand.