The 47-year-old succeeds Joseph Schena who has left the company. McNamara most recently served as corporate controller for Bacardi and oversaw the day-to-day activities of the global finance function including leading the implementation of new planning, reporting and consolidation tools and establishing the company’s global shared services centre.
McNamara joined Bacardi in March 2013 with more than 25 years of leadership in strategic and financial planning, internal audit, supply chain, and treasury management.
CEO of family-owned Bacardi Limited Michael Dolan said: “Bacardi prides itself of the calibre of its employees. The internal appointment of Kevin continues to showcase the strong talent within the company.
“I look forward to Kevin continuing his leadership in providing guidance on our strategic long-term global accounting, reporting and forecasting practices,” said Dolan.
As CFO, McNamara will be a member of the Bacardi Global leadership team and remain based in the company’s global headquarters in Hamilton, Bermuda. McNamara will report to the CEO and also to a newly-created position of EVP and chief administrative officer (CAO), who will be named in the next few months. The CAO will also be based at the company headquarters in Bermuda subject to approvals by the Bermuda Department of Immigration.
