Australia’s Treasury Wine taps Diageo executives

Treasury Wine Estates Ltd. said Wednesday it has appointed two former executives from liquor giant Diageo PLC DEO -1.70% to senior regional posts, as the world’s largest listed pure play wine company attempts to refresh itself with a wide-ranging management restructure. Sandra LaDrew, most recently president of Diageo’s Catalyst unit focused on niche spirits brands, will head up the group’s Americas operations from March. She replaces Stephen Brauer, who in October moved to lead Treasury Wine’s flagship U.S. wine brand Beringer, reports Market Watch.