Brown-Forman (BF.B) (BF.A) announced that Campbell Brown will step down as chair of the Brown-Forman board of directors in July. Subject to his reelection at the annual meeting, he will continue to serve on the board as a director. Marshall Farrer, a fifth-generation descendent of the company’s founder and a current director of the board, will assume the role of chair of the board, subject to his reelection to the board.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BF.A:
- Brown-Forman initiated with an Outperform at Exane BNP Paribas
- Brown-Forman raises quarterly dividend 4% to 22.65c per share
- Brown-Forman price target lowered to $45 from $48 at BofA
- Brown-Forman price target lowered to $45 from $50 at Evercore ISI
- Brown-Forman price target lowered to $43 from $50 at Citi