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15 June 2005

Musical Chairs

The trouble with the game ‘Musical Chairs’ is that you will have to find an empty seat when the music stops. Apparently, the music has stopped for Heineken’s CEO Anthony Ruys but has started to play again for Andreas Gembler, the former Philip Morris executive, who is to become President and CEO of Bacardi. Gembler, 62, who retired in 1999 as President and CEO of Philip Morris International, spent 30 years with the world’s largest cigarette company. He will replace Chairman and acting CEO Ruben Rodriguez, 68, who surprised many when he announced that he will step down from the Bacardi management.
For the past five years, Rodriguez has held one or both of the top jobs at the spirits company. ...

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