Grand Prairie, Texas, June 2, 2022 — Republic Nationwide Distributing Firm, the nationwide distributor and dealer of premium wine and spirits, at the moment introduced the appointment of Robert Cornella as Chief Monetary Officer and Govt Vice President, serving as a member of the Working Committee and reporting to Chief Govt Officer Nick Mehall. On this position, Cornella is liable for the corporate’s monetary efficiency, funding, governance and danger administration.
“Robert brings almost 25 years of finance and mergers and acquisition (M&A) management expertise in blue-chip firms to the position,” Mehall stated. “He additionally brings industrial, company finance, technique and monetary planning and evaluation (FP&A) abilities gained in massive divisions of Fortune 100 and Monetary Instances Inventory Alternate (FTSE) 250-size firms that may profit RNDC as we proceed our progress and transformation journey.“
Cornella started his profession with Ernst & Younger rotating by means of a number of worldwide and home administration roles. In late 2004, he joined The Coca-Cola Firm within the Mergers & Acquisitions Group, turning into liable for Coca-Cola’s European strategic M&A actions, together with architecting and main a number of large-scale consolidations of world beverage distribution and bottling firms. He then progressed into more and more complicated worldwide divisional CFO roles in each private and non-private firms. Most not too long ago, Cornella was Group CFO of Costa Espresso, the world’s second largest multi-channel espresso chain.
“RNDC has super progress potential and thrilling alternatives forward, and I’m proud to assist the corporate understand its targets and ambitions,” Cornella stated. “I stay up for working with Nick Mehall and Bob Hendrickson to information RNDC as we execute on our strategic imaginative and prescient.”
Initially from the NYC metro space, Cornella holds a BSBA from the College of Florida with concentrations in finance and economics. He earned a Grasp of Enterprise Administration, graduating magna cum laude, from the College of Florida/EM LYON Enterprise College. He additionally holds a grasp’s diploma in Monetary Technique, graduating with distinction, from Oxford College within the UK. He accomplished the Govt Improvement Program at UPenn’s The Wharton College and is a Licensed Administration Accountant.
Cornella shall be based mostly in Atlanta and begins his new position on June 6, 2022.
About Republic Nationwide Distributing Firm
As a high beverage alcohol distributor within the nation, RNDC’s nationwide attain helps suppliers by constructing strategic relationships with on- and off-premise prospects to raise their manufacturers and attain their goal customers. RNDC presently operates within the District of Columbia and 37 states throughout the US, with the anticipated addition of the New York market in 2022. To study extra, go to www.rndc-usa.com or contact Reace Smith, Vice President, Company Communications at [email protected].
