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Fortune Brands Inc (FBI)

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Friday 24 October, 2008

Fortune Brands Inc

Fortune Brands Announces Management Change at B...

Fortune Brands Inc

                           BEAM GLOBAL SPIRITS & WINE

Fortune Brands, Inc. (NYSE:FO) today announced that Tom Flocco, president and
chief executive officer of its Beam Global Spirits & Wine business, will leave
the company to pursue other interests. The Beam Global senior executive team
will report to Bruce Carbonari, chairman and chief executive officer of Fortune
Brands, on an interim basis while a search is conducted for a successor.

'Tom and the Beam Global team have accomplished a great deal over the past
several years to build our spirits business into one of the top four premium
spirits companies in the world,' Carbonari said. 'Notably, our spirits business
doubled in size and elevated its portfolio with the acquisition of the Allied
Domecq brands in 2005, and has begun simplifying and building its routes to
market in the U.S. and globally. We're confident Beam Global is on the path to a
future of promising opportunities and stronger performance, and we're committed
to taking our spirits business to the next level. We appreciate Tom's many
contributions to Beam Global's success and wish him all the best in the future.'

'The people of Beam Global can be proud of the significant progress we've made
together,' said Flocco. 'Now that we've successfully unwound our former
partnership with V&S Group and defined the business's new routes to market, I'll
step aside after six years with Beam Global and pursue new challenges. I leave
Beam Global with the utmost confidence in the company's brands, people and
future possibilities.'

Flocco joined Fortune Brands in 1999 as senior vice president of strategy and
corporate development, moved to the spirits unit in 2003 as chief operating
officer, and became president and CEO of the spirits business in January of

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About Fortune Brands

Fortune Brands, Inc. is a leading consumer brands company with annual sales
exceeding $8 billion. Its operating companies have premier brands and leading
market positions in distilled spirits, home and hardware, and golf products.
Beam Global Spirits & Wine, Inc. is the company's premium spirits business.
Major spirits brands include Jim Beam and FORTUNE BRANDS ANNOUNCES MANAGEMENT

Maker's Mark bourbon, Sauza tequila, Canadian Club whisky, Courvoisier cognac,
Cruzan rum, Teacher's and Laphroaig Scotch, and DeKuyper cordials. Home and
hardware brands include Moen faucets, Aristokraft, Omega, Diamond and Kitchen
Craft cabinetry, Therma-Tru door systems, Simonton windows, Master Lock padlocks
and Waterloo tool storage sold by units of Fortune Brands Home & Hardware LLC.
Acushnet Company's golf brands include Titleist, Cobra and FootJoy. Fortune
Brands, headquartered in Deerfield, Illinois, is traded on the New York Stock
Exchange under the ticker symbol FO and is included in the S&P 500 Index, the
MSCI World Index and the Ocean Tomo 300(TM) Patent Index.

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Clarkson Hine                Tony Diaz
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