Bermuda-based beverage giant Bacardi Ltd has appointed Kevin McNamara as chief financial officer and senior vice-president.

The 47-year-old succeeds Joseph Schena, who left the company for another opportunity.

Mr McNamara most recently served as corporate controller for Bacardi and oversaw the day-to-day activities of the global Finance function including leading the implementation of new planning, reporting and consolidation tools and establishing the company’s global shared services centre.

Mr McNamara joined Bacardi in March 2013, with more than 25 years of leadership in strategic and financial planning, internal audit, supply chain, and treasury management.

Prior to Bacardi, Mr McNamara served as executive vice-president, chief financial and administration officer for Centerplate, the largest provider of food and merchandise services to sports stadiums, convention centres, performing arts centres and attractions in North America. He also served in various finance leadership roles at Procter & Gamble and its subsidiaries.

“Bacardi prides itself of the calibre of its employees. The internal appointment of Kevin continues to showcase the strong talent within the company,” said chief executive officer Michael Dolan.

As CFO, Mr. McNamara will be a member of the Bacardi Global Leadership Team and remain based in the company’s global headquarters in Hamilton.

“I look forward to utilising my experience as a senior financial executive, coupled with a wealth of expertise in financial systems and guiding strong management teams, to help Bacardi achieve even greater financial success,” Mr McNamara said.

He will report to the CEO and also to a newly-created position of EVP and chief administrative officer (CAO), who will be named in the next few months. The CAO will also be based at the company headquarters in Hamilton, subject to approvals by the Department of Immigration.