Tortoroli named as new Bacardi CAO
Bacardi Ltd, the largest privately held spirits company in the world, has appointed Jacques Tortoroli as its chief administration officer, effective December 1.
In this newly created role, Mr Tortoroli is responsible for global finance, operations, information technology and real estate.
As CAO, Mr Tortoroli is a member of the global leadership team that will report directly to Mike Dolan, the Bacardi chief executive officer. He will be based at the company headquarters in Hamilton, Bermuda, pending Department of Immigration approvals.
Mr Tortoroli joins Bacardi from Viacom, the multinational entertainment company, where he most recently held the dual role of executive vice-president (EVP) of financial services for Viacom and EVP and chief financial officer (CFO) for Viacom Media Networks, which was formerly MTV Networks.
While leading financial operations, he was responsible for Viacom’s global business services organisation, continuous improvement group, sourcing, risk management, travel, and financial planning and analysis functions. Mr Tortoroli has held various positions within Viacom since he joined the company in 2002, including senior vice-president (SVP) and CFO of CBS Radio, SVP and CFO of Westwood One, and SVP and controller of Viacom.
“Jacques has a proven track record in leading multinational organisations and functions, and brings extensive leadership, financial management and implementation of global systems experience to this newly created position,” Dolan said. “I’m confident Jacques will bring together these various functions under one umbrella for a more streamlined, efficient and effective Bacardi.”
Mr Tortoroli said: “Bacardi is a dynamic company with an outstanding portfolio of iconic brands. I am excited to lead such a talented team to further strengthen our global business and functions in finance, operations, IT and real estate.”
Before his experiences at Viacom, Mr Tortoroli served in various executive leadership roles at Scient (2001-2002), Young & Rubicam (1998-2001), PepsiCo (1987-1998) and KPMG (1979-1987).
