Brazilian Renato Gonzalez has just wrapped up one year as the boss of Red Stripe Jamaica, but on Thursday the company announced that he was headed out the door to take up a new assignment with parent Diageo Plc.
Gonzalez joined Red Stripe as managing director at the end of June last year, replacing another Diageo executive Allan Barnes, who ran the Jamaican beer company for two years.
Red Stripe Jamaica, which is the trading name for Directors of Desnoes & Geddes Limited, said in a market filing Gonzalez would be taking up the post of general manager of a "newly acquired Diageo business overseas", which it did not name.
Gonzalez will remain a director of the board of D&G. He will be replaced by another board member, Cedric Blair, who is also on the company's executive as supply chain director.
Blair's promotion to general manager of Red Stripe takes effect on September 1. He joined Red Stripe in 1995 and has held several posts within Diageo, including roles in North America, the company said.
The company's June yearend results are still pending, but at last report, Gonzalez had grown the brewery's nine-month profit by 70 per cent year on year to J$757 million at March 2012, notwithstanding near-static sales of J$9.78 billion.