Grand Prairie, Texas, June 2, 2022 — Republic Nationwide Distributing Firm, the nationwide distributor and dealer of premium wine and spirits, in the present day 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 function, Cornella is liable for the corporate’s monetary efficiency, funding, governance and threat administration.
“Robert brings practically 25 years of finance and mergers and acquisition (M&A) management expertise in blue-chip corporations to the function,” Mehall mentioned. “He additionally brings industrial, company finance, technique and monetary planning and evaluation (FP&A) abilities gained in giant divisions of Fortune 100 and Monetary Occasions Inventory Alternate (FTSE) 250-size corporations that may profit RNDC as we proceed our development and transformation journey.“
Cornella started his profession with Ernst & Younger rotating via a number of worldwide and home administration roles. In late 2004, he joined The Coca-Cola Firm within the Mergers & Acquisitions Group, changing into liable for Coca-Cola’s European strategic M&A actions, together with architecting and main a number of large-scale consolidations of worldwide beverage distribution and bottling corporations. He then progressed into more and more complicated worldwide divisional CFO roles in each private and non-private corporations. Most not too long ago, Cornella was Group CFO of Costa Espresso, the world’s second largest multi-channel espresso chain.
“RNDC has large development potential and thrilling alternatives forward, and I’m proud to assist the corporate notice its targets and ambitions,” Cornella mentioned. “I look ahead to 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 Growth Program at UPenn’s The Wharton College and is a Licensed Administration Accountant.
Cornella will probably be based mostly in Atlanta and begins his new function 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 shoppers. RNDC at present operates within the District of Columbia and 37 states throughout america, 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].