The Decanter Power List 2013

29 of 52

23 David Dearie (–)
CEO/executive director, Treasury Wine Estates, 50
When in 2011 Fosters spun off its wine portfolio – containing such jewels as Penfolds, Beringer, Wolf Blass and Lindeman’s – staff were delighted. ‘We need never go to a meeting about beer again,’ said one. TWE, the world’s second-largest listed wine company, now has more than 80 brands, 11,000ha of vines, wine sales totalling 32 million cases and more than 3,500 staff across 12 countries. While there have been some PR hiccups – Penfolds for one has been slated for its price hikes on top Bin wines – Dearie is an imaginative and solid CEO, recently announcing a programme to seek out cool-climate land to stay one step ahead of climate change. He also plans to target China’s high-end wine drinkers by opening a 6,000m2 wine gallery in Shanghai.