Brown-Forman (BF-A) Announces Strategic Initiatives for Growth
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Brown-Forman Announces Series of Strategic Initiatives for Growth
January 14, 2025 8:10 AM ESTCompany To Restructure Globally, Louisville Cooperage To Close
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE:BFA,BFB) announced today a series of strategic initiatives to position the company for continued growth in the dynamic global spirits market. These initiatives include restructuring the executive leadership team, implementing a workforce reduction affecting approximately 12% of the companys global workforce, and closing the Louisville-based Brown-Forman Cooperage.
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