CEDC names CEO of Russian Alcohol subsidiary
Posted on January 17, 2013 at 05:34 AM EST
Central European Distribution Corp. has named Vladimir Filiptsev the CEO of its Russian Alcohol Group subsidiary. Mount Laurel, N.J.-based CEDC sells vodka and other spirits in Russia, Poland and other nations. Filiptsev had been CEO at spirits distribution company Roust Inc., a property of CEDC investor Russian Standard. He has worked at Coca-Cola and Wrigley. CEDC (NASDAQ:CEDC) said last month that it is getting $65 million in funding from Russian Standard in exchange for operational control.