Distillers’ City Debate 2018
3rd May 2018
“This House believes that family companies think about the long term, publicly-owned companies focus on the now”
The seventh annual Distillers’ City Debate will be introduced by Master Distiller Bryan Burrough and chaired by Trevor Stirling, Liveryman and Managing Director European Beverages, Bernstein.
The motion – “This House believes that family companies think about the long term, publicly-owned companies focus on the now” – will be proposed by Lizzy Rudd, Chairman of Berry Bros & Rudd, and Victor Jerez, Global Business Development Director, William Grant & Sons. Lizzy Rudd says: “We focus on continuity and sustainable growth, looking decades ahead rather than the next one to five years, to hand on an even better business to the next generation.” Victor Jerez adds: “Well-run family companies – less subject to the short-term pressures of the public markets – are in a better position than public companies to focus on the long-term stewardship necessary to build successful spirits brands.”
Opposing will be Colin Gordon, former IDV Strategy & Business Development Director, and Tristan van Strien, Equities Analyst – Beverages at Redburn Partners. Colin Gordon is emphatic that “publicly-owned companies can and must think about the long term” and that “the focus of an organisation is more a reflection of its culture than its ownership”. Tristan van Strien says: “the liquor industry landscape is littered with the dry bodies of second generation family members…”.
Around 200 guests – spirits industry, analysts, City, media, Distillers’ Livery and other Livery Companies – are expected to gather for a lively Distillers’ City Debate. After the vote, there will be an opportunity to continue discussions and taste spirits from both sides at the Distillers’ Bar.
Entry to the Distillers’ City Debate is free of charge by pre-booked ticket (email email@example.com or call 020 7960 7173). Doors will open at Bank of America Merrill Lynch, King Edward Hall, 2 King Edward Street, London EC1A 1HQ at 6pm, the Debate runs from 6.30pm – 7.45pm, and the Distillers’ Bar and canapés until 9pm.