Brown-Forman (BF.B) (BF.A) stockholders convened Thursday for their annual meeting, where they elected the Board of Directors’ recommended slate of nominees and ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026. Marshall B. Farrer, a fifth-generation descendant of the company’s founder and a current Director, was reelected to the Board of Directors and assumed the role of Chairman. This follows Campbell P. Brown’s announcement in November 2024 that he would be stepping down from the Chairman role while standing for reelection as a Board member. “As the incoming Chairman, I am honored to help shape Brown-Forman’s future by upholding our rich heritage with the highest standards of corporate governance, drawing on 155 years of leadership to continue building a company that endures across generations,” said Farrer. “Our strength has always been rooted in long-term thinking, and we are steadfast in stewarding a legacy founded on integrity, quality, and care-ensuring this business thrives for generations to come.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BF.A:
- Big alcohol looks to enter cannabis beverage market, Reuters reports
- Trump Trade: EU looks to impose retaliatory tariffs on U.S. aircraft, cars
- Video: Why Constellation And Other Spirts Makers Are Sinking Today
- Constellation falls after Trump threatens 30% tariffs on Mexico
- Brown-Forman upgraded to Neutral from Sell at Rothschild & Co Redburn
