Angostura Grapples With Backlash Surrounding Internal Investigation Of Chairman, Rolph Balgobin, Over Allegations Made Against Him By Female Executive.
CEO of Trinidad and Tobago based Angostura—the producer of rums and world-famous bitters— says he plans to focus on growth as the company grapples with the backlash surrounding an internal investigation of its chairman, Rolph Balgobin, over allegations made against him by a female executive. According to the company’s new group CEO, Genevieve Jodhan, his focus will be on delivering on the company’s December 2016 business plan. That plan mandates that Angostura should increase its revenue from about $650 million in 2016 to $1 billion in 2021. BM