RNDC appoints Robert Cornella as Chief Financial Officer

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Grand Prairie, Texas, June 2, 2022 — Republic National Distributing Company, the nationwide distributor and broker of premium wines and spirits, today announced the appointment of Robert Cornella as Chief Financial Officer and Executive Vice President, serving on the Operations Committee and reporting to the General Manager. Nick Mehall. In this role, Cornella is responsible for the financial performance, funding, governance and risk management of the business.

“Robert brings nearly 25 years of finance and mergers and acquisitions (M&A) leadership experience at blue-chip companies to this role,” Mehall said. “He also brings business, corporate finance, strategy, and financial planning and analysis (FP&A) skills learned in large divisions of Fortune 100 and Financial Times Stock Exchange (FTSE) 250 sized companies that will benefit RNDC as that we continue our journey of growth and transformation. .“

Cornella began his career at Ernst & Young holding several international and domestic leadership positions. In late 2004, he joined The Coca-Cola Company within the Mergers & Acquisitions group, becoming responsible for Coca-Cola’s European strategic M&A activities, including architecting and leading several large scale company consolidations. global beverage distribution and bottling companies. He then moved into increasingly complex international division CFO roles in public and private companies. Most recently, Cornella was Chief Financial Officer of Costa Coffee Group, the second largest multi-channel coffeehouse chain in the world.

“RNDC has tremendous growth potential and exciting opportunities ahead, and I’m proud to help the company achieve its goals and ambitions,” said Cornella. “I look forward to working with Nick Mehall and Bob Hendrickson to guide RNDC in implementing our strategic vision.”

A native of the New York metropolitan area, Cornella holds a BSBA from the University of Florida with concentrations in finance and economics. He holds a Master of Business Administration, magna cum laude, from the University of Florida/EM LYON Business School. He also holds a Masters in Financial Strategy, graduating with honours, from the University of Oxford in the UK. He completed the Executive Development Program at the Wharton School at the University of Pennsylvania and is a Chartered Management Accountant.

Cornella will be based in Atlanta and will begin his new role on June 6, 2022.

About Republic National Distributing Company

As the nation’s leading beverage alcohol distributor, RNDC’s nationwide reach assists vendors by building strategic relationships with onsite and offsite customers to elevate their brands and reach their target consumers. RNDC currently operates in the District of Columbia and 37 states in the United States, with the planned addition of the New York market in 2022. To learn more, visit www.rndc-usa.com or contact Reace Smith, Vice President, Corporate Communications at [email protected].

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