Go Big or Go Home: Bardstown Bourbon Co. adds Former Morgan Stanley CEO to Board
The Bardstown Bourbon Company filled its first barrel of bourbon in September of 2016. At the time of that initial distillation run capacity was 1.5 million proof gallons with room for growth. Its model is slightly different than most startup distilleries. Rather than building their own brand, which they eventually will do, they started out with a plan to contract distill for others with their “Collaborative Distilling Program.” By the time the first gallon of white dog came off the still, they had already sold out their inventory and made plans for expansion. In January 2017 they officially announced they were doubling capacity to 3 million proof gallons.
As the company continues to expand, they have also expanded their board from three to four with the addition of John J. Mack to its Board of Directors. Mr. Mack is the former Chairman and CEO of Morgan Stanley, having served in those roles from 2005 to 2011.
“The Bardstown Bourbon Company is honored to have John Mack join the Board,” said Peter Loftin, Chairman of BBCo. “John is an extremely accomplished business leader and an experienced board member in both the public and non-profit sectors. We are confident that BBCo will greatly benefit from his judgment, insights, and counsel.”
Mr. Mack currently serves as Chairman of Lantern Credit and is also on the Board of Glencore International AG, Lending Club, Bloomberg Family Foundation and Tri Alpha Energy. In addition, he serves on the Board of Trustees of New York-Presbyterian Hospital and the University Hospital of both Columbia and Cornell.
Mr. Mack’s appointment expands The BBCo Board to four directors, including Peter Loftin, Founder and Chairman of BBCo, David Mandell, Founder and President & CEO of BBCo, and Jeff Hopmayer, Managing Partner of the Brindiamo Group.
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Room to Expand to 6 Million Proof Gallons
The Company is developing a destination experience with a first-of-its-kind Napa Valley style campus featuring a state-of-the-art whiskey distillery, unique and transparent educational experience, integrated visitors center, event space, and whiskey library, bar, and restaurant.
The footprint can ultimately be expanded to more than six million proof gallons within the current design, by adding additional equipment.
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