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Brown-Forman Names Jim Peters as New Chief Financial Officer

Tipranks - Tue Mar 17, 8:54AM CDT

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An update from Brown Forman A ( ($BF.A) ) is now available.

On March 16, 2026, Brown-Forman Corporation announced the election of Jim Peters as Executive Vice President and Chief Financial Officer, effective March 31, 2026. Peters will join the senior executive team and assume the role of principal financial officer as he succeeds current CFO Leanne Cunningham, who is set to retire from the company on May 1, 2026.

Peters arrives from Whirlpool Corporation, where he previously served as Executive Vice President, Chief Financial and Administrative Officer and most recently led enterprise transformation initiatives. Brown-Forman has structured a substantial compensation and equity package for Peters, underscoring the strategic importance of his experience in managing complex global cycles, margin pressures, and volatile consumer demand as the company navigates current macroeconomic headwinds.

The most recent analyst rating on ($BF.A) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on Brown Forman A stock, see the BF.A Stock Forecast page.

Spark’s Take on BF.A Stock

According to Spark, TipRanks’ AI Analyst, BF.A is a Neutral.

The score is driven primarily by strong underlying profitability and solid free-cash-flow generation with improving leverage, but is held back by a clear bearish price trend versus key moving averages and a cautious earnings outlook that still calls for declines amid material near-term headwinds (used barrels and Canada). Dividend yield provides some support, though valuation is harder to gauge given the missing/invalid P/E input.

To see Spark’s full report on BF.A stock, click here.

More about Brown Forman A

Brown-Forman Corporation is a global leader in the spirits industry, building a portfolio of premium beverage alcohol brands for more than 155 years. Headquartered in Louisville, Kentucky, the company’s lineup includes Jack Daniel’s, Woodford Reserve, Old Forester, Herradura, The Glendronach, Diplomático Rum, Gin Mare, and other labels sold in more than 170 countries.

With around 5,000 employees worldwide, Brown-Forman focuses on responsibly developing and marketing fine-quality spirits across North America, Europe, Asia, and other regions. Its long-established heritage and broad premium portfolio position it as a key player in global spirits, serving both mature and emerging markets through its extensive distribution network.

Average Trading Volume: 207,026

Technical Sentiment Signal: Strong Sell

Current Market Cap: $10.84B

See more data about BF.A stock on TipRanks’ Stock Analysis page.

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