Old Nassau Imports appoints new CEO to succeed late co-founder

Luxury spirits company Old Nassau Imports has named D. Ross Arthurs as CEO. Arthurs succeeds Old Nassau Imports CEO and co-founder Dr. Malcolm M. Lloyd, who died on April 24, 2014. Prior to joining Old Nassau Imports, Arthurs was a partner at Princeton Investment Partners.

PRESS RELEASE

NEW YORK–(BUSINESS WIRE)–Old Nassau Imports, LLC., the spirits innovation company known for its award-winning ultra-premium Double Cross Vodka, today announced the appointment of D. Ross Arthurs as Chief Executive Officer. Arthurs succeeds Old Nassau Imports CEO and co-founder Dr. Malcolm M. Lloyd, who died in an automobile accident April 24, 2014.
Arthurs, who has held the position of Chief Financial Officer since joining the company in 2009, worked hand in hand with Lloyd and co-founder John Gellner to shape the direction and overall strategy of the business.
Prior to joining Old Nassau Imports, Arthurs was a partner at Princeton Investment Partners, Ltd., which specialized in working with emerging growth companies and crisis management at closely held businesses. He led an equity investment in the Double Cross Vodka brand and later served as a management consultant to Lloyd and Gellner, providing strategic counsel and leading the development of the company’s finance department, before joining the company full-time as CFO and a member of its Board of Directors.
“Malcolm was a talented entrepreneur and a charismatic leader who invested in the development of a strong team to build Double Cross,” said Ross Arthurs, Chief Executive Officer, Old Nassau Imports. “In carrying Malcolm’s vision forward, we will redouble our efforts and continue to grow the Double Cross brand in a way that will honor Malcolm’s vision and ensure our long-term success.”
“We are fortunate Malcolm had the foresight to develop a succession plan that ensured an experienced and capable leader was in place to take over leadership of the company if called upon,” said John Gellner, co-founder, Old Nassau Imports. “Ross Arthurs is that leader and we know he has the leadership, experience and passion necessary to carry the company and brand forward.”
Arthurs has more than 30 years of experience in business management, with a focus on strategic planning, finance, marketing, crisis management, restructuring and raising capital. In addition to his roles at Old Nassau Imports and Princeton Investment Partners, Arthurs’ past experience includes roles as Vice President and Partner at private investment firm TBM Industries, as President, Imperial Division of The Pullman Company, a refrigeration and air conditioning developer and marketer, and as Marketing Director and then Chief Financial Officer at a meter manufacturer division of The Signal Companies.
About Double Cross Vodka
Launched in 2008, Double Cross Vodka is the flagship product of Old Nassau Imports, a spirits innovation company started by entrepreneur Malcolm M. Lloyd, MD. Double Cross is small-batch distilled in the Tatra Mountains of Slovakia. Seven-times distilled and seven-times filtered, each batch is made with estate-grown winter wheat and pure mountain spring water drawn from aquifers located 200 feet below ground level. It received a rare 95-point rating from Wine Enthusiast and was the first vodka to ever win gold medals for both taste and bottle design at the World Spirits Competition.
Double Cross Vodka is available throughout North America including a number of national hospitality chains; David Burke, Scarpetta, Vic and Anthony’s, Mastro’s Steakhouse, The Palm, Morton’s The Steakhouse, The Disney properties, the Omni Hotels, Loews Hotels, Andra Balazs properties, Four Seasons, Waldorf Astoria and many more. In the U.S. it retails for $39.99 for a 750 ml bottle, and contains 40 percent alcohol by volume. There is also a 1.75 L bottle that retails for $69.99. Double Cross Vodka is the flagship brand of Old Nassau Imports (ONI). For more information on Double Cross Vodka, visit www.doublecrossvodka.com.

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