Stock Spirits Group, the fast-growing Central European spirits producer, has appointed Chris Heath as its new CEO after the departure of Neil Everitt.

Everitt, who had been CEO since the company was acquired by Oaktree Capital in 2007, has returned to an M&A role at Oaktree. Heath, currently CFO, takes over as chief executive immediately.

Heath joined Stock Spirits in 2007 from Gondola Group, owner of Ask, Zizzi and Pizza Express, where he was commercial director. "We have some great brands and a great team and I am confident we will continue to build on our success to date," he said.