Following the acquisition by Majestic Wine Group, the Enotria & Coe chief executive is set to retire in September, though he will remain as an advisor until early 2026 to aid with the Christmas period.
Julian Momen will step down from his role on 30 September and be replaced by Majestic Wine Group executive chairman John Colley on an interim basis.
Majestic COO Elizabeth Newman will also take on additional responsibility as interim MD of Majestic Retail.
Majestic Wine Group said that it had commenced the search for Momen’s replacement and anticipates making an appointment in the new year.
Momen joined the distributor as COO in 2023 after long periods at both Diageo and Carlsberg. He was promoted to CEO later the same year.
During a difficult time for Enotria & Coe, he maintained and rebuilt a series of crucial relationships with suppliers and played a vital role in the Majestic acquisition.
On leaving the business, Momen said: “It has been an honour and a privilege to serve as the CEO of Enotria & Coe for the past two years. This is an incredible business with a brilliant team, an unparalleled network of world-class agency partners and a premium customer base — all of which are the envy of wine and spirits distributors across the UK.
“I am delighted that we have found a new home as part of the Majestic Wine Group and, whilst I am super excited about what the future holds for Enotria & Coe, now is the right time for me to hand over the reins to a new CEO to drive the next phase of our growth plan.”
Colley added: “It has been a pleasure to work so closely with Julian throughout the last few months and I know he is as excited as I am about the growth opportunities Enotria & Coe has as part of the Majestic Wine Group. Whilst I am disappointed that Julian will not be with us to deliver on some of those opportunities, I fully respect his decision to hand over the reins to a new CEO to lead Enotria & Coe through this new phase in its history. Julian leaves with the best wishes of everyone at Majestic Wine Group for a long and happy retirement.”
Image: Julian Momen, Linkedin
