(by Shanken News Daily) Edwin H. Nielsen, the great-grandson of Bacardi founder Don Facundo Bacardí Massó, passed away July 24 in Spain at the age of 93. Nielsen became vice president of Bacardi Imports, U.S. in 1963 and was later promoted to president. He’s credited with expanding the company into international markets and helping Bacardi become the largest-selling rum in the world. Nielsen became a director when Bacardi Ltd. was formed from five operating companies in 1992, and he retired from Bacardi in 2001.
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