WaverleyTBS, the on-trade drinks wholesaler, has announced the appointment of Jonathan Townsend, currently commercial director, as its new managing director. Townsend, who joined the business in summer 2009, has more than 23 years of drinks industry experience and previously held senior positions at Scottish & Newcastle, including managing director of John Smith’s and niche and speciality brands director. As part of changes to its management team, Waverley has also named Mark Riley as trading director with responsibility for independent free trade and national sales. Stuart Walker has been appointed as the company’s new finance director, while Tim Caseldine will continue in his role as category development director but take on the management of telesales as well. Townsend said: “The new management team at WaverleyTBS is focused on implementing the business change strategy that we announced last year.”