Why Did Geoff Bainbridge Quit Lark Distilling Board?

Mr. Geoff Bainbridge is the fourth-largest shareholder of Lark Distillery, with his stake said to be worth around $17 million.

Before working at Lark, Mr. Bainbridge co-founded and ran the Grill’d burger chain from 2004.

A multi-millionaire entrepreneur has resigned as CEO of an ASX-listed company after a sexually explicit video emerged in which he appears to smoke an ice pipe.

Geoff Bainbridge, one of the early investors in burger chain Grill’d, abruptly stepped down from his role at fast-growing alcohol company Lark Distilling on Tuesday after the video was obtained by The Australian.

Why Did Geoff Bainbridge Quit Lark Distilling Board?

Bainbridge said in a statement he had resigned after a video showing him engaging in “illicit drug use” had been used to blackmail him for years.

The whisky executive and co-founder of Australian burger chain Grill’d said the incident took place overseas before he was appointed chief executive of the distillery.