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Former Brown-Forman President Bill Street Passes Away

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Brown-Forman regrettably announced today the death of former long-time
executive William M. Street after a courageous multi-year battle against
cancer.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180726005496/en/

William M. Street (Photo: Business Wire)

William M. Street (Photo: Business Wire)

Born September 23, 1938 in Louisville, KY to Daniel Street (former
president of Brown-Forman) and Frances (Woodruff) Street, Bill Street
graduated from Princeton University, earned his MBA from Harvard
University, and worked at Brown-Forman his entire career, rising from a
sales trainee when he joined the company in 1956 to president of the
corporation when he retired in 2003. He also served on Brown-Forman's
board of directors for 40 years before retiring from it in 2011.

"Bill Street will be remembered fondly by us all as an enormously
successful Brown-Forman president and board member, a luminary in the
global spirits industry, and a prominent Louisville civic leader," said
Brown-Forman Chief Executive Officer Paul Varga. "Most notably, however,
he will be remembered as a gracious and good man who enriched the lives
of so many people at our company and in our community. We will miss him
dearly, and our thoughts are very much with his wife Lindy and his
family on this sad occasion."

"Working closely at that time with Brown-Forman Corporation Chairman and
CEO Owsley Brown II, Bill and other executives developed and implemented
the company's globalization strategy in the mid-1990s, propelling
Brown-Forman to expand its international business to encompass more than
170 countries around the globe," stated Brown-Forman Chairman Garvin
Brown. "This strategy was the foundation that enabled the company's
outstanding period of growth and success over the last 20 years. Bill
was also a strong source of stability on the Brown-Forman Board of
Directors for over four decades and his counsel during that span is
directly reflected in the company's remarkable standing today," added
Brown.

Bill served on the boards of Papa John's International, Inc. and the
Filson Historical Society. He was director emeritus of the Metropolitan
YMCA of Greater Louisville and Louisville Collegiate School. He was
former chairman of Greater Louisville, Inc., the Governor's Scholars
Program, and the Kentucky Horse Racing Authority, a position he held
from 2004 to 2008. He was inducted into the Kentucky Distillers
Association Hall of Fame in 2015. He was also named to the Kenuckiana
Business Hall of Fame in 2012 by Junior Achievement; was a 2004
recipient of Greater Louisville Inc.'s Gold Cup award for outstanding
business and civic leadership; and received the Spirit of Louisville
award in 2003 from the YMCA of Greater Louisville.

Perhaps no greater testament to Bill's character and leadership came
from the late Owsley Brown II, who said when Bill retired from
Brown-Forman in 2003:

"Bill Street is a paragon of leadership for corporate America. He has
conducted himself with the utmost integrity as he constantly strived to
meet the needs of Brown-Forman's constituents – our shareholders, our
management team, our partners, the communities where we work, and, of
course, our employees."

Bill is survived by his wife Lindy Barber Street, daughter Woody Gardner
and stepchildren Liz Quail (Brian), Sallie Talbott, Jennie Talbott
(Jim), Kit Walden, Martha Lee Walden, and Bob Weldon (Maria); also
surviving are his grandchildren Ty, Warner, Amelia, Chloe, Sophia,
Isabelle, Robert, Maggie, Jackson, Hunter, and Tyler.

Visitation is scheduled on Friday, August 3, from 3:00 - 7:00 p.m. at
Louisville Collegiate School, 2427 Glenmary Ave, Louisville, KY 40204.
The funeral will be August 4, at 10:30 a.m. at St. Luke's Episcopal
Church in Anchorage, 1206 Maple Ln, Louisville, KY 40223.

In lieu of flowers, expressions of sympathy may be made to Louisville
Collegiate School, 2427
Glenmary Avenue, Louisville, KY 40204
; Filson Club, 1310
South Third Street, Louisville, KY 40208
 and Gilda's Club
Louisville, 633
Baxter Avenue, Louisville, KY 40204
.

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