Chris Furnari

Chris Furnari

Editor, Brewbound

Chris Furnari is the editor of Brewbound and focuses exclusively on the beer business. In addition to overseeing daily content, Furnari also plans and executes Brewbound's business networking events -- Brewbound Live and Brew Talks. He is a regular at industry gatherings and has been featured in mainstream media publications such as The New York Times, The Boston Globe, CNBC, USA Today, Mashable and Wired Magazine, among others.

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Posts by Chris Furnari

Constellation Brands Acquires Texas’ Four Corners Brewing

Constellation Brands Acquires Texas’ Four Corners Brewing

Constellation Brands will expand its reach in the craft beer segment with the acquisition of Texas’ Four Corners Brewing, the New York-based beverage alcohol company announced today. Financial terms of the transaction were not disclosed.

Anheuser-Busch InBev Reorganizes High End Division

Anheuser-Busch InBev Reorganizes High End Division

In an effort to “better align” its internal structure with its “long-term business strategy,” Anheuser-Busch has split its “High End” craft and import division into two separate business units. Announced to employees and distributors yesterday, the restructuring will include the creation of a standalone craft beer division, led by Felipe Szpigel, whose title will change to “president of craft.”

MillerCoors CMO to Depart on July 27

MillerCoors CMO to Depart on July 27

MillerCoors chief marketing officer David Kroll will leave the company on July 27, CEO Gavin Hattersley wrote in a memo to distributors and employees on Monday. Kroll, who joined MillerCoors in mid-2012 as a vice president in charge of U.S. marketing and took over as CMO in July 2015, is leaving to “pursue other independent business interests,” Hattersley said.

As US Temperatures Rise, Hard Seltzer Sales Heat Up

As US Temperatures Rise, Hard Seltzer Sales Heat Up

As the summer season gets into full swing, a growing number of drinkers are purchasing hard seltzers, according to recent data from market research company Nielsen. Year-to-date dollar sales of hard seltzer products across the aggregate of measured off-premise channels totaled $257 million through June 16, compared to $85 million during the same period last year (and $8.5 million in 2016), said Danny Brager, the senior vice president of Nielsen’s beverage alcohol practice.

People Moves: Joe Menetre Tackles Tequila; Constellation Hires CTO

People Moves: Joe Menetre Tackles Tequila; Constellation Hires CTO

In this edition of People Moves: Joe Menetre, the former vice president of sales at New Belgium Brewing Company, has joined Fort Collins-based Suerte Tequila. Meanwhile, Constellation Brands has appointed former DHL executive Ricardo Bartra as its chief technology officer, and Sun King Brewing president Bob Whitt will step back from his day-to-day responsibilities at the end of July.

IRI Worldwide: Craft Beer Sales Up Narrowly Through Mid-Year

IRI Worldwide: Craft Beer Sales Up Narrowly Through Mid-Year

Midway through 2018, off-premise volume sales of craft beer across a variety of large-scale retail stores are up just 1.7 percent, according to market research firm IRI Worldwide. While craft beer dollar sales at grocery, club, drug, dollar, mass merchandiser and convenience stores were just shy of $2 billion through June 17, up 2.9 percent year-to-date, the most recent trends point to a slowdown as brewing companies head into an important summer season.

Thomas Creek Brewery Eyes Potential Sale

Thomas Creek Brewery Eyes Potential Sale

After 20 years of brewing beer in South Carolina, Thomas Creek Brewery is considering a possible sale of the business, co-owner Tom Davis told Brewbound. Thomas Creek, which brews its own line of beers as well as a variety of other labels for large and small companies alike, including Bacardi, has retained brokerage firm National Restaurant Properties to secure upwards of $8 million to expand the Greenville-based craft brewery.

Beavertown Brewery Sells Minority Stake to Heineken International

Beavertown Brewery Sells Minority Stake to Heineken International

London’s Beavertown Brewery today announced that Heineken International B.V. would acquire a minority stake in the company, confirming a month-long rumor that the craft beer company was on the hunt for an investment partner. Terms of the deal, including the amount and the specific size of the stake sold, were not disclosed.

Craft Brew Alliance CFO Steps Down as A-B Exec is Appointed to Board

Craft Brew Alliance CFO Steps Down as A-B Exec is Appointed to Board

Craft Brew Alliance (CBA) this week announced a pair of key leadership changes, including the departure of chief financial officer Joseph Vanderstelt and the appointment of João Paulo Falcão Vieira, vice president of Anheuser-Busch’s (A-B) North American Zone, to its board of directors.

Free State Craft Beer Offers Distribution, Sans Franchise Agreements

Free State Craft Beer Offers Distribution, Sans Franchise Agreements

Free State Craft Beer Delivery founder Dan Kennedy is the first to admit that he didn’t start a traditional beer wholesaling business. “I really started a trucking company,” he told Brewbound. Kennedy, who left a career as an events director at Goucher College in Towson, Maryland, to pursue entrepreneurship and a passion for beer, is the brains behind upstart Free State.

Anheuser-Busch, Constellation Brands and Heineken Release New Ad Campaigns Ahead of World Cup

Anheuser-Busch, Constellation Brands and Heineken Release New Ad Campaigns Ahead of World Cup

Three of the largest U.S. beer companies dropped a slate of new advertisements this week in an effort to capture the attention of soccer fans tuning into the 2018 World Cup. Anheuser-Busch InBev, the world’s largest brewer, rolled out three new medieval-themed commercials for Bud Light, one of which was created for the World Cup and produced in both English and Spanish.

Craft Brew Alliance to Convert New Hampshire Pub to Cisco-Branded Space

Craft Brew Alliance to Convert New Hampshire Pub to Cisco-Branded Space

Craft Brew Alliance (CBA) has taken a small step forward in expanding its nearly 3-year-long partnership with Massachusetts-based Cisco Brewers, today announcing plans to rebrand the Redhook pub in Portsmouth, New Hampshire, as an “island-inspired” destination. In a press release, CBA called the decision to convert the Redhook pub “an easy one,” pointing to the fact that the Nantucket-headquartered brewery’s flagship offerings, Whale’s Tale Pale Ale and Grey Lady, have been brewed and packaged at the Portsmouth facility since late 2015.

Video: Relive SAVOR 2018

Video: Relive SAVOR 2018

More than 100 brewers and state guild leaders traveled to Washington, D.C., last month to take part in the Brewers Association’s annual SAVOR craft beer and food pairing event in the shadow of the U.S. Capitol building. In addition to serving hundreds of beers alongside an assortment of cheeses, meats, and other fancy fare, industry attendees also spent time meeting with legislators to discuss a variety of issues impacting the beer industry.