Boulevard CEO Steps Down

Mike Magoulas and Boulevard founder John McDonald

Mike Magoulas, the former MillerCoors executive who was appointed Boulevard Brewing’s CEO in September 2012, has resigned after less than 15 months with the company.

Magoulas’ last official day with Boulevard was December 31, the same day Duvel Moortgat closed on its acquisition of the Kansas City-based company.

Julie Weeks, a spokeswoman for Boulevard, told Brewbound that Magoulas left the company to return to Joplin, Mo., where he and his wife own a packaging business. Magoulas will continue to serve as an advisor for Boulevard as well as other local craft breweries, Weeks said.

Duvel Moortgat, which purchased Boulevard for an estimated $100 million last October, is currently in the process of redefining the roles and responsibilities of its executive leadership. When asked if any positions will be eliminated, Weeks said “absolutely not.”

“There will not be any downsizing,” she told Brewbound. “We are still trying to find all of our synergies and that includes everyone keeping their current position or moving slightly within the sales organization.”

Boulevard has yet to name a new CEO. In the interim, Duvel executives Daniel Krug (COO) and Koen Van Der Taelen (Strategy & Integration) will be “spending more time in Kansas City,” Week said.

Simon Thorpe, the current president and CEO of Duvel USA will continue to “oversee the new sales organization,” but his official title could change this year, Weeks said.

Boulevard CFO Jeff Krum will reportedly be named the CFO of Duvel USA, but Weeks told Brewbound that he has not officially been appointed yet.

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