For just the third time in the 35-year history of the Boston Beer Company, a woman has been appointed to the brewery’s board of directors. The country’s second largest craft beer producer, as ranked by trade group the Brewers Association, today announced that Uber, Inc. regional general manager Meghan Joyce has been named to the company’s board.
Boston Beer Company officially returned to growth in 2018. The nation’s second largest craft beer company — which makes Samuel Adams, Angry Orchard, Twisted Tea, and Truly Hard Seltzer, among other offerings — posted double-digit growth in depletions, shipments and sales last year, according to an earnings report released Wednesday.
Boston Beer Company chief marketing officer Jon Potter will depart the country’s second-largest craft brewery at the end of the month, the company disclosed in an SEC filing issued yesterday. Potter, who joined the beer, cider and flavored malt beverage producer in August 2016, is credited with engineering the company’s “Fill Your Glass” advertising campaign that debuted during last year’s Major League Baseball World Series.
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.
In a move that underscores just how quickly the craft beer segment has evolved, Shmaltz Brewing Company today announced plans to vacate an upstate New York brewing facility that it built just five years ago. The company — which launched in 1996 as a contract-brewed, Jewish-themed craft brand – has sold its brewery equipment assets to Queens-based Singlecut Beersmiths for an undisclosed sum.
Newly Appointed Boston Beer Company CEO Dave Burwick will earn a base salary of $750,000 and take home a hefty $1.6 million signing bonus, according to an SEC filing. Burwick, already a member of Boston Beer’s board of directors since 2005, was announced as the company’s new CEO on Wednesday. He is expected to replace outgoing CEO Martin Roper, who has been with the company for more than 17 years, on April 2, according to the filing.
Earlier this month, online alcohol marketplace Drizly promised to share regular insights gleaned from thousands of daily transactions that occur on the company’s e-commerce platform. Drizly’s first significant finding, and one that should be of interest to U.S. craft brewery owners, is that millennial consumers — at least those using its booze-to-your-door delivery app – have been steadily shifting their dollars toward macro brews and corporately owned craft brands since 2015.
After revenue and depletions declined 14 percent during the first quarter of 2017, Boston Beer Company rebounded in Q2, today reporting revenue growth of 1 percent and depletion decreases of just 3 percent versus the same period a year ago. In a press release, the company – which makes Samuel Adams beer, Angry Orchard Hard Cider, Twisted Tea, Truly Spiked & Sparkling seltzers and other offerings — said it sold nearly 1.1 million barrels of product during the 13-week period ending July 1, 2017. The company sold about the same amount of liquid during the second quarter of 2016.
Muller LCS, a leading manufacturer of load containment equipment and material and part of the Signode Industrial Group will display a reliable and economical solution for the craft brew market with its new Octopus “1717C”automatic rotary ring stretch wrapper at booth #5808.
Denver’s River North Art District is about to get a little more crowded. On Monday, Fort Collins, Colo.-headquartered Odell Brewing announced plans to open a new brewery and taproom in that burgeoning neighborhood later this year.
We’re pleased to announce that every speaker presentation and panel discussion from Brewbound Session Winter 2014 is now available for viewing on BevNET Food and Beverage University (FBU). This year’s Brewbound Session video playback includes over five hours of insight into the marketing, branding and distribution of craft beer.
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Last week, Brewbound Session Boston 2014 turned Space 57 at the Revere Hotel into a hub of networking and education for over 170 brewers, distributors, retailers and investors. Attendees who joined Brewbound’s fifth full-day business conference were treated to range of informative panel discussions and presentations on sales and distribution, marketing, investment, brand building, and business development strategies.
Staying local — that’s the theme for this week’s Distribution Roundup. The Statesman Journal of Salem, Ore. published a story this week about how small, undercapitalized Willamette Valley-based craft beer and cider companies are putting an added emphasis on local distribution.
