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Japanese brewing giant Asahi has enlisted Molson Coors vet Paul Verdu to serve as managing director of Asahi Beer USA and Octopi Brewing in the U.S, the company announced today.
The American Cider Association (ACA) has named its next CEO. Monica Cohen, a former executive for Dairy Farmers of America (DFA), has been appointed CEO of the hard cider trade association, taking over less than a month ahead of the ACA’s largest annual industry event, CiderCon (February 4-7).
The Brewers Association (BA) has named Bart Watson as the trade group’s next president and CEO. Watson will succeed Bob Pease, who is retiring from the organization, effective January 3. Watson’s first day in the new role will be January 6.
In the face of declining on- and off-premise retail sales, California’s Hangar 24 Brewing terminated about half of its production staff last Friday, brewery founder Ben Cook confirmed to Brewbound.
In this week’s edition of Last Call: Utah enacts new drunk driving limit; cannabis bars are coming to West Hollywood; Ray Faust lands at Crook & Marker; Buffalo Wild Wings unveils new store designs; Anheuser-Busch responds to Iowa State fans’ thirst for Busch Light; and more industry news.
Oregon’s Deschutes Brewery laid off dozens of employees last week, citing missed growth projections. Speaking to Brewbound, Deschutes Brewery president and CEO Michael LaLonde said the company cut about seven percent of its workforce on Thursday. Affected positions came from sales, marketing and operations.
In this week’s edition of Last Call: Craft Beer Guild appeals a $2.6 million ‘pay-to-play’ fine; 4,000 craft brewers have adopted the Brewers Association’s independent seal; the TTB fines a Miami A-B wholesaler $1.5 million; and more beer industry news.
Arcadia Ales is in negotiations with a ‘strategic partner’ to avert foreclosure; Schlafly CEO James Pendegraft steps down; Deschutes delays Roanoke brewery project; Benchmark Brewing seeks a buyer; and Great Waters shutters.
In the latest edition of People Moves: Ex-New Belgium brewmaster Peter Bouckaert joins Melvin Brewing’s board of directors; Oregon Brewers Guild executive director Brian Butenschoen exits; MillerCoors promotes Brad Schwartz to chief strategy officer; and more job changes.
Stone Brewing vice president Todd Karnig has departed the San Diego-based craft brewery, Brewbound has learned. Karnig is the second key executive to leave Stone Brewing in the last year, and the third since former POM Wonderful president Dominic Engels was hired as the company’s new CEO. Karnig’s exit also comes about a month after Stone hired former Monster Energy executive Dan Lamb as its chief commercial officer.
The founders of Owl’s Brew are gearing up for 2019 as they plan to relaunch the brand with a new identity, and raise as much as $10 million as part of a Series B round of funding. The company also recently hired former New Belgium CEO Christine Perich.
In the latest edition of People Moves: Heineken USA sales chief set to depart in 2019; Melvin Brewing sales director trades beer for cannabis; Matt Brewing Company hires a new brewmaster; and O’Connor Distributing names a new president.
Rob Sands will step down as CEO of Constellation Brands on March 1, 2019, the New York-based alcohol beverage company announced today. Assuming the role from Sands will be Bill Newlands, who joined Constellation as chief growth officer in 2015 and took over as president from Sands in February.
In the latest edition of People Moves: Anchor appoints a new VP of sales; Constellation Brands promotes from within; Fair State Brewing nabs an ex-Surly brewer; MillerCoors selects new VP of the Coors brand family; and the NBWA hires a new VP of communications.
Citing a “challenging” craft beer market, California’s Lagunitas Brewing said Tuesday that it would slash 12 percent of its workforce in a move that will impact at least 100 employees. The announcement comes about 17 months after Heineken International completed its purchase of the Petaluma-headquartered craft brewery.
In this week’s edition of Last Call: The Nevada Attorney General investigates MillerCoors; Stone seeks an injunction in its Keystone case; Almanac’s co-founder departs the company; and more news from the week.
On the same day that it announced a $4 billion investment into Canada’s Canopy Growth Corporation, Constellation Brands also laid off dozens of employees tasked with selling the company’s craft and specialty beers throughout the U.S. Constellation — whose craft portfolio includes Ballast Point in California, Funky Buddha in Florida and Four Corners Brewery in Texas as well as Mexican import brands Corona, Modelo and Pacifico — terminated around 60 of its 100 or so craft and specialty reps, a source familiar with the situation told Brewbound.
