Home » Business » Beer producer Stella Artois and American Budweiser are looking for a new boss after 16 years

Beer producer Stella Artois and American Budweiser are looking for a new boss after 16 years

The Brazilian Brito oversaw the growth of the brewing group to become a world leader. In 16 years, when he headed the company, a series of mergers took place, which transformed the group into its current form.

According to sources from the Financial Times familiar with the situation in the company, the group is looking for possible candidates outside the company. He is said to have hired Spencer Stuart to find a new leader.

The reason is that there is only one suitable candidate within AB InBev, the head of the North American division, Michel Doukeris. The group declined to comment.

AB InBev has recently been struggling with a high level of indebtedness, which stems from the acquisition of the SABMiller brewing group, which was until then the world number two.

In order for the merger to be sanctioned by the European antitrust authorities, part of the European breweries from the SAB Miller group had to be sold to the Japanese company Asahi. This also applied, for example, to Plzeňský Prazdroj or the Polish brand Tyskie.

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