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Molson Coors Sales Chief Kevin Doyle to Retire, Brian Feiro to Replace Him

Molson Coors Sales Chief Kevin Doyle to Retire, Brian Feiro to Replace Him

Molson Coors U.S. president of sales and distributor operations Kevin Doyle will retire on December 31 after nearly 40 years with the company. Chief customer officer Brian Feiro will backfill Doyle’s position after training with him for the next several months, Molson Coors announced today.

Spirits-Based Seltzers Reach 9.1% Share of Segment; Truly Sheds Most Share; White Claw Stabilizes; Topo Chico Largest Share Gainer

Spirits-Based Seltzers Reach 9.1% Share of Segment; Truly Sheds Most Share; White Claw Stabilizes; Topo Chico Largest Share Gainer

For the 52 weeks ending July 16, the combined malt- and spirits-based hard seltzer segment reached $4.263 billion, according to Jefferies equity research managing director Kevin Grundy. In the last four weeks, spirits-based seltzer’s share of the business has reached 9.1%. Malt- and sugar-based hard seltzers account for 90.9% of the segment – and their sales are declining.

Big Beer ‘Corntroversy’ Case Dismissed in A-B’s Favor

Big Beer ‘Corntroversy’ Case Dismissed in A-B’s Favor

A judge has ruled in favor of Anheuser-Busch InBev and dismissed the deceptive advertising lawsuit Molson Coors (then-MillerCoors) filed against the world’s largest beer manufacturer over its 2019 Super Bowl campaign.

Big Beer Craft Volume Increases +2%, to 8.6M Barrels in 2021; New Belgium Cross 1M Barrel Mark, A-B Craft 2.7M Barrels

Big Beer Craft Volume Increases +2%, to 8.6M Barrels in 2021; New Belgium Cross 1M Barrel Mark, A-B Craft 2.7M Barrels

Large regional breweries that fall outside of the BA’s definition of a craft brewer collectively produced more than 8.64 million barrels of beer in 2021, a +2% increase on a comparable basis, according to data provided by the trade organization. The BA excludes companies that are at least 25% owned by a larger brewing company from its craft brewery data set and sets a production ceiling for BA-defined craft brewers at 6 million barrels.

Sierra Nevada Boosted by Little Thing Family; Athletic IPO Within Next 2 Years

Sierra Nevada Boosted by Little Thing Family; Athletic IPO Within Next 2 Years

Sierra Nevada VP of sales Ellie Preslar and chief commercial officer Joe Whitney discussed the company’s growth via its Little Things family, media budget increases for Pale Ale, entering the non-alc segment with Hop Splash sparkling water and other innovations. After hinting at the possibility of taking non-alcoholic craft beer maker Athletic Brewing public during Brewbound Live last year, co-founder and CEO Bill Shufelt said an initial public offering (IPO) could materialize in the next 12-18 months.