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Tenth and Blake Leader Paul Verdu Exits Molson Coors

Tenth and Blake Leader Paul Verdu Exits Molson Coors

Molson Coors’ craft beer division leader, Paul Verdu, has exited the company, president of emerging growth Pete Marino announced in a company email yesterday. Verdu’s last day at Molson Coors was Monday.

Keystone Light Packaging Refresh ‘Underway,’ Molson Coors Exec Tells Distributors

Keystone Light Packaging Refresh ‘Underway,’ Molson Coors Exec Tells Distributors

Molson Coors is in the process of a packaging refresh for Keystone Light, chief legal officer Anne-Marie D’Angelo shared with the company’s distributor partners in a memo Tuesday afternoon. The company shared plans for the packaging refresh just days after a jury awarded Stone Brewing Company $56 million in its long-simmering trademark infringement lawsuit against Molson Coors.

People Moves: Boston Beer Supply Chain Leader Quincy Troupe to Depart April 1; Chris Hudson Joins North Coast; Atwater Appoints New President

People Moves: Boston Beer Supply Chain Leader Quincy Troupe to Depart April 1; Chris Hudson Joins North Coast; Atwater Appoints New President

Boston Beer Company senior VP of supply chain Quincy B. Troupe will exit the company on April 1, according to a separation agreement filed with the U.S. Securities and Exchange Commission. Fort Bragg, California-headquartered North Coast Brewing Co. has named Chris Hudson its national key accounts director. Detroit, Michigan-based, Molson Coors-owned Atwater Brewery has appointed Katy McBrady as its president, effective April 4, following the departure of former president and owner Mark Rieth in December.

Molson Coors Full-Year Shipments Decline -0.5%, Net Sales Increase +6.5% as Company Focuses on Premiumization

Molson Coors Full-Year Shipments Decline -0.5%, Net Sales Increase +6.5% as Company Focuses on Premiumization

Molson Coors’ net sales increased +6.5% for the full 2021 fiscal year and +14.2% in the fourth quarter, the company reported today. The company posted net sales of $10.279 billion for the year that ended December 31. Worldwide, shipments (sales to wholesalers) declined -0.5% and brand volume (similar to depletions, which are sales to retailers) declined -1.7% over the course of the year.

Beer Summit Takeaways: A-B CEO Previews Bud Light Next; Digital Marketing Opportunities on Facebook, Instagram; Lots of Seltzer Talk

Beer Summit Takeaways: A-B CEO Previews Bud Light Next; Digital Marketing Opportunities on Facebook, Instagram; Lots of Seltzer Talk

Anheuser-Busch InBev North American zone CEO Brendan Whitworth shared updates from across the company’s portfolio, distribution network and e-commerce platforms. Nearly a year after Diageo’s acquisition of Far West Spirits LLC, the maker of Lone River Ranch Water, Diageo Beer Company president Nuno Teles and Lone River founder and CEO Katie Beal Brown discussed the brand’s growth under the spirits giant’s guidance.

Molson Coors, Coca-Cola Announce Simply Spiked As Next Release

Molson Coors, Coca-Cola Announce Simply Spiked As Next Release

Coca-Cola’s interest in beverage alcohol continues to expand with today’s announcement of Simply Spiked Lemonade, a new line of fermented sugar cane-based alcoholic drinks developed through the soda giant’s partnership with Molson Coors Beverage Company.

After Pace-Setting First Year, ZOA Aims Higher

After Pace-Setting First Year, ZOA Aims Higher

For the past half-decade or so, Dwayne “The Rock” Johnson has broken box office and social media records on his way to becoming the “Most Likable Person in the World.” It turns out he can make a pretty good energy drink, too. First announced last January and launched in March, ZOA has broadly managed to… Read more »

Beer Marketer’s Insights’ 50 Years in Beer: Volume Flattens, Suppliers Grow, Brands Shrink

Beer Marketer’s Insights’ 50 Years in Beer: Volume Flattens, Suppliers Grow, Brands Shrink

After decades of steady increases, the U.S. beer industry’s volume has plateaued for the last 10 years, Beer Marketer’s Insights senior editor Christopher Shepard reported during the trade publication’s seminar last week. “In the 1970s, U.S. beer volume grew by almost 50% — 56 million barrels,” he said. “That’s almost two-thirds of the growth between 1970 and 2020, [and it] happened in 10 years right at the beginning.”