Chairman of brewing company AB InBev stepping down

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Chairman of brewing company AB InBev stepping down GlobeBusiness

The logo of Anheuser-Busch InBev is pictured outside the brewer's headquarters in Leuven, Belgium, on Feb. 28, 2019.Anheuser-Busch InBev’s chairman Olivier Goudet said on Tuesday he was stepping down from the brewer’s board to devote more time to his job as CEO of investment firm JAB Holdings.

Goudet’s resignation was first reported by the Financial Times, which cited concerns among the brewer’s board about JAB’s acquisition activity. It quoted one source saying the board was concerned its beverage holdings had become too close to those of AB InBev, maker of Stella Artois and Budweiser beer.

“I can confirm that I have decided to step down from my position on the board of AB InBev in order to devote more time to my growing responsibilities as Managing Partner and CEO of JAB Holding Co,” Goudet said in a statement.Anheuser-Busch InBev did not immediately reply to a request for comment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines