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Molson Coors CEO Hattersley announces plans to retire by end of 2025
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Tuesday, 29 April, 2025, 08 : 00 AM [IST]
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Colorado, USA & Montreal, Canada
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Molson Coors Beverage Company announced that after 28 years in the beer industry, including over six years as president and CEO, Gavin Hattersley has informed the company and the board of directors that he intends to retire from the company and as a member of the board, in each case, by December 31, 2025.
In accordance with the company’s established governance policies, the board is launching a search led by the Governance Committee to identify and appoint the next CEO. The committee will benefit from its existing CEO-succession process and will consider internal and external candidates. A nationally recognised search firm will assist the committee through the process.
Geoff Molson, board chair, said, “Gavin has been a steady hand at the wheel as CEO, navigating through incredible challenges that no one could ever have predicted while guiding our company to growth, strengthening our foundation, and setting us up for an even brighter future to come. Our business stands on the shoulders of the many generations of the Molson and Coors families who have come before us. Gavin has lived up to their rich legacy, and he will retire having left an indelible mark on our business and the global beer industry. We are incredibly appreciative of his leadership.”
David Coors, board vice chair, said, “Gavin has always been a leader you can count on to operate with integrity, share his views openly and honestly, bring teams together, and do what’s best for the business. Whether it’s our people or our partners, Gavin’s leadership has helped everyone around our business be their best, and he’s put our Company on a path to an even brighter future. I want to thank Gavin for his many years of service, his leadership and his passion for our collective success.”
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