AB InBev reportedly plans to replace longtime CEO Carlos Brito


Carlos Brito

Anjali Sundaram | CNBC

Budweiser maker Anheuser-Busch InBev has began a process to replace Chief Executive Carlos Brito, the Financial Times reported on Monday.

The brewing company is considering external candidates to replace Brito who has been at the helm for 16 years, the FT report said, citing people with knowledge of the matter.

AB InBev is working with recruitment firm Spencer Stuart on the search, the report said.

AB InBev declined to comment on the FT report.

Read the full report here. 



Source link

Discover

Sponsor

Latest

Okta CEO defends $6.5 billion deal for rival Auth0 after shares fall

Okta CEO Todd McKinnon on Friday defended his company's move to acquire Auth0, calling the rival company a complementary asset to its identity...

Amazon’s ad business will gain most share this year: analyst survey

Jeff Bezos, CEO, AmazonMark Ralston | AFP | Getty ImagesAmazon will be the leading share gainer among the major digital ads businesses in...

The Dakotas have highest number of new virus cases in the country

Coronavirus infections in the Dakotas are growing faster than anywhere else in the nation, fueling impassioned debates over masks and personal freedom after...

How market trades after a presidential election, according to history

History said that the market would be volatile leading into the presidential election. History was right. The Dow Jones Industrial Average closed out...

Covid bill changes tax rules midstream. How to file an amended return

courtneyk | E+ | Getty ImagesThe $1.9 trillion stimulus package that Congress aims to send to President Biden this week may make tax...