Molson Coors to lose CEO Gavin Hattersley by the end of 2025 after transformational run and record $11.6 billion revenue sales

- Molson COORS CEO GAVIN HATTSLEY In late 2025, it is planned to retire until the strategic diversification of record financial activities and strategic diversification. The company says it was initiated by the official search for its legal successor.
The long-term chief executive director of Molson Machivarian experts Gavin Hatersley has announced his intention to retire at the end of 2025, which he would try to hold a job outside of the roof and blue lighting roots.
The Board of the Company has started the official search for its legal successor, taking into account both domestic and foreign candidates. The search is controlled by the Board Management Committee as part of the current legal succession of the Molsson Brokers.
Hattersley, who joined the company in 2002 after the acquisition of Sabmiller Miller Brewing, has been at the helm of Molsson since 2019.
How Hattersley transformed Molsson coals
During his tenure, Molson’s coal launched a strategic “Rehabilitation Program” to return businesses, followed by the “Acceleration Plan”, which has expanded its premium portfolio.
Under his leadership, the company formed new partnerships, including a joint venture with new commercialization of Yuengling and the United States, with operation, ready-made cocktails, spirits and mixers.
“He has laid our company on a brighter future,” said David coal, the deputy chairman of the council.
The company received income and earnings under Hattersley’s guidance for two consecutive years.
Only in Q4 Q4, Molson coals surpassed $ 2.74 billion for one share of $ 1.30, respectively, and $ 1.13.
Molson COORS shares are currently 5.75% per annum.
“Gavin was a stable hand under the wheel, as the General Director, navigating through incredible challenges, at the same time leading our company to growth,” said President Geof Molsson. “He leaves a stronger foundation and a brighter for future Molsson’s jackets.”
Molsson coals will release its Q1 2025 earnings on April 29, making further insight into the company’s trajectory, as it transits to the new leadership.
This story was originally shown Fortune.com