Ambev S.A. Announces Executive Changes, Effective January 1, 2020
November 19, 2019 at 06:08 am EST
Share
Ambev S.A. announced that, effective January 1, 2020, Mr. Jean Jereissati Neto, its current Chief Sales and Marketing Officer, will assume the position of Chief Executive Officer of the Company, replacing Mr. Bernardo Pinto Paiva, who decided to leave the Company to pursue personal projects. As of referred date, Mr. Jean Jereissati Neto will accumulate the position of Chief Executive Officer with his current position of Chief Sales and Marketing Officer. Mr. Jean Jereissati Neto joined Ambev in 2000 and has held several positions, including Chief Executive Officer of the operations of Central America and Caribbean, at the Company, and Chief Executive Officer of China’s operations and Chief Executive Officer of Asia and Pacific North, at Anheuser-Busch InBev SA/NV.
Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces, distributes and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company's activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, El Salvador, Honduras, Nicaragua, Barbados and Panama; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile; and Canada, represented by Labatt's operations, which comprises sales in Canada and some exports to the U.S. market. The Company markets products under various brand names, such as Adriatica, Brahma, Leffe, Budweiser, Corona, PepsiCo and Lipton. It is a subsidiary of Interbrew International BV.