Molson Coors Beverage Company Announces Management Changes
Published on 11/03/2021 at 05:30
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Molson Coors Beverage Company announced the retirement of Simon Cox, president and CEO of Molson Coors European business unit. Sergey Yeskov, the company?s current managing director of Central and Eastern Europe (CEE), will transition into Cox?s role on January 1, 2022. A native of Ukraine, Yeskov has held senior leadership positions for Molson Coors throughout the world ? delivering impressive business results and building a strong reputation for his people-first approach. Prior to serving as managing director of CEE, he served as the president and CEO of Molson Coors International where he lived in the United States and oversaw operations in India, Africa, Latin America, Japan and many more markets throughout the world. He also served as chief sales and commercial officer in Molson Coors Canada. Prior to that, he led Molson Coors? businesses in Croatia and Bosnia. Cox retires after more than three decades in the beer industry. A master brewer by training, he worked for Molson Coors for 16 years where he led both supply chain and on trade sales teams, as well as the strategy function in the UK before going on to successfully run the UK business. He was subsequently selected to run Molson Coors Europe. During that time, he built an impressive record of success, including the acquisitions of Cobra, Sharp?s Brewery and Aspall Cyder.
Molson Coors Beverage Company specializes in the production and marketing of beers. The products are sold under the brands Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon Belgian White, Blue Moon LightSky, Vizzy, Coors Seltzer, Leinenkugel's Summer Shandy, Creemore Springs, Hop Valley, etc. The group also develops an under-license beers brewing and distribution activity under the brands Heineken, Dos Equis, Moretti, Sol, Strongbow cider, Peroni Nastro Azurro, Cobra, Corona Extra, Beck's, Bavaria, Lowenbrau, Redd's, etc.
At the end 2023, Molson Coors Beverage Company had 22 production sites worldwide.
Net sales are distributed geographically as follows: the United States (68.9%), the United Kingdom (11.2%), Canada (10.5%) and other (9.4%).