AB InBevThe announcement that Carlos Brito, the CEO of Anheuser-Busch InBev (AB InBev), will be stepping down from the company on July 1 after 32 years, including the last 15 years at the helm, was backdropped by a robust set of Q1 numbers. Brito highlighted total volume numbers up 13.3% and total revenue numbers up 17.2% on his final earnings call. That has resulted in their premium segment accounting for 30% of their total revenue, up from 24% in 2017. AB InBev saw strong growth from its three leading premium brands Budweiser, Stella Artois, and ... [+] Corona. As a long-term AB InBev employee, he brings the lessons he learned running their Chinese and American markets to the helm.

Source: Forbes May 06, 2021 16:27 UTC