Why Anheuser-Busch InBev Is Reportedly Seeking a New CEO
Beverage giant Anheuser-Busch InBev (NYSE: BUD), brewer of Budweiser beer, among other brands, is on a mission to find new top leadership, as reported on Tuesday by The Wall Street Journal and other news outlets. Current CEO Carlos Brito will step down in 2021, according to sources, unless the lack of a suitable replacement forces him to occupy the post longer.
It's unclear whether the beverage company will choose an outsider to replace Brito following his 16 years in the office. The Financial Times suggests there is only one candidate, insider Michel Doukeris. According to CNBC, Bernstein Research said that while Doukeris is the most likely candidate by far, an outsider could also offer advantages and potentially be selected.
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Source Fool.com