Save this content for laterSave this content on your device for later, even while offline Sign in with FacebookSign in with your Facebook account Close

Molson Coors Brewing CEO to retire at year's end

By: Associated Press
July 25, 2014 Updated: July 25, 2014 at 8:09 am
0

DENVER — Molson Coors Brewing President and CEO Peter S. Swinburn will retire at the end of the year.

The brewing company said Friday that Swinburn will be succeeded in the posts by Mark R. Hunter, who currently serves as CEO and president of Molson Coors Europe.

The 61-year-old Swinburn has served as CEO since 2008. Hunter, 51, has served as CEO and president of the company's European business since January 2013.

Swinburn will continue to lead the company until he retires and will help with the transition process.

Swinburn's retirement from his posts, as well as from his role as a board member, is effective Dec. 31. Hunter will become a director.

Molson Coors Brewing Co., which is based in Denver and Montreal, has brands including Coors Light, Molson Canadian, Carling and Blue Moon. Its Class B shares shed $1.01, or 1.4 percent, to $72 in morning trading Friday.

Comment Policy
Register to the Colorado Springs Gazette
Incognito Mode Your browser is in Incognito mode

You vanished!

We welcome you to read all of our stories by signing into your account. If you don't have a subscription, please subscribe today for daily award winning journalism.

Register to the Colorado Springs Gazette
Register to the Colorado Springs Gazette
Subscribe to the Colorado Springs Gazette

It appears that you value local journalism. Thank you.

Subscribe today for unlimited digital access with 50% fewer ads for a faster browsing experience.

Already a Subscriber? LOGIN HERE

Subscribe to the Colorado Springs Gazette

It appears that you value local journalism. Thank you.

Subscribe today for unlimited digital access with 50% fewer ads for a faster browsing experience.

Subscribe to the Colorado Springs Gazette

Some news is free.
Exceptional journalism takes time, effort and your support.

Already a Subscriber? LOGIN HERE

articles remaining
×
Thank you for your interest in local journalism.
Gain unlimited access, 50% fewer ads and a faster browsing experience.