The Globe and Mail reports in its Tuesday edition that Heineken chief executive officer Dolf van den Brink resigned unexpectedly on Monday after six years, just months after outlining a new strategy, as the industry struggles to boost beer sales.
A Reuters dispatch to The Globe reports that Mr. van den Brink became the CEO of the world's No. 2 beer maker in June 2020, during the COVID-19 pandemic, and has since faced significant challenges, including cost inflation and declining sales that impacted margins and shares.
The board announced the surprise exit and will search for a successor to lead the maker of Heineken, Tiger and Amstel.
Mr. van den Brink, who will step down on May 31, has agreed to remain available as an adviser for eight months from June.
He and the chairman of the supervisory board, Peter Wennink, said now was the right moment for Heineken to appoint new leadership. The company set a new strategy covering the years until 2030 in October.
Heineken has "reached a stage where a transition in leadership will best serve the company in further executing its long-term ambitions," Mr. van den Brink said in the statement, adding he remains fully focused on executing that strategy until his departure.
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