Friday, July 3rd33.1°C
26926
22748

Molson Coors Brewing CEO Swinburn to retire at year's end; Hunter named as successor

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 per cent, to $72 in morning trading Friday.

The Canadian Press


Read more Business News

26873


Recent Trending




Today's Market
S&P TSX14682.39+44.40
S&P CDNX670.58-1.00
DJIA17730.11-27.80
Nasdaq5009.21-3.91
S&P 5002076.78-0.64
CDN Dollar0.7955-0.0018
Gold1167.10+4.10
Oil56.20-1.41
Lumber288.50+0.40
Natural Gas2.77-0.05

 
Okanagan Companies
Pacific Safety0.17+0.00
Knighthawk0.010.00
QHR Technologies Inc1.52-0.03
Cantex0.035-0.015
Anavex Life Sciences0.455+0.004
Metalex Ventures0.075+0.010
Russel Metals22.78-0.09
Copper Mountain Mining1.17+0.03
Colorado Resources0.09+0.03
ReliaBrand Inc0.006+0.000
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.165+0.005
Decisive Dividend Corporation3.00+0.50

 





FEATURED Property
14964041405 Apex Mtn. Rd.
$98,000
more details
image2image2
Click here to feature your property
Please wait... loading


Active listening

Has this ever happened to you? You had an initial meeting with a prospect. You asked that prospect what seemed to be all the right questions. You had what felt to you like a good conversation, and bas...


The price of money

Money is not a commodity. By definition, a commodity is a generic product that is bought and sold on price alone. Money, Canadian bills for example, look the same, smell somewhat the same, and are ava...


TFSA strategies

Photo: Thinkstock.comThe federal government has increased the annual contribution limit of Tax-Free Savings Accounts (TFSA) to $10,000. Going forward, the annual limit will no longer be indexed to inf...

_








Member of BC Press Council


26916