DENVER & MONTREAL--(BUSINESS WIRE)--
Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) today announced that
Sergey Yeskov, currently Chief Sales & Customer Excellence Officer,
Molson Coors Canada, has been promoted to the role of President and
Chief Executive Officer, Molson Coors International, effective January 1st
2018.
Mark Hunter, President and CEO of Molson Coors, stated, “As a commercial
leader with proven results and an innate understanding of what is
required to achieve our First Choice Ambition, Sergey is a valuable
addition to the MCBC Enterprise Leadership Team.”
Yeskov successfully led Molson Coors Croatia & Bosnia business to
sustained share and profit growth before transferring to Molson Coors
Canada, in 2016. Yeskov is succeeded as Chief Sales & Customer
Excellence Officer, Molson Coors Canada, by Andrew Stordeur, currently
VP Sales West Region, Molson Coors Canada.
About Molson Coors
With a story that starts in 1774, Molson Coors has spent centuries
defining brewing greatness. As one of the largest global brewers, Molson
Coors works to deliver extraordinary brands that delight the world’s
beer drinkers. From Coors Light, Miller Lite, Carling, Staropramen and
Sharp’s Doom Bar to Leinenkugel’s Summer Shandy, Blue Moon Belgian
White, Pilsner Urquell, Creemore Springs Premium Lager and Smith & Forge
Hard Cider, Molson Coors offers a beer for every beer lover. Molson
Coors operates through Molson Coors Canada, MillerCoors, Molson Coors
Europe and Molson Coors International. The company is not only committed
to brewing extraordinary beers, but also running a business focused on
respect for its employees, communities and drinkers, which means
corporate responsibility and accountability right from the start. It has
been listed on the Dow Jones Sustainability North American Index for the
past seven years. To learn more about Molson Coors Brewing Company,
visit molsoncoors.com, ourbeerprint.com or on Twitter through
@MolsonCoors.
Forward Looking Statement
This press release includes “forward-looking statements” within the
meaning of the U.S. federal securities laws. Generally, the words
“believe,” “expect,” “intend,” “anticipate,” “project,” “will,” and
similar expressions identify forward-looking statements, which generally
are not historic in nature. Although the Company believes that
the assumptions upon which its forward-looking statements are based are
reasonable, it can give no assurance that these assumptions will prove
to be correct. Important factors that could cause actual results to
differ materially from the Company’s historical experience, and present
projections and expectations are disclosed in the Company’s filings with
the Securities and Exchange Commission (“SEC”). These factors
include, among others, our ability to successfully integrate the
acquisition of MillerCoors; our ability to achieve expected tax
benefits, accretion and cost savings and synergies; impact of increased
competition resulting from further consolidation of brewers, competitive
pricing and product pressures; health of the beer industry and our
brands in our markets; economic conditions in our markets; additional
impairment charges; our ability to maintain manufacturer/distribution
agreements; changes in our supply chain system; availability or increase
in the cost of packaging materials; success of our joint ventures; risks
relating to operations in developing and emerging markets; changes in
legal and regulatory requirements, including the regulation of
distribution systems; fluctuations in foreign currency exchange rates;
increase in the cost of commodities used in the business; the impact of
climate change and the availability and quality of water; loss or
closure of a major brewery or other key facility; our ability to
implement our strategic initiatives, including executing and realizing
cost savings; our ability to successfully integrate newly acquired
businesses; pension plan and other post-retirement benefit costs;
failure to comply with debt covenants or deterioration in our credit
rating; our ability to maintain good labor relations; our ability to
maintain brand image, reputation and product quality; and other risks
discussed in our filings with the SEC, including our most recent Annual
Report on Form 10-K and our Quarterly Reports on Form 10-Q. All
forward-looking statements in this press release are expressly qualified
by such cautionary statements and by reference to the underlying
assumptions. You should not place undue reliance on forward-looking
statements, which speak only as of the date they are made. We do
not undertake to update forward-looking statements, whether as a result
of new information, future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171128005179/en/
Source: Molson Coors