Molson Coors CEO Gavin Hattersley Announces Retirement: What’s Next for the Brewing Giant?

Important Highlights

• Molson Coors CEO Gavin Hattersley will retire by the close of 2025.
• The company has initiated a global search for a new CEO, considering both internal promotions and external candidates.
• Hattersley’s six-year leadership helped navigate unprecedented challenges and positioned Molson Coors for future success.

Molson Coors Beverage Company (TAP) revealed on Monday that CEO Gavin Hattersley plans to step down by the end of this year, concluding a significant six-year tenure at the helm of the renowned beer manufacturer.

As the company prepares to release its fiscal first-quarter results on May 8, it has launched an executive search to find Hattersley’s successor. The search committee is actively evaluating potential leaders both from within the organization and from outside the company.

Board Chair Geoff Molson praised Hattersley’s steady leadership, stating, "Gavin expertly guided Molson Coors through unprecedented challenges, strengthening our foundation and setting the stage for a promising future."

Following the announcement, Molson Coors shares experienced a slight uptick in early trading, though the stock has seen a roughly 9% decline over the past year.

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