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| Courtesy of New Belgium Brewing Co |
Leadership team evolves at the nation’s fourth-largest craft brewery
Ft. Collins, Colo., July 17, 2017 – New Belgium Brewing
is pleased to announce the appointment of Steve Fechheimer as Chief
Executive Officer. Steve will oversee New Belgium’s executive team,
short-term strategy, industry leadership, and day-to-day operations.
Steve joins New Belgium from Beam Suntory, the world’s third-largest
premium spirits company.
Steve replaces Kim Jordan, New Belgium’s co-founder
and former CEO, who has been serving as interim CEO. Kim will continue
to serve as the Executive Chair of the Brewery’s Board of Directors and
will work with the Board to oversee long-term
strategy and vision for New Belgium.
“We are so excited to welcome Steve to New
Belgium,” said Jordan. “His expertise at strategy development and
execution in the high-end world of spirits, coupled with our 26 years of
solid brewing and branding, is a perfect setup for the
kind of dynamic future New Belgium is planning. Steve is smart and
driven while also being approachable, and we’re all excited about the perfect cultural and business fit. We took our time to find a terrific candidate and feel very
lucky that we’ve done just that.”
Steve most recently served as Chief Strategy
Officer at Beam Suntory. In that capacity, he led organic growth
initiatives such as route-to-market design and distributor
negotiations. He also led acquisitions, divestitures, the creation
of global partnerships and the overall strategic planning process. In
his nearly eight-year tenure at Beam Suntory, Steve has had wide ranging
experiences including senior roles in marketing, sales, finance and IT.
“I’m excited and humbled by the opportunity to lead
such a wonderful company,” said Fechheimer. “New Belgium, with its
incredible history and heritage, has an amazingly bright future, and I
look forward to working with Kim, the leadership
team and all of the nearly 800 coworkers to build upon our great
foundation.”
Prior to Beam Suntory, Steve served as Chief
Operating Officer of Sierra Club Green Home, and also as a consultant at
The Boston Consulting Group and Marakon Associates. Steve holds an MBA
from the University of Chicago and earned his undergraduate
degree from The Wharton School at the University of Pennsylvania.
Steve is moving to Fort Collins and will start in his new position as CEO in mid-August.
New Belgium is also excited to announce the
appointment of Joe Davis as Chief Operating Officer and Jenn Vervier as
interim Vice President of Marketing. Joe has been a member of New
Belgium’s leadership team since 2013 and, in addition
to being promoted to this new position, will continue to serve as the
company’s General Counsel. Jenn assumes oversight of Marketing
responsibilities at New Belgium after the recent departure of Ruairi
Twomey. Jenn has been a dynamic leader within the company
for more than 20 years and previously served as Director of Strategy
and Sustainability.
For more information about New Belgium Brewing, please visit
NewBelgium.com.
New Belgium Brewing, makers of Fat Tire Belgian Style Ale and a host of Belgian- inspired beers, is recognized as one of Outside Magazine’s Best Places to Work and one of the Wall Street Journal’s Best Small Businesses. The 100% employee-owned brewery is a Platinum-level Bicycle Friendly Business as designated by the League of American Bicyclists, and one of World Blu’s most democratic U.S. businesses, and a Certified B Corp. In addition to Fat Tire and the new Fat Tire Belgian White coming August 2017, New Belgium brews fourteen year-round beers; Citradelic Tangerine IPA, Citradelic Lime Ale, Voodoo Ranger IPA, Voodoo Ranger Imperial IPA, Voodoo Ranger 8 Hop Pale Ale, Dayblazer Easygoing Ale, Tartastic Lemon Ginger Ale, Sunshine Wheat, 1554 Black Ale, Bohemian Pilsner, Abbey Belgian Ale, Trippel and a gluten- reduced line, Glutiny Pale Ale and Glutiny Golden Ale. Learn more at www.newbelgium.com.
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