Printer Friendly

Coors begins its search for a new president, COO.

Adolph Coors Co. officials have begun a search for a new president of its Coors Brewing Co. division as a result of a corporate restructuring plan.

According to a report in the Wall Street Journal, William Coors, current president and chairman of Adolph Coors, will assume the position of Coors Brewing Co.'s chairman - a spot now held by Peter Coors. Although his title of president will be lost, Peter Coors will stay on as the brewery's chief executive officer and assume the mantle of vice chairman.

Coors officials said a search for a new brewery president and chief operating officer will take place both internally and externally. The candidate will oversee marketing, production, administration and technology. Additionally, Coors said the company will look to fill the new position of chief policy officer, who will see to environmental, legal and corporate matters.

Among the possible internal candidates, analysts reported, is Robert Rechholtz, Coors' executive vice president of marketing. Rechholtz was partly responsible for the brewery's success in the 1980s as well as its national expansion.

Earlier last week, four Coors brothers were named to key positions in AC Technologies, a holding company expected to be spun off by Adolph Coors for its non-beer businesses. The move left Peter Coors and his uncle, William Coors, as the only Coors family members directly involved in Coors Brewing Co.
COPYRIGHT 1992 Business Journals, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Adolph Coors Co.; chief operating officer
Publication:Modern Brewery Age
Date:Jun 15, 1992
Previous Article:Gambrinus reports sales up for Corona.
Next Article:Homebrewers conference underway.

Related Articles
Coors names new brewery president.
Veteran exec to head Coors Denver distributorship.
Pete Coors is named Chairman of Coors brewing unit; Kiely ascends to CEO post.
Pete Coors plans a run for U.S. Senate.
Pete Coors confirms entry into Senate race.
Coors seeks successor for Leo Kiely.
Ron Askew, Coors mktg. chief, will leave brewer.
Swinburn to be new CEO of Coors UK unit.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters