Molson Coors announces departure of President Peter Marino; appoints Michelle St. Jacques as CCO

MOLSON COORS BEVERAGE CO

Peter Marino, President Emerging Growth, departs effective April 30, 2023; severance agreement expected.
Michelle St. Jacques, formerly CMO, appointed Chief Commercial Officer effective March 1, 2023.
St. Jacques receives $710,000 base salary, 90% MCIP bonus target, and $1.5M annual LTIP target.
St. Jacques eligible for deferred compensation, executive physical, supplemental life insurance, and $7,500/yr financial planning reimbursement.
No family relationships or related transactions between St. Jacques and any director or executive officer.

item 5.02 item 9.01

Executive movements

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Role change

Michelle St. Jacques

Chief Commercial Officer

TAP · MOLSON COORS BEVERAGE CO

Effective: 2023-03-01
Filed: February 28, 2023, 6:59 PM ET

Further, effective March 1, 2023, Michelle St. Jacques, the Company’s Chief Marketing Officer, will be appointed as the Company’s Chief Commercial Officer.

Departed

Peter Marino

President, Emerging Growth

TAP · MOLSON COORS BEVERAGE CO

Effective: 2023-04-30
Filed: February 28, 2023, 6:59 PM ET

On February 28, 2023, Molson Coors Beverage Company (the “Company”) announced that effective April 30, 2023, Peter Marino, the Company’s President, Emerging Growth will depart from the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michelle St. Jacques was appointed as Chief Commercial Officer at MOLSON COORS BEVERAGE CO.

Action: appointed
Role: Chief Commercial Officer

Exact text from the filing

Further, effective March 1, 2023, Michelle St. Jacques, the Company’s Chief Marketing Officer, will be appointed as the Company’s Chief Commercial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Marino departed as President, Emerging Growth at MOLSON COORS BEVERAGE CO.

Action: depart
Role: President, Emerging Growth

Exact text from the filing

On February 28, 2023, Molson Coors Beverage Company (the “Company”) announced that effective April 30, 2023, Peter Marino, the Company’s President, Emerging Growth will depart from the Company.

View on SEC.gov

MOLSON COORS BEVERAGE CO filing history →

Source: SEC EDGAR

accession 0001104659-23-026432

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