Molson Coors CEO Gavin Hattersley to retire by end of 2025; board launches CEO search

MOLSON COORS BEVERAGE CO

Hattersley, President and CEO since Sept 2019, will retire by Dec 31, 2025; no disagreement with company.
Board Governance Committee to lead CEO search; will consider internal and external candidates with a search firm.
Retention RSUs granted: CFO Tracey Joubert $4M; CCO Michelle St. Jacques $750K; CL&GAO Natalie Maciolek $627K.
Under Hattersley, 2024 net sales reached $11.6B, underlying income $1.6B; net debt reduced ~40% since 2019.
Retention awards vest over 1-2 years subject to continued employment; accelerate for involuntary termination without cause.

item 5.02 item 7.01 item 9.01

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Departed

Gavin D.K. Hattersley

President and Chief Executive Officer

TAP · MOLSON COORS BEVERAGE CO

Effective: 2025-12-31
Filed: April 14, 2025, 7:59 PM ET

On April 12, 2025, Gavin D.K. Hattersley, President and Chief Executive Officer of Molson Coors Beverage Company (the “Company”) and a member of the Company’s Board of Directors (the “Board”), informed the Company and the Board that he intends to retire from the Company and as a member of the Board, in each case, by December 31, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Gavin D.K. Hattersley departed as President and Chief Executive Officer at MOLSON COORS BEVERAGE CO.

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

On April 12, 2025, Gavin D.K. Hattersley, President and Chief Executive Officer of Molson Coors Beverage Company (the “Company”) and a member of the Company’s Board of Directors (the “Board”), informed the Company and the Board that he intends to retire from the Company and as a member of the Board, in each case, by December 31, 2025.

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MOLSON COORS BEVERAGE CO filing history →

Source: SEC EDGAR

accession 0001104659-25-034426

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