---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-034426"
form_type: "8-K"
ticker: "TAP"
cik: "0000024545"
company_name: "MOLSON COORS BEVERAGE CO"
filed_at: "2025-04-14T23:59:59+00:00"
generated_at: "2026-05-23T15:47:22.999265+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-034426
- form_type: 8-K
- ticker: TAP
- cik: 0000024545
- company_name: MOLSON COORS BEVERAGE CO
- filed_at: 2025-04-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/24545/000110465925034426/0001104659-25-034426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/24545/000110465925034426/tm2512167d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-034426
- JSON: https://secwatch.observer/filing/0001104659-25-034426.json
- Plain text: https://secwatch.observer/filing/0001104659-25-034426.txt

## Key facts
- Executive change
  Gavin D.K. Hattersley departed as President and Chief Executive Officer at MOLSON COORS BEVERAGE CO.
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/24545/000110465925034426/0001104659-25-034426-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.