Boston Beer names new COO, promotes supply chain head; details compensation

BOSTON BEER CO INC

Phil Hodges named COO, reporting to CEO Jim Koch; Phil Savastano promoted to Chief Supply Chain Officer.
Hodges receives $800k base salary, bonus target 100% of base; option grant ~$9M, RSU grant ~$3M.
Hodges has 30+ years CPG experience including Carlsberg, SABMiller, Kraft, Mondelez.
Savastano joined Boston Beer in 2024, previously with Tesla and Molson Coors.
Changes effective immediately; focus on margin enhancement and operational execution.

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