Source-grounded facts extracted from BOSTON BEER CO INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Matthew D. Murphy was appointed as interim Treasurer and Chief Financial Officer at BOSTON BEER CO INC.
“On August 20, 2026, the Company’s Board of Directors approved the appointment of Matthew D. Murphy, age 57, to serve as interim Treasurer and Chief Financial Officer, effective September 15, 2026, and until such time as the Company appoints Mr. Reynoso’s permanent successor.”
Diego Reynoso departed as Treasurer and Chief Financial Officer at BOSTON BEER CO INC.
“On August 17, 2026, Diego Reynoso informed the Company that he was stepping down as the Company’s Treasurer and Chief Financial Officer.”
BOSTON BEER CO INC reported first quarter ended March 28, 2026 results: revenue $433.9 million, EPS GAAP diluted loss per share of $13.88, which includes non-recurring litigation expenses of $15.52 per share.
“The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the first quarter ended March 28, 2026. Key results were: First Quarter 2026 Summary: • Depletions decreased 4% and shipments decreased 6.9% • Net revenue of $433.9 million decreased 4.4% • Gross margin of 49.3% up 100 basis points year over year • GAAP diluted loss per share of $13.88, which includes non-recurring litigation expenses of $15.52 per share • Non-GAAP diluted earnings per share of $1.64”
Jean-Michel Valette departed as Director at BOSTON BEER CO INC.
“On March 12, 2025, Jean-Michel Valette informed the Board of Directors of the Company that he will not stand for re-election as a Director of the Company at the end of his current term and will retire from the Board effective as of the conclusion of the Company’s 2025 Annual Meeting of Stockholders.”
Joseph H. "Joe" Jordan was appointed as Class A Director at BOSTON BEER CO INC.
“On July 29, 2024, Christopher I. “Biz” Stone and Joseph H. “Joe” Jordan were appointed to the Company’s Board of Directors, effective immediately.”
Christopher I. "Biz" Stone was appointed as Class B Director at BOSTON BEER CO INC.
“On July 29, 2024, Christopher I. “Biz” Stone and Joseph H. “Joe” Jordan were appointed to the Company’s Board of Directors, effective immediately.”
BOSTON BEER CO INC shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm at the 2024-05-07 meeting.
“The Class B Stockholder similarly ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 28, 2024.”
BOSTON BEER CO INC shareholders approved Election of five Class B Directors at the 2024-05-07 meeting.
“The sole holder of all of the Company’s outstanding shares of Class B Stock voted all of such shares for the election of the following five (5) Class B Directors, each for a term of one (1) year ending at the completion of the 2025 Annual Meeting of Stockholders and until their respective successors are duly chosen and qualified: Samuel A. Calagione, III, Cynthia A. Fisher, C. James Koch, Julio N. Nemeth, and Michael Spillane. The Board of Directors and the Class B Stockholder also resolved to retain the Class B vacancy occasioned by David A. Burwick’s retirement. There were no broker non-votes in connection with the election of the Class B Directors.”
BOSTON BEER CO INC shareholders approved Advisory vote on executive compensation at the 2024-05-07 meeting.
“The results of the advisory vote are as follows: 6,649,043 votes for; 371,440 votes against; 22,657 abstentions, and no broker non-votes.”
BOSTON BEER CO INC shareholders approved Election of three Class A Directors at the 2024-05-07 meeting.
“The Class A Stockholders elected the following three (3) Class A Directors, each for a term of one (1) year ending at the completion of the 2025 Annual Meeting of Stockholders and until their respective successors are duly chosen and qualified: Cynthia L. Swanson received 6,848,352 votes for, 194,755 votes withheld, and 33 shares uncast; Meghan V. Joyce received 3,282,538 votes for and 3,760,569 votes withheld; and 33 shares uncast; and Jean-Michel Valette received 3,442,138 votes for and 3,600,969 votes withheld; and 33 votes uncast. There were no broker non-votes in connection with the election of the Class A Directors.”
BOSTON BEER CO INC reported first quarter ended March 30, 2024 results: revenue $426.1 million, net income $12.6 million, EPS $1.04. Guidance reaffirmed.
“Net revenue of $426.1 million increased 3.9% • Gross margin of 43.7% up 570 basis points year over year • Net income of $12.6 million • Diluted income per share of $1.04”
Meghan V. Joyce was appointed as Lead Director at BOSTON BEER CO INC.
“He will be succeeded as Lead Director on an interim basis by Meghan V. Joyce”
Michael Spillane was appointed as President and Chief Executive Officer at BOSTON BEER CO INC.
“assume the position of President and CEO on April 1, 2024”
Michael Spillane departed as Lead Director at BOSTON BEER CO INC.
“Mr. Spillane will step down from his positions as Lead Director”
David A. Burwick departed as President and Chief Executive Officer at BOSTON BEER CO INC.
“David A. Burwick, President and Chief Executive Officer, has decided to step down from his position and as a member of the Company’s Board of Directors, effective March 31, 2024.”
BOSTON BEER CO INC reported full fiscal year 2023 results: revenue $2.009 billion, net income Net income of $76.3 million, EPS $6.21.
“decreased 6%. Depletions decreased 5% on a 52-week comparable basis • Shipments decreased 6.2%. Shipments decreased 5.2% on a 52-week comparable basis • Net revenue of $2.009 billion decreased 3.9%. Net revenue decreased 2.9% on a 52-week comparable basis • Gross margin of 42.4%, up 120 basis points year over year • Net income of $76.3 million • GAAP diluted”
BOSTON BEER CO INC reported fourth quarter of 2023 results: revenue $393.7 million, net income Net loss of $18.1 million, EPS $1.49.
“decreased 9%. Depletions decreased 1% on a 13-week comparable basis • Shipments decreased 12.2%. Shipments decreased 3.5% on a 13-week comparable basis • Net revenue of $393.7 million decreased 12.0%. Net revenue decreased 3.1% on a 13-week comparable basis • Gross margin of 37.6%, up 60 basis points year over year • Net loss of $18.1 million • GAAP diluted”
BOSTON BEER CO INC reported third quarter of 2023 results: revenue $601.6 million, net income $45.3 million, EPS $3.70.
“approximately 3% on a comparable week basis • Shipments decreased 2.5% on a fiscal calendar basis and decreased 1.8% on a comparable week basis • Net revenue increased 0.9% to $601.6 million • Gross margin increased 250 basis points to 45.7% • Net income of $45.3 million, which includes non-cash brand impairment charges of $16.4 million and the related tax benefit •”
Michael J. Crowley was appointed as Chief Sales Officer at BOSTON BEER CO INC.
“On August 15, 2023, the Company announced that it intends to appoint Senior Sales Director Michael J. Crowley, 54, as Chief Sales Officer effective January 1, 2024.”
John C. Geist departed as Chief Sales Officer at BOSTON BEER CO INC.
“On August 10, 2023, John C. Geist informed the Company that he intends to retire from his role as Chief Sales Officer in 2024.”
BOSTON BEER CO INC reported second quarter that ended July 1, 2023 results: revenue $603.3 million, net income $58.0 million, EPS $4.72. Guidance reaffirmed.
“• Net revenue decreased 2.1% to $603.3 million • Gross margin increased 230 basis points to 45.4% • Net income increased 8.8% to $58.0 million • Diluted income per share increased 9.5% to $4.72”
Matthew D. Murphy changed role as Vice President of Finance, Chief Accounting Officer at BOSTON BEER CO INC.
“In connection with Diego’s appointment, Mr. Murphy will resume his previous role as Vice President of Finance, Chief Accounting Officer and will report to Mr. Reynoso upon his start date;”
Diego Reynoso was appointed as Chief Financial Officer and Treasurer at BOSTON BEER CO INC.
“On July 24, 2023, the Company announced that it has hired Diego Reynoso, age 47, as its Chief Financial Officer and Treasurer.”
Cynthia L. Swanson was appointed as Class B Director at BOSTON BEER CO INC.
“On June 26, 2023, the Company’s Board of Directors, acting in accordance with its authority under the Company’s By-Laws, appointed Cynthia L. Swanson as a Class B Director of the Company.”
BOSTON BEER CO INC shareholders approved Ratification of Deloitte & Touche LLP as independent auditor at the 2023-05-17 meeting.
“The Class B Stockholder similarly ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 30, 2023.”
BOSTON BEER CO INC shareholders approved Election of five Class B Directors for a one-year term at the 2023-05-17 meeting.
“The sole holder of all of the Company's outstanding shares of Class B Stock voted all of such shares for the election of the following five (5) Class B Directors”
BOSTON BEER CO INC shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-05-17 meeting.
“7,409,166 votes for "every year"; 11,161 votes for "every two years"; 80,696 votes for "every three years"; 511,631 abstentions; and no broker non-votes.”
BOSTON BEER CO INC shareholders approved Advisory resolution on executive compensation at the 2023-05-17 meeting.
“7,211,848 votes for; 655,493 votes against; 145,314 abstentions, and no broker non-votes.”
BOSTON BEER CO INC shareholders approved Election of three Class A Directors for a one-year term at the 2023-05-17 meeting.
“Meghan V. Joyce received 4,143,466 votes for and 3,869,107 votes withheld; Michael Spillane received 4,398,504 votes for and 3,614,069 votes withheld; and Jean-Michel Valette received 4,107,052 votes for and 3,905,521 votes withheld. There were no broker non-votes in connection with the election of the Class A Directors.”
Philip A. Hodges was appointed as Chief Supply Chain Officer at BOSTON BEER CO INC.
“On May 22, 2023, the Company announced that it has hired Philip A. Hodges, age 56, as its Chief Supply Chain Officer.”
BOSTON BEER CO INC reported the first quarter ended April 1, 2023 results: revenue $410.0 million, net income Net loss of $9.0 million, EPS Diluted loss per share of $0.73. Guidance reaffirmed.
“results for the first quarter ended April 1, 2023. Key results were: First Quarter 2023 Summary: • Depletions decreased 6% and shipments decreased 7.6% • Net revenue of $410.0 million decreased 4.7% • Gross margin of 38.0%, inclusive of non-recurring charges with an unfavorable impact of 210 basis points • Net loss of $9.0 million • Diluted loss per share of”
Michael M. Lynton departed as Director at BOSTON BEER CO INC.
“On March 27, 2023, Michael M. Lynton notified the Board of Directors (the “Board”) of The Boston Beer Company, Inc. (the “Company”) that he will not stand for re-election as a Director of the Company at the end of his current term and will step down from the Board effective as of the conclusion of the Company’s 2023 Annual Meeting of Stockholders.”
Matthew D. Murphy was appointed as interim Treasurer and Chief Financial Officer at BOSTON BEER CO INC.
“On March 6, 2023, the Company’s Board of Directors approved the appointment of Matthew D. Murphy, age 54, to serve as interim Treasurer and Chief Financial Officer until such time as the Company appoints Mr. Smalla’s permanent successor.”
Frank H. Smalla departed as Treasurer and Chief Financial Officer at BOSTON BEER CO INC.
“On March 3, 2023, Frank H. Smalla informed the Company that he was stepping down after seven years as the Company’s Treasurer and Chief Financial Officer, to pursue an opportunity as Chief Financial and Operating Officer with a KKR-backed private equity company.”
BOSTON BEER CO INC reported the full fiscal year 2022 ended December 31, 2022 results: revenue $2.090 billion, net income Net income of $67.3 million, EPS $5.44.
“decreased 5%. Depletions decreased 6% on a 52-week comparable basis • Shipments decreased 3.8%. Shipments decreased 4.6% on a 52-week comparable basis • Net revenue of $2.090 billion increased 1.6% • Gross margin of 41.2% • Net income of $67.3 million • GAAP diluted earnings per share of $5.44, which includes a non-cash impairment charge of $1.61 per share”
BOSTON BEER CO INC reported the fiscal fourth quarter 2022 ended December 31, 2022 results: revenue $447.5 million, net income Net loss of $11.4 million, EPS $0.93 per diluted share.
“increased 3%. Depletions decreased 3% on a 13-week comparable basis • Shipments increased 16.7%. Shipments increased 10.9% on 13-week comparable basis • Net revenue of $447.5 million increased 28.6% • Gross margin of 37.0% • Net loss of $11.4 million • GAAP diluted loss per share of $0.93 Full Year 2022 Summary: • Depletions decreased 5%. Depletions decreased”
Quincy B. Troupe departed as Senior Vice President of Supply Chain at BOSTON BEER CO INC.
“Mr. Troupe stepped down from his position with the Company as of April 1, 2022.”
BOSTON BEER CO INC incurred credit facility of up to $150,000,000 with Bank of America, N.A. (as administrative agent) and various lenders at Term SOFR plus 1.10% per annum maturing December 16, 2027.
“other things, the Lenders severally and not jointly established for the benefit of the Borrowers a revolving credit facility in the original aggregate principal amount of up to $150,000,000, together with a sublimit for a letters of credit for up to $5,000,000 (collectively, the “New Credit Facility”). The 2022 Credit Agreement amended, restated, and replaced in its”
BOSTON BEER CO INC amended Third Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent, and various banks and other financial institutions valued at up to $150,000,000 (effective 2022-12-16).
“On December 16, 2022, the (“Closing Date”), The Boston Beer Company, Inc., a Massachusetts corporation (the “Parent”) and its subsidiaries, Boston Beer Corporation, a Massachusetts corporation (together with the Parent, the “Borrowers”) and American Craft Brewery LLC, a Massachusetts limited liability company (“American Craft Brewery”) entered into a Third Amended and Restated Credit Agreement (the “2022 Credit Agreement”) by and among the Borrowers, American Craft Brewery as a guarantor thereunder, Bank of America, N.A. (when acting for itself, “Bank of America”), as administrative agent thereunder (when acting in such capacity, the “Administrative Agent”), and various banks and other financial institutions (including Bank of America) which are parties thereto as lenders (collectively, the “Lenders”), pursuant to which, among other things, the Lenders severally and not jointly established for the benefit of the Borrowers a revolving credit facility in the original aggregate principal”
Quincy B. Troupe departed as Senior Vice President of Supply Chain at BOSTON BEER CO INC.
“Quincy B. Troupe advised the Company that he intended to step down from his position as Senior Vice President of Supply Chain.”
Quincy B. Troupe departed as Senior Vice President of Supply Chain at BOSTON BEER CO INC.
“On February 21, 2022, Quincy B. Troupe advised the Company that he intends to step down from his position as Senior Vice President of Supply Chain.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.