Connect with us

    Hi, what are you looking for?

    News

    Heineken CEO Dolf van den Brink resigns after turbulent six-year tenure

    Heineken Chief Executive Dolf van den Brink resigned unexpectedly on Monday, January 12, after nearly six years steering the world’s second-largest brewer through COVID-19 shutdowns, inflation and slumping beer demand, with shares dropping up to 4 per cent in early trading.

    Heineken CEO Dolf van den Brink resigns after turbulent six-year tenure

    Heineken CEO Dolf van den Brink

    The 52-year-old, who took over in June 2020, will depart on May 31 but stay on as adviser for eight months, as the supervisory board hunts a successor to drive the fresh EverGreen Strategy 2030 targeting sales growth, profit gains and cost cuts in select markets like Nigeria and Vietnam.

    Van den Brink faced criticism for lagging rivals on efficiency and returns amid weather woes, geopolitical shocks, younger drinkers’ shifting tastes and weight-loss drugs denting consumption, plus a 2025 European pricing row that yanked products from shelves.

    Supervisory board chair Peter Wennink said the timing suits executing long-term goals, with van den Brink pledging full focus until exit after acquisitions in India, South Africa and major restructurings.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a former two-term Councillor from Ibeju-Lekki Local Government Council in Lagos State over...

    News

    The Chairman of LOPE Media Network, Mmadubugwu Justice Nonso, has joined the global community in celebrating women across the world as part of activities...

    E-Financial

    Coronation Registrars Limited has released its 2025 performance scorecard, highlighting its continued role in supporting transparency, efficiency, and investor confidence within Nigeria’s capital market....

    News

    Dimension Data Nigeria has formally executed its N20 billion ($15m) Bond Programme under Dimension Data SPV Funding Plc, following approval from the Securities and...