So for things we control, we know what to do. The move comes at a time when the company's beer sales by volume in the US are seeing a decline. We are committed to working with our partners towards a more sustainable future. CARLOS BRITO:  I think first, it’s important to say that we’ve conducted consumer research during the lockdowns. So people could not go to stadiums, to venues, to bars, restaurants, pubs. And we tried to help with other things. "That's obvious, but the opposite is even more dangerous. We will not, we’re social animals. If 100% of the restaurants come back, but they are only with 50% occupancy, how can we help them stay in business? I mean, being in touch with others is part of our culture as well. He also said his only pastime was taking a daily 30-minute walk on a treadmill. As part of our commitment to responsible drinking, please confirm you are of legal drinking age. I lead a passionate team of brewers and brand builders who invest in sustainable, long-term growth. So you know, for example, if countries start reopening, and bars and restaurants are only 50% back, that triggers a whole set of actions. He held various positions in finance, operations and sales, before being appointed CEO in January 2004. Brito has cited Brazil's business culture as a reason for AB InBev's success, according to the BBC. So we’re trying to equip also when our customers reopen after being locked down for two months, we’re giving them a reopening kit with masks, hand sanitizers, gowns, gloves, because sometimes in some countries those are hard to find materials. CARLOS BRITO:  Well, first I mean, our operations were running the whole time in the majority of our markets. The world's largest brewer is about to get even bigger. There must be a part of you that wants to jump in and advise a decision, or recommend a decision, or help in some way. Our culture’s all about, I mean, big dreams, hiring the best people up there, but more importantly, creating an environment that they come and stay, and then provide those people an environment where they can, where the ownership mindset, as we call it, will be faster, that people look at the company as their own company, because we are the company. (Reuters) – Budweiser beer maker Anheuser-Busch InBev has started searching for a replacement for its long-serving chief executive Carlos Brito, the Financial Times reported https://www.ft.com/content/101049df-27ee-4362-973e-b763a05dd7b6 on Monday. Brito and CFO Felipe Dutra lost their annual bonuses in 2017 after the brewer saw its first decline in core earnings since its formation, according to the St. Louis Business Journal. In our offices, we, a lot of our offices around the world have already reopened. According to the Financial Times, Brito showed up at Anheuser-Busch's St. Louis headquarters to start making changes just 24 hours after its acquisition by InBev was announced. CURT NICKISCH: Because at home consumption was still there. [10][11], Brito claims to have no hobbies, except a daily 30-minute treadmill workout. [5] Jorge Paulo Lemann is described as his mentor. So I think that was a big part of it. "I don't want the company to give me free beer," Brito told Stanford MBA students in 2008, according to NBC News. AB InBev has just one insider it is considering to take over the CEO title, according to the report: Michel Doukeris. CURT NICKISCH: What have you been really surprised and excited to learn during this time? The fourth priority was to prepare for a strong recovery. Collaborating with our customers to help them weather the lockdown by, you know, pulling in our social media platforms that reach a lot of consumers, the option they had to support their favorite pub by buying a voucher at a discount in which we matched their dollars one by one. Adam Buchholz is our audio product manager. And the same with our world. And if you have something you can do to help, our people first, but then the community, then our customers, and then our consumers, we should do it. Not all. The deal will add Kona Brewing Co., Omission Brewing Co., Redhook Brewery and Cisco Brewers., into AB InBev's already extensive portfolio of beers. We think it will be some time before customers go to a live concert where everybody’s packed in a stadium or to sports where everybody’s very close to each other in the bleachers. Many of his leadership principles are paying off during the Covid-19 pandemic, as empowered employees have quickly changed course to respond to the crisis. We’re making hand sanitizers. Brito asks that all employees' performance be monitored constantly and formally reviewed each year, according to the Financial Times. Anti-Harassment & Anti-Discrimination Policy, Responsible Sourcing Principles for Farms. And have a great day. AB InBev completes sale of Carlton & United Breweries to Asahi Group Holdings, Ltd. Vestibulum luctus, mauris ullamcorper volutpat ullamcorper, quam felis mollis sem, et fermentum felis nisi ut arcu. [12], "Anheuser-Busch InBev Announces Completion of Combination with SABMiller", BBC NEWS | Business | The Brazilian recipe for brewing success, Latin Business Chronicle: Top 25 Multilatinos, https://en.wikipedia.org/w/index.php?title=Carlos_Brito_(businessman)&oldid=979637713, Federal University of Rio de Janeiro alumni, Businesspeople from Rio de Janeiro (city), Stanford Graduate School of Business alumni, Pages using infobox person with unknown parameters, Creative Commons Attribution-ShareAlike License, Louise Brito, Kevin Brito, Mark Brito, Christine Brito, This page was last edited on 21 September 2020, at 21:35. Account active By submitting this form, you agree to be bound by the Terms of Service and Privacy Policy, © 2020 Anheuser-Busch Companies LLC, St. Louis, MO 63118. How have you thought about this, trying to respond to the crisis, but also trying to move out of it at a quick pace? So the new occasion, dinners and stuff, became more prevalent at home. I mean, we are the company. Then I came I came back, and ten days later, the whole thing started, and the country got into a lockdown when the Chinese New Year started in the last week of January. Recently (March 2017), we announced a commitment to secure 100% of the purchased electricity used in our brewing and vertical operations from renewable sources by 2025.

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