August Busch IV has been
named president and chief executive officer of
Anheuser-Busch Cos., effective Dec. 1. He succeeds Patrick Stokes, who has
held those titles since 2002. Stokes replaces August Busch III as chairman
of the board, however, Busch III will continue to serve on the board.
“Anheuser-Busch is ready for the next generation
of leadership,” said Busch III. “August IV has successfully
prepared himself by leading the U.S. beer company through a period of great
change and challenge. He brings with him the new thinking of his
generation, yet appreciation for the great traditions and values of this
“August IV follows a man of leadership and
conviction in Pat Stokes,” he added. “We are grateful for
Pat’s vision, stewardship and his countless contributions to this
company over his 37-year career. We have worked side-by-side for many of
those years, and I have the greatest respect and admiration for all Pat has
given Anheuser-Busch. He leaves a tremendous legacy.”
Busch IV has led U.S. beer operations since July 2002.
He is the fifth generation of Busch family members to lead the company.
In addition, the company said John Jacob plans to
retire as executive vice president-global communications, but will remain
on the board of directors. Joseph Sellinger and James Hoffmeister also will
retire from the company at the end of November. Both serve on the
company’s strategy committees. Succeeding Sellinger as chief
executive officer and president of the packaging subsidiary will be Michael
S. Harding, who is currently vice president of U.S. brewery operations.
Douglas Muhleman, group vice president of brewing operations and technology
for the company’s U.S. and international breweries, will become
chairman of the packaging group. The company said the move more closely
aligns the objectives of the packaging group with those of Anheuser-Busch
Robert Lachky, who has served as executive vice
president of global industry development since August 2005, has been named
to the Anheuser-Busch Cos. strategy committee, and Gary Welker, vice
president of distribution systems and services, announced plans to retire.
Timothy Armstrong, will become vice president of transportation and
logistics, and Peter Kraemer will become vice
president of operations.
Bacardi to acquire New Zealand company
Bacardi Ltd. plans to
purchase New Zealand spirits company 42
Below Ltd. for about $91 million.
“Bacardi is acquiring young premium brands in 42
Below,” said Andreas Gembler, president and chief executive officer
of Bacardi. “With substantial investment by our company, 42 Below
brands show long-term potential in the global spirits industry with a
particular focus on the growing Asia Pacific markets.”
42 Below is best known for its 42 Below Vodka, which
is available in more than 25 countries. The acquisition also will include
four flavored vodkas — Manuka Honey, Kiwifruit, Feijoa and
Passionfruit — as well as South Gin, Stil Vodka, Seven Tiki White
Rum, Tahiti Dark Rum and 42O spring water.
Pepsi picks up Izze, honors top bottlers
PepsiCo, Purchase, N.Y.,
has acquired sparkling juice-maker Izze
Beverage Co., Boulder, Colo. Izze will remain in Boulder and will operate
as a separate unit, according to the companies. They also plan to leave
Izze’s distribution system unchanged.
“Izze connects with people’s interest in
great-tasting, healthier beverages,” said Pepsi-Cola North America
President and Chief Executive Officer Dawn Hudson. “Izze drinkers are
young, healthy, active, and incredibly loyal. We'll give IZZE the freedom
and autonomy to preserve its identity while we develop the brand and help
Izze is sold in Starbucks stores in the United States
and Canada, as well as nationally in SuperTarget and Cost Plus World Market
stores, and in a number of local markets through club stores, supermarkets
and natural foods stores.
Bottler of the year honored
In other Pepsi news, the company last month recognized
Pepsi-Cola Bottling Co. of Yuma, Ariz., with its Donald M. Kendall Bottler
of the Year Award for the company’s 2005 results. Named for PepsiCo's
former chairman and founder, the award is considered the highest honor
bestowed upon PCNA's bottling partners, and took place during its national
bottler meeting in San Diego.
Bottler of the year finalists are selected on key
criteria, including customer service, community support, volume and sales
growth, quality standards and performance against the company’s
Pepsi-Cola Yuma achieved double-digit bottle-and-can
growth over the past year, and its three-year compound annual growth of 9
percent puts it at the top of the bottling system. At the community level,
the company has a relationship with Hospice of Yuma, an organization
providing care and services to patients in the final stages of terminal
Other finalists for the award included Fitzgerald
Bros. Beverages of Glens Falls, N.Y.; Buffalo Rock Co., Mobile, Ala.; and
The Pepsi Bottling Group's North Florida/South Georgia Market Unit.
Paterno, Cuvaison retain partnership
Paterno Wines International, Lake Bluff, Ill., and Napa Valley
winemaker Cuvaison Estate Wines have renewed a long-term marketing
agreement that began in 1996. According to Paterno, Cuvaison unit sales are
up 43 percent year to date, and while Chardonnay has led the growth,
Cabernet Sauvignon and Pinot Noir also are enjoying double-digit growth
Founded in 1969, Cuvaison recently moved to 100
percent estate-grown wines across its portfolio with the development of
Brandlin Vineyard on Napa Valley’s Mount Veeder, and in 2004 it opened a state-of-the art winery on its Carneros estate.
Juice’s tie to obesity debated
A recent article in Pediatrics challenges the
assumption that a high consumption of juice and juice drinks contribute to
the problem of childhood obesity. According to the report, Theresa Nicklas
from the Children’s Nutrition Research Center at Baylor College of
Medicine, Houston, and her colleagues studied the types and amounts of
beverages consumed and weight status of 1,160 preschool aged children in
the U.S. National Health and Nutrition Examination Survey of 1999-2002. The
researchers found that while increased beverage consumption was associated
with an increase in total calorie intake, it did not correlate with
increased body mass index.
“Dietary factors associated with childhood
obesity are poorly understood and identifying single foods/beverages as the
sole contributor to the obesity problem is unfounded,” Nicklas told
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