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Heineken CEO Dolf van den Brink to Step Down
Heineken CEO and Chairman Dolf van den Brink will be leaving the company at the end of May after nearly six years at the helm. His departure follows the beer giant’s announcement of an extensive reorganization plan.
Search for Successor Underway
The Heineken board is currently in the process of searching for a successor to fill van den Brink’s shoes. The outgoing CEO will continue to support the company in an advisory capacity for eight months starting June 1.
Van den Brink’s Legacy
Van den Brink is credited with successfully navigating Heineken through challenging economic and political climates. He also played a key role in implementing a five-year corporate restructuring plan to address declining beer sales.
Heineken Adapts to Changing Market
As Heineken adapts to a shifting beer market, the company recently announced plans to cut 400 jobs at its global headquarters in Amsterdam. This move is part of a larger restructuring effort to remain competitive in the industry.
Van den Brink emphasized the importance of leadership transition as Heineken continues its transformation journey. He remains committed to executing the company’s strategic plan effectively during the transition period.
Prior to his role as CEO, van den Brink held various leadership positions within Heineken for over 28 years, including overseeing operations in the U.S., Mexico, and Asia Pacific regions.
Following the news of van den Brink’s departure, Heineken’s stock experienced a 4% decline. The company is also expanding its Heineken Business Services unit and launching a digital transformation program in multiple markets.
Heineken, known for brands like Tecate and Dos Equis, reported flat revenue in the third quarter of the year, with a decrease in beer volumes by over 4%.