Coors

MOLSON COORS ANNOUNCES LEADERSHIP TRANSITION IN CANADA

Retrieved on: 
Tuesday, February 27, 2024

Chantalle Butler promoted to President, Molson Coors Canada, as Frederic Landtmeters chooses to leave the business in April

Key Points: 
  • Chantalle Butler promoted to President, Molson Coors Canada, as Frederic Landtmeters chooses to leave the business in April
    TORONTO, Feb. 27, 2024 /CNW/ - Molson Coors Beverage Company ("MCBC" or "Molson Coors") (NYSE: TAP) (NYSE: TAP.A) has promoted Chantalle Butler to the role of President of its Canada business, effective April 2, 2024.
  • Butler's promotion comes as Molson Coors' strategy is paying off – driving growth in all regions and all segments of Canada.
  • Butler will succeed longtime Molson Coors leader Frederic Landtmeters, who will leave Molson Coors in April to move closer to his family in Belgium.
  • Recognized for his exceptional leadership and his deep commitment to Molson Coors' values and culture, Landtmeters spearheaded significant successes during his time in Canada, driving substantial growth for core brands like Coors Light, the #1 light beer in Canada, and Molson, as well as the launch of successful innovations like Vizzy, Coors Seltzer, and Simply Spiked.

'MADE TO EXPERIENCE': Stagwell's (STGW) TEAM Reveals New Brand Identity

Retrieved on: 
Tuesday, February 20, 2024

NEW YORK and FORT LAUDERDALE, Fla., Feb. 20, 2024 /PRNewswire/ -- As TEAM prepares to celebrate its 35th anniversary in May, the famed integrated experiential agency within Stagwell (NASDAQ: STGW) is launching a new brand identity ahead of what it calls the "experiential renaissance."

Key Points: 
  • TEAM's refreshed brand identity captures the current spirit and momentum of events and experiential as brands double-down on in-person consumer connection.
  • As digital transformation continues to reshape the consumer-brand connection, TEAM (formerly Team Enterprises) is seeing an influx of brands looking to build affinity and engagement in the flesh, following years of pandemic-fueled digital-first experiences.
  • Our new brand identity and focused purpose captures who we've always been and will continue to be – a dynamic TEAM focused on creating transformative brand experiences for communities of like-minded individuals.
  • Communities who share passions, careers, cultures, hobbies, and everything in between," said CEO of TEAM, Dan Gregory.

TEAMSTERS STRIKE MOLSON COORS

Retrieved on: 
Saturday, February 17, 2024

WASHINGTON, Feb. 17, 2024 /PRNewswire/ -- Members of Teamsters Local 997 at Molson Coors in Fort Worth, Texas, were forced to strike today over the company's disgusting pay package and complete unwillingness to reach a fair agreement with workers. Teamsters walked off the job after Molson Coors failed to come to terms on a new three-year contract that respects the 420 workers who make, package, and warehouse the company's beer and beverage brands.

Key Points: 
  • The strike shuts down production at the only brewery that services the entire Western region of the United States with major Molson Coors products.
  • "Molson Coors put itself on strike by taking for granted the Teamsters who keep the beer flowing and the brewery operating.
  • On Feb. 8, the International Brotherhood of Teamsters announced it increased strike benefits to $1,000 per week for members of Local 997 fighting for a new contract at Molson Coors in Fort Worth.
  • Rank-and-file Teamsters produce Coors Light, Topo Chico, Simply, Pabst, and Yuengling, among other Molson Coors beverage brands.

TEAMSTERS RAISE FUTURE STRIKE BENEFITS AT MOLSON COORS AHEAD OF TEXAS WALKOUT

Retrieved on: 
Thursday, February 8, 2024

WASHINGTON, Feb. 8, 2024 /PRNewswire/ -- The International Brotherhood of Teamsters announced today it will increase future strike benefits to $1,000 per week for members of Teamsters Local 997 fighting for a new contract at Molson Coors in Fort Worth, Texas.

Key Points: 
  • WASHINGTON, Feb. 8, 2024 /PRNewswire/ -- The International Brotherhood of Teamsters announced today it will increase future strike benefits to $1,000 per week for members of Teamsters Local 997 fighting for a new contract at Molson Coors in Fort Worth, Texas.
  • Molson Coors negotiators have wasted time on insulting proposals and regressive offers despite having months to reach a fair three-year agreement.
  • The beer company now faces serious risk of an imminent work stoppage just weeks ahead of a possible nationwide strike by 5,000 Teamsters battling Anheuser-Busch for their own contract.
  • The strike benefit for Molson Coors Teamsters will go into effect if the company fails to come to terms soon on an agreement that rewards workers with their fair share of record-setting profits.

Molson Coors Nominates Jill Timm as an Independent Director to Join Its Board of Directors

Retrieved on: 
Friday, December 15, 2023

The Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) Board of Directors announced today that Jill Timm has been nominated as an independent director effective December 16, 2023.

Key Points: 
  • The Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) Board of Directors announced today that Jill Timm has been nominated as an independent director effective December 16, 2023.
  • The board also announced the retirement of Director Louis Vachon, who has served on the Molson Coors Board of Directors since 2012.
  • “We couldn’t be more pleased to nominate Jill for election to our board,” said Geoffrey Molson, chair of the Molson Coors Board of Directors.
  • Vachon, the former president and CEO of the National Bank of Canada, has served on the Molson Coors Board of Directors since 2012.

Molson Coors Beverage Company Introduces Plan to Accelerate Its Growth and Provides Long-Term Financial Outlook at Its 2023 Strategy Day

Retrieved on: 
Tuesday, October 3, 2023

Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) today introduced a new plan to accelerate its growth, its long-term financial outlook, and new capital deployment plans.

Key Points: 
  • Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) today introduced a new plan to accelerate its growth, its long-term financial outlook, and new capital deployment plans.
  • The Acceleration Plan, designed to build upon the Company’s growth in the years ahead, was shared at the Company’s 2023 Strategy Day in New York City.
  • Today we believe we are built for growth, we expect growth, and we are delivering growth.
  • While Molson Coors’ history is rooted in beer, Molson Coors offers a modern portfolio that expands beyond the beer aisle as well.

HERE'S THE HARD TEA: PEACE HARD TEA™ HITS SHELVES THIS SEPTEMBER

Retrieved on: 
Tuesday, September 19, 2023

CHICAGO, Sept. 19, 2023 /PRNewswire/ -- Molson Coors Beverage Company today announces that Peace Hard Tea™, the highly anticipated line of bold and vibrant hard teas crafted for 21+ consumers, is officially available at local convenience stores and retailers in the Southeast Region of the U.S. The release of Peace Hard Tea marks the latest innovation coming out of Molson Coors' relationship with The Coca Cola Company and is bringing the hard tea consumers have been asking for.

Key Points: 
  • The release of Peace Hard Tea marks the latest innovation coming out of Molson Coors' relationship with The Coca Cola Company and is bringing the hard tea consumers have been asking for.
  • Peace Hard Tea is the ideal drink for those looking to toss norms to the side and harness their main character energy.
  • "With the launch of Peace Hard Tea, we're bringing 21+ consumers the bold and fruit flavored hard tea they've been searching for to shake up the norms of everyday life."
  • Hard tea fans in the Southeast can find Peace Hard Tea at local convenience stores and retailers in 24-oz.

Molson Coors Beverage Company Expands Partnership With ZOA Energy Through Increased Investment

Retrieved on: 
Monday, September 11, 2023

Molson Coors Beverage Company ("MCBC" or "Molson Coors") (NYSE: TAP, TAP.A) has reached an agreement to expand its partnership with ZOA Energy, a leading energy drink brand co-founded by Dwayne “The Rock” Johnson, Dany Garcia, Dave Rienzi and John Shulman.

Key Points: 
  • Molson Coors Beverage Company ("MCBC" or "Molson Coors") (NYSE: TAP, TAP.A) has reached an agreement to expand its partnership with ZOA Energy, a leading energy drink brand co-founded by Dwayne “The Rock” Johnson, Dany Garcia, Dave Rienzi and John Shulman.
  • Molson Coors will strengthen its investment in ZOA as it furthers a push that began in 2019 to expand beyond its beer roots by becoming a total beverage company.
  • View the full release here: https://www.businesswire.com/news/home/20230911884398/en/
    With Molson Coors as a partner, ZOA will leverage the investment to increase media and marketing to drive incremental sales and expand distribution to international markets.
  • “This investment is another meaningful step for Molson Coors and our transformation into a total-beverage company,” said Chief Commercial Officer, Michelle St. Jacques.

60% OF CONSUMERS PLAN TO CELEBRATE LABOR DAY; 55% INTEND TO PURCHASE ALCOHOLIC BEVERAGES, NUMERATOR REPORTS

Retrieved on: 
Tuesday, August 22, 2023

Overall, fewer consumers plan to celebrate this year (60% in 2023 vs. 75% in 2022, but plans for recreational activities and travel are on the rise.

Key Points: 
  • Overall, fewer consumers plan to celebrate this year (60% in 2023 vs. 75% in 2022, but plans for recreational activities and travel are on the rise.
  • 42% of consumers expect rising prices to impact their Labor Day plans, remaining unchanged from the beginning of summer (Memorial Day Weekend).
  • Grilling or not, nine in ten consumers plan to purchase food and over half plan to purchase alcoholic beverages.
  • Among non-food planned purchases, 16% plan to purchase party supplies, 12% plan to purchase decorations, 10% plan to purchase games/activities, and 8% plan to purchase apparel.

Coors Original Legacy Lift sets out to help Canadian entrepreneurs kick-start their business journey

Retrieved on: 
Wednesday, August 9, 2023

TORONTO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- This year, to celebrate the Coors legacy inspired by the original recipe from 1873, Coors Original is inviting Canadian entrepreneurs and business owners to establish a story of their own with the Coors Original Legacy Lift.

Key Points: 
  • TORONTO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- This year, to celebrate the Coors legacy inspired by the original recipe from 1873, Coors Original is inviting Canadian entrepreneurs and business owners to establish a story of their own with the Coors Original Legacy Lift.
  • Through the Legacy Lift grant, Canadians currently on their business journey will have the chance to apply for a chance to attend the Legacy Lift pitch event in Toronto on September 6, where they’ll share their best elevator pitch directly to Coors for a chance to win $40,000 in funding.
  • Coors Original developed the Legacy Lift to help a passionate Canadian turn their passion project into a reality by providing significant support during the beginning of its development and growth through monetary funds and mentorship.
  • Starting today, eligible Canadian business owners can apply for Coors Original’s Legacy Lift grant by submitting a 150-second video about their business and how they plan to build a lasting legacy at coorsoriginal.ca/legacylift by August 23 at 11:59 p.m. EDT.