Carlos Brito, who turned Brazil’s beer into the world’s largest brewery, Anheuser-Busch InBev, has resigned after 15 years.
AB InBev said Brito would step down from his duties to Michel Doukeris, president of North American business, on July 1 and leave the company more than 30 years later.
The departure of the 60-year-old player marks the end of the brewing industry after Jean-François van Boxmeer stepped down as Heineken’s chief of staff in 2020. They all helped run the league, finding local players to run international businesses in the beverage.
“Among the many things he has done, Brito was a builder who led and built AB InBev at the world’s leading and most advanced trading company in combination with the many businesses that make up AB InBev today,” said Martin Barrington, chairman of AB InBev.
The creators of Budweiser, Stella Artois and Corona had given serious thought to who they wanted to be, the Financial Times reports last year, but chose Doukeris, another Brazilian who joined the club 25 years ago, rising through its sales teams before starting an Asian and North American business.
AB InBev said the committee selected Doukeris in unison.
Brito’s departure comes as the company struggles with the effects of the epidemic over a debt that stood at $ 82.7bn at the end of 2020, which happened to find of SABMiller in 2016. The company cut its share in April last year.
It also said on Thursday that the first quarter rose by 17.2%, ahead of expectations, to $ 12.3bn, a 13.3% increase in the number of alcoholic beverages sold as global drinking and social gatherings began to recover from epidemic restrictions, making $ 1.1bn the first profit.
Brito brewing began in 1989 when he joined the Brazilian brewery Brahma, working for his mentor Jorge Paulo Lemann, founder of the state-owned 3G company, who paid for his education at Stanford.
Brahma began to develop under the auspices of the alliance, transforming the Brewer Ambev region. Brito became a major player in 2004, and the same year the company partnered with Belgian Interbrew producer Stella Artois to produce InBev. Four years later it took the brutal seizure of US Anheuser-Busch into a global brewery.