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Heineken CEO, facing slow sales and unsatisfied investors, steps down
Dolf van den Brink will step down after nearly six years amid declining sales and inflation, remaining as advisor for eight months to support leadership transition.
- On Monday, Heineken said its chief executive Dolf van den Brink will step down on May 31 after nearly six years leading Heineken N.V., Dutch brewer.
- Van den Brink and Peter Wennink said the timing suits Heineken N.V.’s long-term ambitions, with both agreeing now is the right moment for new leadership.
- Having become CEO in June 2020, Van den Brink will support a transition while the supervisory board initiates a search for his successor; he will advise Heineken for eight months.
- Amid weaker demand, Heineken N.V. faces pressure on sales and margins as 2025 sales volumes are likely down and the group warned over profits in October.
- The October strategy to 2030 frames the mandate for incoming leadership, and Peter Wennink, chair of the supervisory board, praised Van den Brink for delivering on the EverGreen 2025 strategy.
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Heineken CEO resigns amid slow beer sales, investor pressure | Honolulu Star-Advertiser
LONDON >> Heineken’s CEO Dolf van den Brink resigned unexpectedly on Monday after six years of leading the Dutch brewer and only a few months after setting its new strategy, as the industry battles to get drinkers buying more beer.
·Honolulu, United States
Read Full ArticleHeineken CEO: Van den Brink is leaving after six years as CEO. With the coronavirus crisis, the Russian invasion of Ukraine, high inflation, and a trade war…
·Netherlands
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Total News Sources56
Leaning Left4Leaning Right5Center11Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 20%
C 55%
R 25%
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