Leadership Change - Heineken CEO Dolf van den Brink is stepping down after nearly six years, with his departure effective at the end of May, transitioning to an advisory role for eight months [1][3] - The board has initiated a search for a successor, marking a break from tradition as there is currently no named successor [4] Financial Performance - Heineken is expected to report a 2% to 3% drop in beer volumes in its upcoming full-year earnings report, following a warning in October about annual profit growth being at the lower end of the 4% to 8% forecast range [2] - The company's stock has declined over 25% in the past five years, indicating underperformance compared to rivals [7] Strategic Initiatives - During van den Brink's tenure, Heineken faced historic cost inflation and implemented a cost-cutting and restructuring program to protect margins [4] - The company has focused on marketing beer as a social connector to counter the trend of alcohol moderation among consumers [7] - Heineken has made significant acquisitions in emerging markets, including India, South Africa, and Central America, expanding its footprint beyond Europe [8]
Heineken CEO Dolf van den Brink to step down after nearly six years at the helm
New York Post·2026-01-12 15:17