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Heineken CEO to step down as beer sales slump
Yahoo Finance· 2026-01-12 12:34
Group 1 - Heineken is undergoing a leadership transition as CEO Dolf van den Brink will leave the company at the end of May after nearly six years, coinciding with a significant reorganization plan to address a prolonged slump in the beer market [3][7] - The company announced plans to cut 400 jobs at its global headquarters in Amsterdam to adapt to a "dynamic beer market," indicating a strategic shift in operations [3][5] - Heineken's third-quarter revenue remained flat, with beer volumes decreasing by more than 4%, highlighting ongoing challenges in the industry [5] Group 2 - Van den Brink has been with Heineken for over 28 years, holding various leadership roles, and will continue to support the company in an advisory capacity for eight months after his departure [4][7] - The restructuring includes scaling the Heineken Business Services unit and implementing a multiyear digital backbone program to enhance operations across 70 markets [5]