Core Insights - Molson Coors Beverage Co. has appointed Rahul Goyal as the new president and CEO, succeeding Gavin Hattersley, effective next month [1][2] - Goyal has over 24 years of experience with the company, having held various roles including chief information officer and chief financial officer [2][3] - The company has faced challenges, lowering its sales and earnings forecasts for 2025 due to muted demand in key markets [6][7] Leadership Transition - The board chair, David Coors, emphasized Goyal's experience and vision as critical for driving the next phase of growth for Molson Coors [2] - Goyal has been instrumental in strategic initiatives, including the acquisition of Zoa and partnerships with Coca-Cola and Fever-Tree [4] Financial Performance - In 2024, Molson Coors reported net sales of $11.63 billion, a decrease of 0.6% year-over-year, while net income rose by 18.3% to $1.12 billion [5] - The company has revised its sales expectations, projecting a decline of 3-4% in net sales for 2025 on a constant-currency basis [6] - Underlying income before income taxes is expected to decrease by 12-15% in 2025, with diluted EPS projected to be 7-10% lower [7][8]