Actionable news
0
All posts from Actionable news
Actionable news in BREW: Craft Brew Alliance, Inc.,

Kurt Widmer To Retire From Craft Brew Alliance As Chairman Of The Board At Year End

The following excerpt is from the company's SEC filing.

Kurt R. Widmer, 63, co-founder of Widmer Brothers Brewing, announced today that he will retire from

Craft Brew Alliance, Inc.

(Nasdaq: BREW) and will be leaving CB

’s Board of Directors at the end of the year. At that time, he will assume the honorary title of Chairman Emeritus. Mr. Widmer has served as Chairman of the Board since Craft Brew Alliance was formed in 2008 through the merger of pioneering Pacific Northwest craft brewing companies Redhook Brewery and Widmer Brothers Brewing. Previously, Mr. Widmer served as President, Chief Executive Office r and Chairman of the Board of Widmer Brothers Brewing Company from 1984 until 2008.

Mr. Widmer will remain in his role through December 31, 2015 to support the transition as CB

’s Board of Directors engages in the process of selecting a new Chairperson.

“Since my brother Rob and I founded Widmer Brothers Brewing over 31 years ago, this extraordinary industry that we helped create has grown and evolved in ways I couldn’t even imagine,” said Mr. Widmer. “Many of us who set the foundation for today’s booming craft beer market are thinking about the next chapter in our lives, and my wife Ann and I have been discussing the fact that there’s still a lot we want to do. So while I’ll miss walking into my office at the brewery every day, I’m admittedly looking forward to more time with my family and doing more of what I love to do – whether it’s traveling around the world or home brewing in the basement.”

He continued, “In terms of timing, I...


More