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Long-Time Boston Beer Director To Retire

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

BOSTON, MA (1/25/16) The Boston Beer Company, Inc. (NYSE: SAM) (the Company), brewers of Samuel Adams beers, announced today that Director Pearson Pete C. Cummin, III will retire from the Board of Directors of the Company following the close of the next regular meeting of the Board, scheduled for February 10, 2016.

Mr. Cummin, 73, has been a Director of the Company since its initial public offering in 1995, having served as the Chair of the Audit Committee from May 1996 to May 2013, Chair of the Compensation Committee since May 2013, and a member of the Compensation Committee since May 1997. Prior t o the initial public offering, he was an investor through the 1987 investment in the Company by Consumer Venture Partners, a Connecticut-based venture capital firm, and served on the Companys Advisory Committee beginning in 1993.

Mr. Cummin is an experienced investor and venture capitalist with extensive experience in finance, corporate governance, and executive compensation matters. He is currently the Managing Member of Grey Fox Associates, LLC, a private investment company headquartered in Greenwich, Connecticut. He served as the Secretary...


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