Molson Coors Names Rahul Goyal As New CEO

Molson Coors Beverage (TAP) announced on Monday that its board has unanimously appointed Rahul Goyal, the company’s chief strategy officer, to succeed Gavin Hattersley as president and chief executive officer.

The company said that Goyal will assume the role and become a member of Molson Coors’ board effective Oct. 1, 2025. Gavin will remain in an advisory role until the end of 2025 to help ensure a smooth transition, Molson added.

Retail sentiment on Molson Coors dipped to ‘neutral’ from ‘bullish’ territory from a day ago, with message volumes at ‘normal’ levels, according to data from Stocktwits.

Goyal has been with the company for 24 years and has held executive roles in information technology, finance, and strategy. The company said he started in Golden, Colorado, at Coors Brewing Company and has held several global leadership roles, such as chief information officer for Molson Coors in the U.K. and chief financial officer for Molson Coors in India.

Molson Coors stated that, most recently, as chief strategy officer, Goyal has focused on expanding the company’s portfolio to reach more consumers on more occasions. The company noted that Goyal has driven its 'beyond beer' ambition by building successful partnerships with Coca-Cola and Fever-Tree, and leading the acquisitions of ZOA and Naked Life.

“After conducting an extensive and thorough CEO succession process that included evaluating internal and external candidates, it was clear that Rahul brought the right experience and vision that we believe is needed to drive the next phase of growth for Molson Coors,” said Chair David Coors.

Shares of Molson Coors have declined by nearly 19% this year and by over 15% in the last 12 months. 

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