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Molson Coors Elevates Strategy Chief Rahul Goyal to CEO on Oct. 1

Investors await a clear beyond‑beer plan following recent cuts to 2025 guidance.

Overview

  • Molson Coors’ board unanimously approved Goyal’s appointment, with outgoing CEO Gavin Hattersley staying on as an advisor through year‑end.
  • Goyal is a 24‑year company veteran who served as CIO in the UK, CFO in India, and chief strategy officer since 2019.
  • He is credited with leading the company’s diversification moves, including the Zoa energy acquisition and partnerships with The Coca‑Cola Company and Fever‑Tree.
  • The brewer lowered its 2025 outlook in August, guiding to net sales down 3–4% in constant currency, underlying income before taxes down 12–15%, and diluted EPS down 7–10% after softer volumes in EMEA and APAC.
  • Needham analysts characterized the hire as a safe choice and say shares may not benefit until Goyal details his beyond‑beer roadmap.