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Molson Coors Names Strategy Chief Rahul Goyal CEO Effective Oct. 1

The board chose the 24-year company veteran to drive a broader drinks strategy as 2025 forecasts point to lower sales.

Overview

  • Goyal will succeed Gavin Hattersley on October 1, 2025, with Hattersley staying on as an adviser through year-end.
  • The board said it unanimously approved Goyal after an extensive process that evaluated internal and external candidates.
  • A longtime executive and chief strategy officer since 2019, Goyal led the Zoa acquisition and expanded partnerships with Coca-Cola and Fever-Tree.
  • Molson Coors has twice cut its 2025 outlook and now expects net sales to fall 3–4%, with underlying income down 12–15% and EPS lower by 7–10%.
  • Second-quarter 2025 net sales declined 1.6% as EMEA/APAC volumes lagged and U.S. demand softened, following 2024 results of $11.63 billion in net sales and $1.12 billion in net income.