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Home | News | People | New Belgium’s new CEO

New Belgium’s new CEO

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Company co-founder Kim Jordan: remains executive chair

Leading US craft brewer taps Beam Suntory executive

For the first time in its history, New Belgium Brewery has looked outside of its organisation for someone to become its chief executive officer.

Steve Fechheimer will be joining the Fort Collins, Colorado based craft brewer in mid-August. He joins from premium spirits company Beam Suntory where he was chief strategy officer.

At Beam Suntory Fechheimer headed organic growth initiatives such as route-to-market design and distributor negotiations. He also led acquisitions, divestitures, the creation of global partnerships and the overall strategic planning process

Fechheimer replaces company co-founder Kim Jordan, who had previously been CEO and is currently serving as interim CEO following the resignation of Christine Perich in November 2016.

Jordan said, “His expertise at strategy development and execution in the high-end world of spirits, coupled with our 26 years of solid brewing and branding, is a perfect setup for the kind of dynamic future New Belgium is planning. Steve is smart and driven while also being approachable, and we’re all excited about the perfect cultural and business fit.

Jordan will continue to serve as executive chair of New Belgium’s board of directors, overseeing long-term strategy.

New Belgium has made two other appointments, naming Joe Davis as chief operating officer and Jenn Vervier as interim vice president of marketing. Davis, part of New Belgium’s leadership since 2013, will continue to serve as the company’s general counsel. Vervier, who has been with New Belgium for 20 years, will oversee marketing responsibilities following the recent departure of Ruairi Twomey.

New Belgium, the United States fourth largest craft brewer in 2016 according to the Brewers Association’s annual rankings, has breweries in Fort Collins and Asheville, North Carolina. In December 2012 the brewery become 100% employee owned under an Employee Stock Ownership Program.

Related articles:

Charting An Independent Course - Brewers' Guardian e-magazine, November 2015

 

 

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