Goudet will resign at AB InBev’s shareholder meeting on April 24, the beer company said in an emailed statement. His departure illustrates the growing market sway that JAB has accumulated in the beverage and restaurant industries. The investment company, which counts the billionaire Reimann family among its backers, has gone on an acquisition spree in recent years, including chains such as Pret a Manger and…
Alexandre Ricard, the chief executive officer of Pernod Ricard SA, has little room for maneuver. On one side is Elliott Management Corp. The activist investor wants the world’s second-largest distiller to slash costs and overhaul corporate governance. On the other, Ricard’s family – which expanded the business over almost half a century – is telling him to stick to a strategy that produces consistent long-term…
AB InBev NV’s earnings growth of 6.6% surpassed analyst estimates, buoyed by the performance of some brands in new markets, such as Bud Light’s debut in the UK. The earlier timing of the Chinese Lunar New Year also…