This follows the retirement in June of former CEO Tom Long. Fifty-two-year-old Hattersley had been serving as the interim CEO of MillerCoors since July 1, in addition to being chief financial officer of Molson Coors.
“Gavin is the right person to lead MillerCoors forward,” said Pete Coors, chairman of the MillerCoors board of directors and vice chairman of Molson Coors. “Gavin has a great handle on what needs to be done to achieve growth at MillerCoors and he has the complete confidence of the board, the employees and the distributor network to achieve this aspiration.”
SABMiller chief executive Alan Clark said: “Gavin knows both parent companies incredibly well and he knows the MillerCoors business better than anyone.”
“In his few short months as interim leader, he has quickly taken action across a number of areas. He has shown a deep understanding of the strategic issues facing the business and the need to prioritise returning MillerCoors to total volume growth in the years ahead.”
“Gavin combines his business knowledge with a healthy dose of impatience that’s needed at MillerCoors,” said Mark Hunter, CEO of Molson Coors. “MillerCoors has a tremendous portfolio of brands and they deserve a leader who will be able to focus all of his energy and efforts against growing the business.”
Hattersley’s appointment is effective immediately. He follows Tom Long and Leo Kiely as the previous two CEOs of the MillerCoors joint venture.
Molson Coors has begun the process of identifying Hattersley’s successor as CFO. Hattersley will remain in a dual capacity as MillerCoors CEO and CFO of Molson Coors until mid-November.
