BNET Industries

Market Cap:$418.3M
Last Fiscal Year Sales:$341.6M
- Public
- US
Dow Jones Description
The Boston Beer Company is America's leading brewer of handcrafted, full-flavored beers. Founder and Brewer, Jim Koch, brews Samuel Adams beers using the time-honored, traditional four-vessel brewing process, and the world's finest all-natural ingredients. With 18 distinctive, award-winning styles of beer, Samuel Adams offers discerning beer drinkers a variety of brews. The brewery has won more awards in international beer-tasting competitions in the last five years than any other brewery in the world. Samuel Adams is an independent brewery and has half of a percent of the domestic beer market. The Company's flagship brand, Samuel Adams Boston Lager , is brewed using the same recipe and processes that Jim Koch's great-great grandfather used in the mid 1800s. The result is a beer renowned by drinkers for its full flavor, balance, complexity, and consistent quality. For more information, visit www.samueladams.com. The Boston Beer Company, Inc. 2007 Annual Shareholder Meeting will be held Thursday, May 31st.
Chief Executive Officer
Martin F. RoperNumber of Employees 775
Peer Companies
NAICS Code Breweries: 312120
Recent Events
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BUSINESS IN BRIEF: Borders closing nearly 200 Waldenbooks, Borders Express stores
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The Beer Nut: Sam Adams rolls out new barrel-aged beers
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StockScouter's 50 top stocks for September
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Boston Beer Reports Second Quarter 2009 Results
News & Analysis
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boston beer co. inc. - All News and Analysis
The Boston Beer Company, Inc. F4Q08 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from James Watson with HSBC. James Watson - HSBC I will start with volume. I would like a clarification. You said the core shipments through March year-to-date were down 14%, but the underlying volume was down 2%. ...
Boston Beer: Distribution Muscle Via Availability at Wal-Mart
Nadav Manham submits: Back to my favorite subject--the beer industry. The NYT had a short interview with Boston Beer Company SAM CEO Jim Koch. Note Koch's statement that his company's sales are growing in Wal-Mart WMT. This is important and a big stat to watch. As...
Eleven Investments in Vice and Virtue
Chris Gottschalk submits: Ladies and gentlemen, let me assure you that the sin trade is doing pretty well these days. If you're willing to stop listening to the niggling objections your conscience might raise, you can manage to turn a pretty nice profit. Your Profits Go Up in Smoke by...
The Boston Beer Company, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We have a question from Andrew Kieley – Deutsche Bank. Andrew Kieley – Deutsche Bank I just wanted to ask first on the guidance, the EPS guidance, I think last quarter when you did the adjusted EPS of the $0.35 we were adding...
Boston Beer Company Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Your first question comes from the line of Andrew Kieley with Deutsche Bank, please proceed. Andrew Kieley – Deutsche Bank Hi, good afternoon everyone. Martin Roper Hi, Andrew. Andrew Kieley – Deutsche Bank Just to start on...
Boston Beer Company Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Your first question comes from the line of Andrew Kieley from Deutsche Bank. Please proceed. Andrew Kieley - Deutsche Bank Hi good afternoon everyone. Bill Urich Hi Andrew. Martin Roper Hi Andrew Andrew Kieley - Deutsche Bank Hi, a couple of questions. First I...
Boston Beer Co. Inc. Q3 2007 Earnings Call Transcript
Earnings Call Excerpt Boston Beer Co. Inc. SAM Q3 2007 Earnings Call November 6, 2007, 4:00 p.m. ET Executives Martin F. Roper - Chief Exec. Officer, Pres Jim Koch- Founder and Chairman Bill Urich - Chief Financial Officer, Principal Accounting Officer and Treasurer Analysts Bryan Spillane...
Boston Beer Co. Inc. Announcing the Impending Broadcast of Fourth Quarter Results.
M2 PRESSWIRE-12 March 2007-International Stock Targets: Boston Beer Co. Inc. Announcing the Impending Broadcast of Fourth Quarter ResultsC1994-2007 M2 COMMUNICATIONS LTD RDATE:13032007 Boston Beer Co. Inc. (TSXV:SAM) was up 1.39 today on just over 34,000 shares traded. The...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Martin F. Roper | Chief Executive Officer |
| Jeff White | Chief Operating Officer |
| William F. Urich | Chief Financial Officer and Treasurer |
| David L. Grinnell | Vice President of Brewing |
| John Geist | Vice President of Sales |
| Robert Hall | V.P. of Brand Development |
| Thomas W. Lance | Vice President of Operations |
| C. James Koch | Clerk |
| Frederick H Grein | General Counsel |
| Jeff Waldal | |
| Peter Hartl | |
| Jean-Michel Valette | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Pearson C. Cummin III | Chair |
| Robert N. Hiatt | Chairman |
| Charles Joseph Koch | Board of Directors |
| Cummin Pearson | Board of Directors |
| David A. Burwick | Board of Directors |
| Gregg A. Tanner | Board of Directors |
| Jay Margolis | Board of Directors |
| Joseph Koch Charles | Board of Directors |
Mr. Roper was appointed the Chief Executive Officer of the Company in January 2001, after having served as the President and Chief Operating Officer of the Company since December 1999. Mr. Roper joined the Company as Vice President of Manufacturing and Business Development in September 1994 and became the Chief Operating Officer in April 1997.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Chief Executive Officer | Current |
| Boston Beer Company, Inc. | President | Current |
| Internet Virtual Expo Systems, Inc. | Advisory Board Member | Current |
| Lumber-Liquidator.Com | Director | Current |
| Boston Beer Company, Inc. | Board of Directors | Current |
| Jdmalpractice.Com | Advisory Board Member | Current |
| The Steelworks Corporation | President | Former |
| Boston Beer Company, Inc. | Chief Operating Officer | Former |
| Blocksom & Company | Executive Vice President | Former |
| Cambridge University | M.A. In Engineering | Former |
| Harvard Business School | MBA | Former |
| Cambridge University | B.A. In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Chief Operating Officer | Current |
| Boston Beer Company, Inc. | Vice President of Operations | Former |
| Boston Beer Company, Inc. | Director of Operations | Former |
| Boston Beer Company, Inc. | Distribution Manager | Former |
William F. Urich, was appointed Chief Financial Officer and Treasurer of the Company in September 2003. Prior to joining the Company, Mr. Urich had been the Chief Financial Officer of Acirca, Inc., a producer of organic foods and beverages, from 2001 to 2003. From 1998 to 2000, Mr. Urich served as Vice President Finance and Business Development for United Distillers & Vintners, a subsidiary of Diageo, PLC, and from 1995 to 1998 as its Vice President Finance and Treasurer.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Chief Financial Officer and Treasurer | Current |
| Acirca | Chief Financial Officer | Former |
David L. Grinnell, joined The Boston Beer Company in 1988 as the Manager of Brewing Operations until he was promoted to Director of Brewing and Quality in January 2001. Mr. Grinnell held this position until he was promoted to the position of Vice President of Brewing in January 2008. Prior to coming to Boston Beer, Mr. Grinnell was one of the original brewers of the New Amsterdam Brewing Company.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Vice President of Brewing | Current |
| Boston Beer Company, Inc. | Manager of Brewing Operations | Former |
John C. Geist was appointed Vice President of Sales in February 2007, after having served as National Sales Manager of the Company since 1998. Mr. Geist came to the Company in 1997 from a large alcohol beverage distributor where he had been a sales manager.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Vice President of Sales | Current |
| Boston Beer Company, Inc. | Manager, Sales, Natl | Former |
Robert H. Hall, serves the Company as Vice President of Brand Development. Prior to joining the Company in June 2000, Mr. Hall had been employed by Kellogg Company from 1993 to 2000, where he held the positions of Vice President Marketing, US Natural and Functional Foods Division, and Vice President Global Cereal Innovation, North America.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | V.P. of Brand Development | Current |
| Kellogg Company | Former |
Thomas W. Lance joined the Company in January 2007 after having served as Executive Vice President, Operations, of Ken's Foods of Marlborough, Massachusetts for more than five years. Prior to that, Mr. Lance held a number of positions in operations at Bausch & Lomb of Rochester, New York, following many years in operations at consumer food companies, namely, Welch's, General Mills and Quaker Oats.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Vice President of Operations | Current |
| Ken's Foods, Inc. | Executive Vice President | Former |
Jim Koch founded the Company in 1984 using his great-great grandfather's recipe and revolutionized the American beer industry. Samuel Adams Boston Lager® helped pave the way for the craft brewing movement, bringing rich full-flavored beer back to the American beer landscape. Mr. Koch began brewing in his kitchen and carrying his beer door-to-door to local bars in Boston. The beer caught on and today the Company brews over 18-distinctive styles of beers. Mr. Koch currently serves as the Chairman and Clerk of the Company. Until January 2001, Mr. Koch also served as the Company's Chief Executive Officer.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Clerk | Current |
| Boston Beer Company, Inc. | Chairman | Current |
| Chemicals, Inc. | Founder | Former |
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Ceradyne, Inc. | Vice President | Current |
| Quest Technology LP | Vice President and President of Ceradyne Semicon Associates Division | Current |
| Jon-Jay Associates, Inc. | Current | |
| Bois d'Arc Energy, Inc. | Current | |
| Favrille, Inc. | Current | |
| Boston Beer Company, Inc. | Current | |
| Mindray Medical International Ltd. | Current | |
| Semicon Associates, Inc. | President | Former |
| Ceradyne, Inc. | Quality Manager | Former |
| Semicon Associates, Inc. | quality manager | Former |
| University of Kentucky | B.A. In Business Management | Former |
| Ladish Co., Inc. | supervisor | Former |
| Eastern Kentucky University | M.B.A. | Former |
| University of Kentucky | B.A. In Business Management | Former |
Dr. Peter Hartl joined Ceradyne as the result of the Company's acquisition of the German technical ceramic corporation, ESK Ceramics GmbH & Co. KG, completed in August 2004. Dr. Hartl is President of ESK and also heads ESK operations. He joined ESK in 1998 as Vice President in charge of boron compounds. Prior to joining ESK, Dr. Hartl spent 11 years at ESK's former parent company, Wacker Chemie, starting in Wacker's research department and moving to the chemical regulations department as part of a management development project. He became technical support manager in Wacker's silicone division and was later appointed regional manager for silicone sealants to establish sales, marketing, production, and service operations in Singapore.
| Organization | Position | Status |
|---|---|---|
| Favrille, Inc. | Current | |
| Bois d'Arc Energy, Inc. | Current | |
| Boston Beer Company, Inc. | Current | |
| Ceradyne, Inc. | President, ESK Ceramics & Vice President | Former |
Mr. Cummin served as a general partner of Consumer Venture Partners, a Greenwich, Connecticut based venture capital firm, from January 1986 to December 2002. Mr. Cummin also serves as a Director and a member of the Compensation and Nominating/Governance Committees of Pacific Sunwear of California, Inc.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Chair | Current |
| Boston Beer Company, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Chairman | Current |
| Boston Beer Company, Inc. | Board of Directors | Current |
Charles Joseph Koch, Jr., brewmaster, now retired, worked for many years brewing traditional full-flavored beers. He studied at the Siebel Institute for Brewing Studies at a time when there were more than 600 breweries in the United States, but he left the industry in the late 1950s as Americans’ taste for full-flavored beers waned. Mr. Koch founded Chemicals, Inc., a distribution company of brewing and industrial chemicals, located in Cincinnati, Ohio, where he worked until he retired. It was Charles Koch who gave his son, Jim, the recipe for the brew that became Samuel Adams Boston Lager®, a beer his great grandfather brewed in the middle of the 19th century.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Board of Directors | Current |
| Chemicals, Inc. | Founder | Former |
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Board of Directors | Current |
Mr. Burwick is the President of PepsiCo-QTG Canada. Prior to assuming that position in November 2005, he had served as the Chief Marketing Officer of Pepsico North America since 2003. Prior to that, he had been Vice President Marketing, Consumer Promotions Sports, a position he held since 1998.
| Organization | Position | Status |
|---|---|---|
| PepsiCo, Inc. | President | Current |
| Pepsi-Cola North America | Chief Marketing Officer | Current |
| Boston Beer Company, Inc. | Board of Directors | Current |
| PepsiCo, Inc. | Senior Vice President & Chief Marketing Officer | Former |
| PepsiCo International | Executive Vice President, Commercial | Former |
| Pepsi-Cola | Former |
Tanner joined Dean Foods in November 2007 as Executive Vice President and Chief Supply Chain Officer. Before joining our company, he served as Senior Vice President, Global Operations, at The Hershey Company. Prior to his role at Hershey, he worked as Senior Vice President, Retail Supply Chain at ConAgra Foods as well as various positions at the Quaker Oats Company and Ralston Purina.
| Organization | Position | Status |
|---|---|---|
| Dean Foods Company | Chief Supply Chain Officer | Current |
| Dean Foods Company | Executive Vice President | Current |
| Boston Beer Company, Inc. | Board of Directors | Current |
| ConAgra Foods, Inc. | Senior Vice President, Retail Supply Chain | Former |
Mr. Margolis currently is an independent investor. He serves as a Director for MacGregor/Greg Norman Sports Apparel Company and Godiva Chocolatier, Inc. From October 2005 through July 2007, Mr. Margolis served as the President and CEO of the Apparel Group of Limited Brands. Before assuming that position, he had been President and Chief Operating Officer Reebok, Inc. since 2001.
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Board of Directors | Current |
| Godiva Chocolatier, Inc. | Board of Directors | Current |
| Limited Brands, Inc. | President & Chief Executive Officer, Apparel | Former |
| Liz Claiborne, Inc. | President | Former |
| Reebok International Ltd. | President & COO | Former |
| Reebok | President | Former |
| Reebok | Chief Operating Officer | Former |
| Reebok International Ltd. | Executive Vice President, Reebok's Specialty Business Groups | Former |
| Liz Claiborne, Inc. | Vice Chairman | Former |
| Queens College | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Peet's Coffee & Tea, Inc. | Chairman | Current |
| Boston Beer Company, Inc. | Director | Current |
| Select Comfort Corporation | Board of Directors | Current |
| Robert Mondavi Corporation | President | Former |
| Robert Mondavi Corporation | Managing Director | Former |
| Select Comfort Corporation | Director and Chairman | Former |
| Tea, LLC | Chairman | Former |
| Robert Mondavi Corporation | Chairman | Former |
| Tea, LLC | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Boston Beer Company, Inc. | Board of Directors | Current |
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