BNET Industries
Market Cap:$415.9M
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 Spice and Extract Manufacturing: 311942
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 company inc. - All News and Analysis
Samuel Adams Taps Patriot Homebrew Contest Winner
FOOD AND BEVERAGE CLOSE-UP-30 April 2008-Samuel Adams Taps Patriot Homebrew Contest WinnerC2008 - CloseUpMedia - newsdesk@closeupmedia.com The Boston Beer Company, brewers of Samuel Adams beers, announced that Adam Walsh, a homebrewer from Massachusetts, and his recipe for an IPA India Pale Ale beat out entries from all over New...
Boston Beer Voluntarily Recalls Select Bottles of Samuel Adams Beer
BOSTON -- The Boston Beer Company BBC today announced a voluntary recall of select 12 oz glass bottles of its Samuel Adams beer which may contain small grains or bits of glass. The precautionary recall comes after routine quality control inspections at the Company's Cincinnati brewery detected defects in certain...
Kick the Quality up a Notch for Football Parties
Craft Beers and "Small Plates" Are Hottest Restaurant Trends In the U.S. The Question is: Will This Craze Reach Home Chefs in 2008? BOSTON -- In 2007, restaurants around the country reported increased demand for high quality, craft brewed beers, according to a chef survey published recently by...
The Holiday Wish List of American Craft Beer Lovers Comes True This Season with the 2007 Batch of Samuel Adams Utopias®
As the Craft Beer Universe Continues its Rapid Expansion, Samuel Adams Utopias "Boldly Goes" Where No Craft Beer Has Gone Before. Fourth "Vintage" Extreme Beer Defines the Farthest End of Craft Beer's Flavor and Complexity Spectrum BOSTON -- The craft segment of the American beer industry is on fire,...
The Boston Beer Company.(Business Briefs)
The Boston Beer Company has signed an agreement with Diageo North America, Inc. to acquire a brewery located 60 miles outside of Philadelphia, for $55 million. The purchase is expected to take place in late spring 2008, and will be a welcome addition to breweries the ...
Samuel Adams® Hallertau Imperial Pilsner Overflows with Prized Bavarian Noble Hops
Limited-Edition Extreme Beer Brewed with 12 lbs per Barrel of Hallertau Mittelfrueh Hops BOSTON -- Hops are the signature of any good beer, adding to its aroma, character, and flavor. Samuel Adams is celebrating great hops and offering a distinct, full-flavored craft brew with the release of Samuel Adams([R])...
Boston Beer Company
The first thing guests will notice about this beer when they pour it is the color. Samuel Adams' famous Octoberfest has a rich, golden amber hue, and its blend of four roasts of barley creates flavors of caramel and toffee. For more information visit online at www.bostonbeer.com. [ILLUSTRATION...
Boston Stock Exchange - Erroneous Trading in Boston Beer Company, Inc
BOSTON -- The Boston Stock Exchange, Inc. Regulation Department BSER announced that, on Wednesday July 18, 2007, 172,500 shares of SAM stock were erroneously traded during a quality assurance testing session, which may have had an impact on the market. BSER has contacted both the Securities and Exchange Commission...
Boston Beer Company
Samuel Adams Boston Lager offers a full, rich flavor that is both balanced and complex. Its hand-selected German Noble hops give the beer a smooth body and a wide spectrum of malt flavors from slightly sweet to caramel to slightly roasted. For more information visit online at www.bostonbeer.com. ...
John Geist
The Boston Beer Company has promoted its national sales manager, John Geist, to vice president of sales. Geist has worked for Boston Beer for around ten years, having previously been both a national sale director and division manager, the company said.
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 |
Executive News
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Marketing Meddling Sparks Brain Drain at Chaotic Pepsi
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