BNET Industries

Market Cap:$7.0B
Last Fiscal Year Sales:$4.7B
  • Public
  • US
Dow Jones Description

Molson Coors Brewing Company is one of the world's largest brewers. It brews, markets and sells a portfolio of leading premium quality brands such as Coors Light, Molson Canadian, Molson Dry, Carling, Coors, and Keystone Light in North America, Europe and Asia. It operates in Canada through Molson Coors Canada; in the US through MillerCoors; and in the U.K. and Ireland through Molson Coors UK.

Board of Directors
Pamela H. Patsley
Number of Employees 9,000
Contact Information

1225 17th Street

Suite 3200

Denver, Colorado 80202

www.molsoncoors...

303-927-2337

NAICS Code Breweries: 312120

Recent Events

  • Molson Coors Appoints Krishnan Kandy Anand President of Molson Coors International

    11/23/09 - Mgmt. Change Entering - Other - View Story

  • Molson Coors Appoints Krishnan Kandy Anand President of Molson Coors International

    11/23/09 - Mgmt. Change Entering - Other - View Story

  • Molson expands lineup in Canada

    11/19/09 - Product Announcement - View Story

  • Molson Coors TAP Approves $0.24 Per Share Quarterly Dividend

    11/12/09 - Stock Split / Dividend - View Story

  • Stocks Posting Substantial Gains In Mid-Morning Trading - U.S. Commentary

    11/05/09 - Bond / Stock Rating - View Story

  • Molson Coors earns $236.4-million in third quarter

    11/04/09 - Financial Announcement - View Story

  • Molson CEO to focus on costs, agility

    8/18/09 - Financial Announcement - View Story

  • Molson Coors profit doubles to $187.3-million

    8/03/09 - Financial Announcement - View Story

  • Molson names Perkins new CEO of Canadian division

    6/03/09 - Mgmt. Change - Entering - View Story

  • Molson Coors appoints Dave Perkins as President and CEO, Molson Canada - Quick Facts

    6/02/09 - Mgmt. Change Entering - President - View Story

  • Molson Coors TAP Boosts Qtr Dividend 20% to $0.24/Share, 2.3% Yield

    5/15/09 - Stock Split / Dividend - View Story

  • Molson Coors profit growth surprises, shares jump

    5/05/09 - Financial Announcement - View Story

  • MillerCoors says Miller Lite is venture's key 

    3/04/09 - Financial Announcement - View Story

  • Molson Coors profit misses view; shares fall

    8/05/08 - Bond / Stock Rating - View Story

News & Analysis

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finance and molson and molson coors brewing co. - All News and Analysis

Decision Makers

Name (plus bio) Position
Dave Perkins President & Chief Executive Officer, Molson Canada
Mark Hunter President & Chief Executive Officer, Molson Coors (UK)
Cathy Noonan Global Chief Shared Services Officer
Gregory L. Wade Global Chief Supply Chain Officer
Ralph Hargrow Global Chief People Officer
Samuel Walker Chief Legal Officer & Corporate Secretary
Stewart Glendinning Global Chief Financial Officer
Franklin W. Hobbs Membercompensation

Board of Directors

Name (plus bio) Position
Pamela H. Patsley Board of Directors
John E. Cleghorn Board of Directors
Peter Swinburn Board of Directors
Peter Hanson Coors Chairman
Andrew T. Molson Vice Chairman
Charles M. Herington Board of Directors
David P. O'Brien Board of Directors
Francesco Bellini Board of Directors
Geoff Molson Board of Directors
H. Sanford Riley Board of Directors
Iain J. G. Napier Board of Directors
Melissa Coors Osborn Board of Directors
Rosalind Brewer Board of Directors

Organization Position Status
Paysys International Inc., Orlando President Current
First Data Corporation Senior Executive Vice President Current
Arena Capital Partners Partner Current
Texas Instruments Incorporated Board of Directors Current
Adolph Coors Company Director Current
Arena Capital Board of Directors Current
Molson Coors Brewing Company Board of Directors Current
Dr Pepper Snapple Group, Inc. Board of Directors Current
Molson Coors Brewing Company Board of Directors Current
Dr. Pepper/Seven Up, Inc. Board of Directors Current
Pegasus Solutions, Inc. Board of Directors Current
Young Presidents' Organization Member Current
Paymentech LLC Chief Executive Officer Former
First Data Merchant Services Corporation President Former
Cardservice International, Inc. President, First Data Intl Former
First Data International ANZSA President Former
Paymentech LLC President Former
First USA, Inc. Chief Financial Officer Former
Paymentech LLC Founding Director Former
First USA, Inc. Officer Former
KPMG International NA Former
University of Missouri B.S. Business Administration Former
First Data Corporation Member Former

Mr. Cleghorn is Chairman of the Board and a director of Molson Coors Brewing Company. He is the retired Chairman and Chief Executive Officer of Royal Bank of Canada and is a member of the Desautels Faculty of Management Advisory Board and Governor Emeritus of McGill University, Immediate Past Chairman and a director of Historica Foundation of Canada, Chancellor Emeritus of Wilfrid Laurier University and a director of the Atlantic Salmon Federation. Mr. Cleghorn graduated from McGill University with a B. Com. and is a chartered accountant.

Organization Position Status
McGill University B.Comm Current
Finning International, Inc. Director Current
Molson Coors Brewing Company Board of Directors Current
Nortel Networks Corporation Director Current
Canadian Pacific Railway Limited Director Current
SNC-Lavalin Group Inc. Board of Directors Current
Royal Bank of Canada Chief Executive Officer Former
Royal Bank of Canada Chairman, Board of Directors Former
SNC-Lavalin Group Inc. Chairman, Board of Directors Former
Canadian Pacific Railway Limited Chairman Former
Mol-Son Director Former

Organization Position Status
Molson Coors Brewing Company President & Chief Executive Officer, Molson Canada Current
Molson Coors Brewing Company President USA Former
Molson Coors Brewing Company President, Global Brand and Market Development Former
Mol-Son Chief Commercial Officer Former
Molson Canada Chief Former
Molson Coors Brewing Company Global Chief Commercial Officer Former
Molson Canada Officer Former

"Mr. Hunter brings more than 19 years of Molson Coors experience to his recently appointed role of president and chief executive officer of Coors Brewers Europe and Asia. Prior to his new role, Hunter served as chief commercial officer for Molson Canada where responsible for all sales and marketing activities. Hunter has worked in a number of senior roles since he joined in 1989, including managing the export markets and business unit strategy for Bass Brewers and marketing management of the Carling brand. He also has served on the board of Bass Brewers as marketing director and the board of Coors Brewers Ltd. Before joining the company in 1989, he held a variety of sales positions with Hallmark Cards and Bulmers Drinks. Hunter holds a Bachelor Honours degree in Marketing and Business Administration from the University of Strathclyde in Glasgow, Scotland. "

Organization Position Status
Molson Coors Brewing Company President & Chief Executive Officer, Molson Coors (UK) Current
Coors Brewers Ltd. CEO Current
Coors Brewers Ltd. Chief Executive Current
Coors Brewers Ltd. Director, Marketing Former

"Mr. Swinburn has been in the global beer industry for more than 34 years with an expertise in international market expansion, successfully establishing a worldwide presence for Molson Coors by growing brands and introducing Coors Light into several emerging markets, including Mexico and Asia. Prior to his current role, Mr. Swinburn served as President and Chief Executive Officer of Coors Brewing Company, former U.S. subsidiary of Molson Coors Brewing Company. From 2005 to 2007, he was CEO of Coors Brewers Limited, the U.K. arm of Molson Coors, based in Burton-on-Trent, England. During this period, he was responsible for all of the company's business in the UK, Europe and Asia. Prior to the Molson and Coors merger in 2005, Mr. Swinburn served as the President of Coors Brewing Worldwide based in Golden, Colo., where he was responsible for international sales and operations and spearheaded the company's focus on global marketing opportunities and development of emerging markets. He also served as chairman of Tradeteam, a logistics company jointly owned by Coors Brewers and DHL; and a Director of Grolsch UK, a joint venture between Coors Brewers and Grolsch. Mr. Swinburn has been a board member of the British Beer and Pub Association and industry chairman of The Portman Group, a U.K. trade organization promoting alcohol responsibility. Swinburn graduated from the University of Wales in 1974 with a BSc Honours in Economics. "

Organization Position Status
Molson Coors Brewing Company President & Chief Executive Officer Current
Molson Coors Brewing Company Board of Directors Current
Coors Brewers Ltd. Chief Operating Officer Former

"Ms. Noonan brings more than 15 years of experience to her current role at Molson Coors Brewing Company. She has served in multiple executive operational capacities within the company, overseeing supply chain management and cost management responsibilities for Molson Inc. Previously, Ms. Noonan served as the senior vice president of planning for Hudson’s Bay Company, Canada’s largest department store retailer. Her experience also includes managing logistics for Maple Leaf Meats. A native of Quebec City, Quebec, she holds a Bachelor of Science degree in biochemistry, a Bachelor of Applied Science in chemical engineering and a Certificate of Business Administration, all from the University of Ottawa. "

Organization Position Status
Molson Coors Brewing Company Global Chief Shared Services Officer Current
Molson Brewery Senior Vice President Current
Mol-Son Senior Vice President Former
Molson Coors Brewing Company Senior Vice President of Global Costs at Molson Inc. Former
Hudson's Bay Company Former
University of Ottawa Bachelor of Science degree (Biochemistry) Former
University of Ottawa Certificate of Business Administration, All Former

"Prior to his current role overseeing the global supply chain that enables production of a global portfolio of Molson Coors Brewing Company’s beers, Mr. Wade served as Molson’s senior vice president of quality brewing. Before assuming this role when he joined Molson Inc. in 2001, he was corporate vice president and vice president of R&D/Q A/engineering/safety purchasing with Vlasic Foods International. Previously, from 1996 to 1998, Wade was senior director of R&D/QA of the international grocery division for the Campbell Soup Company. "

Organization Position Status
Molson Coors Brewing Company Global Chief Supply Chain Officer Current
Molson Brewery Senior Vice President Current
Molson Coors Brewing Company Senior Vice President, Quality Brewing Former
Mol-Son Corporate Vice President and Vice President Former
Campbell Soup Company Senior Director, R&D, Qa International Grocery Division Former

Organization Position Status
Molson Coors Brewing Company Global Chief People Officer Current
International Multifoods Corporation Senior Vice President, Administration, Human Resources, Research & Development and Quality Former
Duquesne Light Holdings, Inc. Former
Washington University B.A. in psychology Former

"Mr. Walker brings extensive legal experience to his role at Molson Coors, where he has served as vice president and global chief legal officer since 2005 and, previously, US & worldwide chief legal officer and group vice president at Coors Brewing Company since 2002. Walker’s experience also includes serving as a partner for 10 years at the Washington, DC law firm of Wiley Rein & Fielding, LLC, where he handled trial and non-trial matters for consumer products companies. Walker also brings US government experience to his role, having run the Employment Standards Administration, the largest agency in the US Department of Labor. He also held a sub-cabinet position in the US Department of Education and served as Assistant Clearance Counsel during the 2000 presidential transition. He received his undergraduate degree from Duke University and a Juris Doctor degree from Harvard Law School. "

Organization Position Status
Molson Coors Brewing Company Chief Legal Officer & Corporate Secretary Current
Intergovernmental Deputy Assistant Secretary Current
Colorado At Denver and Health Sciences Center Board of Directors Current
Harvard Law School J.D. degree Former

Stewart Glendinning is the Chief Financial Officer of Molson Coors Brewing Company. Glendinning was previously the Chief Financial Officer for Coors Brewers, Ltd., the UK-based subsidiary of Molson Coors Brewing Company, where he was responsible for overseeing all of the Finance and IS activities within the business. Before joining Molson Coors in 2005, Glendinning was managing director and a principal at The Hackett Group, a professional services company where he led the financial services practice and counselled clients regarding the structuring and management of their financial functions. Glendinning also built the company’s European operations from start-up. His global clients included Alcoa, HJ Heinz, Pepsi Bottling Group, Unilever and Rohm & Haas. In serving a broad array of clients, he has lived and worked across Europe, Africa, North and South America. Prior to the Hackett Group, Glendinning worked at KPMG where he played a leading role with one of the firm’s largest audit accounts while simultaneously earning a law degree at the University of Miami. During this time he also served with various organizations within the U.S. Naval Reserve, including USS Papago, SEALs and JAG (Judge Advocate General). His career at KPMG took him from the audit practice to KPMG’s World Class Finance Organization where he focused on helping CFOs to redesign their organizations for increased efficiency and effectiveness. Glendinning grew up in Africa and attended the College of William and Mary in Virginia where he obtained a BBA in Accounting.

Organization Position Status
Molson Coors Brewing Company Global Chief Financial Officer Current
Coors Brewers Ltd. Director, Finance Former

"Mr. Coors is also chairman of the MillerCoors Board of Directors and a director of Energy Corporation of America. He joined Adolph Coors Company in 1971 where he held a number of executive and management positions. Mr. Coors previously served as chairman of the board of Adolph Coors Company from 2002 to 2005, and was chief executive officer from May 2000 to July 2002. He served as a director of Coors Brewing Company, the company’s US-based subsidiary, beginning in 1973. In 2002, he was named executive chairman, and was chief executive officer from 1992 to 2000. Mr. Coors’ community involvement includes serving on the University of Colorado Hospital board, as president of the University of Colorado Hospital Foundation, and as a trustee of Johnson & Wales Corporation. He graduated from the Phillips Exeter Academy in Exeter, N.H., in 1965, attended Cornell University where he received his bachelor’s degree in industrial engineering in 1969. He earned a master’s degree in business administration from the University of Denver in 1970. "

Organization Position Status
Molson Coors Brewing Company Chairman Current
Coors Brewing Company Chairman Current
Colorado Succeeds Board of Directors Current
MillerCoors LLC Board of Directors Current
Ducks Unlimited, Inc. Board of Directors Current
Molson Coors Brewing Company Chief Executive Officer Former
Ducks Unlimited, Inc. President Former
Adolph Coors Company Vice President Former
Adolph Coors Company Chairman Former
H.J. Heinz Company Board of Directors Former
U.S. Bancorp Board of Directors Former
Energy Corporation of America Board of Directors Former
HOBY Colorado Board of Directors Former
University of Denver MBA Former

"Mr Molson is a partner and Vice-Chairman of Res Publica Consulting Group, a Montréal-based holding and management company for two leading professional services firms, National Public Relations and Cohn and Wolfe -- Canada, both offering strategic public relations counsel to a wide range of businesses. He became a member of the Québec bar in 1994 and holds a law degree from Laval University, an AB from Princeton University and a Masters in corporate governance and ethics (Msc) from the University of London (Birkbeck College). In 2003, he was elected fellow and professional administrator of the Institute of Chartered Secretaries and Administrators. He is Vice President of the Molson Foundation and a director of the McCord Museum of Canadian history, the Montréal Fluency Centre, the Ste-Justine Hospital Foundation and Concordia University. "

Organization Position Status
Molson Coors Brewing Company Vice Chairman Current
Laval University Law Degree Former
Princeton University B.A Former

"Mr Herington previously served as a director of Coors Brewing Company since 2003. Mr Herington became President for Latin America with the Avon Products Company in 2006. Before that he was President and Chief Executive Officer of America Online Latin America for seven years. (In June 2005, America Online Latin America filed a voluntary petition for Chapter 11 bankruptcy. In April 2006, the bankruptcy court approved the company's recovery and liquidation plan.) He served as President of Revlon Latin America during 1998, prior to which he held various executive positions with PepsiCo Restaurants International, including serving as Regional Vice President of Kentucky Fried Chicken, Pizza Hut and Taco Bell for South America, Central America and the Caribbean from 1990 to 1997. He also held several high level positions in management and marketing with Procter & Gamble in Canada, Puerto Rico and Mexico during the 10 years before his association with PepsiCo. He currently serves as a director of NII Holdings, Inc (formerly known as Nextel International), and ADVO Inc. "

Organization Position Status
Molson Coors Brewing Company Board of Directors Current

"Mr O'Brien previously served as a director of Molson since 2002. He has been the Chairman of the Board of Directors of the Royal Bank of Canada since February 2004. He has also been Chairman of the Board of Directors of EnCana Corporation, an oil and gas company, since 2002. He was Chairman of the Board of Directors and Chief Executive Officer of Encana Corp, a crude petroleum and natural gas developer, from 2001 through 2002 and, before that, he had been Chairman of Encana since 1991. He was Chairman of the Board of Directors, President and Chief Executive Officer of Canadian Pacific Limited, an energy, hotels and transportation company, from 1996 to 2001. He is also a director of TransCanada Pipelines Limited. Mr O' Brien is Chancellor of Concordia University and a director of the C.D. Howe Institute, a research and educational institution. "

Organization Position Status
Molson Coors Brewing Company Board of Directors Current

Organization Position Status
Innodia Inc. Chairman, President and Chief Executive Officer Current
Virochem Pharma Inc Chairman Current
Molson Coors Brewing Company Board of Directors Current
Molson Coors Brewing Company Member Human Resources and Pension Fund Committee Current
BELLUS Health Inc. Chairman, President & CEO Former
Virochem Pharma Inc CEO Former
Virochem Pharma Inc Chief Scientific Officer Former
Virochem Pharma Inc Executive Vice President Former
Adaltis Inc. Chairman Former
Adaltis Inc. Board of Directors Former
Mol-Son Board of Directors Former
University of New Brunswick Ph.D. Former
Loyola College in Maryland Bachelor of Science Degree Former

"Mr Hobbs previously served as a director of Coors Brewing Company since 2001. Mr Hobbs is a graduate of Harvard College and Harvard Business School. He served as Chief Executive Officer and director for the investment bank, Houlihan Lokey Howard & Zukin from 2002 to January 2003. He served in roles of increasing responsibility at Dillon, Read & Co. Inc, an investment bank, from 1972 through 2000, finally serving as chairman of UBSWarburg following a series of mergers between Dillon Read and SBC Warburg, and later with Union Bank of Switzerland. He has been an operating partner with One Equity Partners, a private equity investment firm, since 2004. He also serves on the Board of Directors of Lord, Abbett & Co., and is President of the Board of Trustees at Milton Academy. "

Organization Position Status
Molson Coors Brewing Company Board of Directors Current
Harvard College Director Current
Molson Coors Brewing Company Membercompensation Current
Houlihan Lokey Howard & Zukin Chief Executive Officer Former

Mr. Molson is currently Vice-President of Marketing for Molson in Quebec, where he plays a strategic role in the development of company brands and in strengthening partnerships with key stakeholders. He has worked for Molson in various roles in the US and Canada. His most recent positions at Molson USA included Vice-President of Sales and Marketing, and Vice-President of Quality and Distributor Development. In addition to the Molson family foundation to support philanthropic initiatives across Canada, Mr. Molson also serves on several non-profit boards, including St. Lawrence University and the St. Mary’s Hospital Foundation. He is also a member of the Board of the Montreal Canadiens Hockey Club, continuing the long association between Molson and the Bleu Blanc Rouge.

Organization Position Status
Molson Coors Brewing Company Board of Directors Current
Molson Canada Vice President, Customer Marketing & Events Former

Organization Position Status
James Richardson International Limited Director Current
Molson Coors Brewing Company Board of Directors Current
Investors Group, Inc. Chief Executive Officer Former
Investors Group, Inc. President Former
Mol-Son Chairman Finance Committee Former
Investors Group, Inc. Chairman Former
Mol-Son Board of Directors Former
Osgoode Hall Law School Ll.B. Former
University of Winnipeg Chancellor Former
Queen's University Former

Organization Position Status
The BOC Group plc Non-Executive Director Current
McBride Plc Chairman Current
Collins Stewart Istc Plc Board of Directors Current
Molson Coors Brewing Company Board of Directors Current
International Securities Trading Corporation Board of Directors Current
John Menzies plc Board of Directors Current
Collins Stewart Limited Board of Directors Current
Taywood Engineering Ltd. CEO Former
Taylor Woodrow plc CEO Former
Taylor Woodrow plc Group Chief Executive Former
Whitbread PLC Former
Tomkins PLC Director Former
Imperial Tobacco Group plc Chairman Current
The BOC Group plc Board of Directors Former
Collins Stewart plc Director Former
Taylor Woodrow plc Board of Directors Former

"Mrs. Coors Osborn served in a variety of managerial positions with Coors Brewing Company since 1996. Her roles include Area Manager developing strategic annual business plans for the Caribbean markets, Business Development manager with emphasis on growth in profit and market share in key Coors Brewing Company markets, Assistant Brand Manager for Coors Light developing advertising and promotional programs, and, Brand Manager managing Coors' development and implementation of marketing strategy for the Hispanic market. Currently Melissa is a Director in the MillerCoors Strategy Department where her role is to provide cross-functional project management, thought leadership, analysis and decision support for long-term company strategy on projects as identified. She earned an MBA from the University of Denver in Marketing and holds a B.S. degree from Georgetown University in Foreign Service, Latin American Studies. "

Organization Position Status
Molson Coors Brewing Company Board of Directors Current

Rosalind joined the company in 2006 as Regional Vice President of Georgia Operations. March of 2007 Rosalind was promoted to Division President of the Southeast Operating Division. Rosalind manages the sales and operating plans for the Southeast Division which consists of 800 stores and 250,000 associates. She is responsible for the strategic direction of all growth opportunities including new real estate, execution of store innovation and people development. Prior to joining Wal-Mart, Rosalind held leadership positions in various marketing, sales, and product development organizations in Kimberly-Clark. She served as the 2001 Campaign Manager for the United Way at Kimberly-Clark Corporation and is a member of the Johnnetta B. Cole Leadership Society of United Way. Rosalind is also a member of the Executive Leadership Council, serves on the Board of Councilors for the Carter-Presidential Center, a member of the Molson Coors Brewing Co. Board of Directors, and serves as a member of the board of trustees for Spelman College and Woodruff Arts Center.

Organization Position Status
The Executive Leadership Council Board of Directors Current
Molson Coors Brewing Company Board of Directors Current
Kimberly-Clark Corporation Member Compensation and Benefits Committee Current
Ican, Inc. Division President, Southeast Operations, Wal-Mart Former
Kimberly-Clark Corporation Campaign Manager Former
Spelman College B.S. In Chemistry. Former
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     TAP $43.32 -0.14 (-0.32% )
Average Volume 1,247,570
Shares Outstanding 160.36M
Market Cap 6.9B
Year High 51.3314
Year Low 31.37
Earnings Per Share 3.92
P/E Ratio 11.05
Dividend 0.96
Yield 2.22
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