The Boston Beer Company Inc. has announced a leadership change effective August 15, 2025. Michael Spillane will step down as CEO to focus on personal matters but will remain on the board of directors as a non-executive director. Jim Koch, founder, brewer, and chairman of the board, will take over as CEO. Koch previously served as CEO from the company's founding in 1984 until 2001.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.