Company Snapshot: BUD  Print This Story  Email This Story  Save this Link View PR Newswire's RSS Feed  Blogs Discussing this News Release  Search Blogs that Mention this News Release  Click this link to view linked Bookmarking Services Click this link to view linked Blogging Services


Grupo Modelo Chairman and CEO Carlos Fernandez Resigns From Anheuser-Busch Board

    ST. LOUIS, June 20 /PRNewswire-FirstCall/ -- Carlos Fernandez G.,
chairman and chief executive officer of Mexican brewer Grupo Modelo, S.A.B.
de C.V., yesterday informed Anheuser-Busch Cos. Inc. (NYSE: BUD) of his
resignation from the American brewer's board of directors, effective
immediately.

    "Carlos has always provided great value as a member of our board, with
insights into the business," said August A. Busch IV, president and chief
executive officer of Anheuser-Busch. "He remains a respected colleague."

    The resignation reduces the Anheuser-Busch board to 13 members. Modelo
is the importer and distributor of the Budweiser, Bud Light and O'Doul's
brands in Mexico.

    Based in St. Louis, Anheuser-Busch is the leading American brewer,
holding a 48.5 percent share of U.S. beer sales. The company brews the
world's largest-selling beers, Budweiser and Bud Light. Anheuser-Busch also
owns a 50 percent direct and indirect interest in Modelo, Mexico's leading
brewer, and a 27 percent share in China brewer Tsingtao, whose namesake
beer brand is the country's best-selling premium beer. Anheuser-Busch
ranked No. 1 among beverage companies in FORTUNE Magazine's Most Admired
U.S. and Global Companies lists in 2008. Anheuser-Busch is one of the
largest theme park operators in the United States, is a major manufacturer
of aluminum cans and one of the world's largest recyclers of aluminum cans.
For more information, visit http://www.anheuser-busch.com.



SOURCE Anheuser-Busch




Back to Topback to top

Related links:
  • http://www.anheuser-busch.com
    CONTACT:
    Terri Vogt, +1-314-577-7750, for
    Anheuser-Busch