Pursuits
Anheuser-Busch InBev to Dominate Combined Brewer’s Leaders
- Management board to include one executive from SABMiller
- SABMiller offices in Miami, Hong Kong, Beijing to be shut
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Anheuser-Busch InBev NV’s senior management team that will lead the company after its $103 billion takeover of SABMiller Plc is completed includes just one executive from the acquired brewer.
AB InBev will dominate the 17-person executive board, which contains one SABMiller manager -- South Africa managing director Mauricio Levya, who will run the Middle Americas region. AB InBev Chief Executive Officer Carlos Brito will lead the combined entity, to be headquartered in Leuven, Belgium, with a so-called global functional management office in New York, the maker of Budweiser said in a statement. Mark Bowman, SABMiller’s longtime African chief, will remain for a transitional period of at least six months, AB InBev said.