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March 26, 2015 8:31 PM ET

Beverages

Company Overview of MillerCoors LLC

Company Overview

MillerCoors LLC, along with its subsidiaries, engages in brewing, marketing, and selling a portfolio of crafted beers, and pear and apple ciders in the United States and Puerto Rico. The company also imports and distributes beers. It sells its products through its online merchandise stores, as well as brewery shops. The company was founded in 2008 and is headquartered in Chicago, Illinois with additional offices in Golden, Colorado; and Milwaukee, Wisconsin. It has breweries in Albany, Georgia; Eden, North Carolina; Fort Worth, Texas; Golden, Colorado; Irwindale, California; Chippewa Falls, Milwaukee, and Watertown, Wisconsin; Elkton, Virginia; and Trenton, Ohio. MillerCoors LLC operates as ...

250 South Wacker Drive

Chicago, IL 60606

United States

Founded in 2008

Phone:

414-277-5000

Fax:

414-271-3552

Key Executives for MillerCoors LLC

Chief Executive Officer
Age: 55
Chief Financial Officer
President of Tenth and Blake Beer Company
Age: 59
Chief Marketing Officer and Executive Vice President
Chief Integrated Supply Chain Officer and Executive Vice President
Age: 54
Compensation as of Fiscal Year 2014.

MillerCoors LLC Key Developments

MillerCoors LLC Launches Redd's Green Apple Ale and Redd's Wicked Mango

MillerCoors LLC has announced that Redd's brand has launched two new flavor options: Redd's Green Apple Ale and Redd's Wicked Mango. Redd's Green Apple Ale is a brilliant, light-golden beer that serves up a dose of green apple flavor with an exceptional balance of crisp and tart. At 5% alcohol by volume, the beer boasts a clean, slightly dry, yet smooth finish that complements the fun and unexpected personality of the Redd's Apple Ale brand. Redd's Wicked Mango, offers a rich, golden color and bold mango flavor rooted in crisp apple tones at 8% alcohol by volume. The flavor of Redd's Wicked Mango starts out strong but finishes smoothly for easy drinkability and a refreshingly hard kick of taste.

MillerCoors LLC Reports Unaudited Earnings and Production Results for the Fourth Quarter and Year Ended December 31, 2014

MillerCoors LLC reported unaudited earnings and production results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net sales of $1,781.8 million against $1,802.5 million a year ago. Operating income was $218.1 million against $240.5 million a year ago. Income before income taxes and non-controlling interests was $219.2 million against $240.7 million a year ago. Net income attributable to the company was $213.3 million against $237.1 million a year ago. Non-GAAP net income was $213.3 million against $241.9 million a year ago. EBITA restated was $238.7 million against $232.6 million a year ago. For the year, the company reported net sales of $7,848.4 million against $7,800.8 million a year ago. Operating income was $1,347.3 million against $1,287.4 million a year ago. Income before income taxes and non-controlling interests was $1,351.7 million against $1,287.8 million a year ago. Net income attributable to the company was $1,326.2 million against $1,270.5 million a year ago. Non-GAAP net income was $1,327.6 million against $1,290.3 million a year ago. EBITA restated was $1,421.8 million against $1,336.9 million a year ago. The company reported production results for the fourth quarter and full year ended December 31, 2014. For the quarter, total company net revenue per barrel, including contract brewing and company-owned distributor sales, increased 2.0%. Third-party contract brewing volumes were up 1.9%. For the year, total company net revenue per barrel, including contract brewing and company-owned distributor sales, increased 2.8%. Third-party contract brewing volumes were up 0.8%.

MillerCoors Announces Retirement of Tom Long as CEO on June 30, 2015

MillerCoors announced that CEO Tom Long intends to retire from the company on June 30, 2015. The MillerCoors Board of Directors has accepted Tom's decision and is conducting a search to identify a successor to lead MillerCoors through its next phase of growth and development.

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