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James Taylor has stepped down as chief executive of BrewDog, little more than a year after taking on the role and just months after overseeing the brewer’s acquisition by US consumer packaged goods company Tilray Brands.

Taylor, who joined BrewDog as chief financial officer in November 2023 before becoming CEO at the start of 2025, has left the business with immediate effect.

The move follows BrewDog’s £33 million sale to Tilray earlier this year, which saw the US-based cannabis and functional food and drink specialist acquire the brewer's operations across the world.

Under the new structure, the business no longer requires a standalone chief executive, with leadership responsibilities integrated into Tilray’s international operations.

Lauren Carrol, BreDog’s chief commercial officer, will continue to oversee the brand’s day-to-day operations, reporting to the president of international at Tilray Brands.

A BrewDog spokesperson said: “James successfully led BrewDog through its ownership transition. We thank him for his contributions and wish him every success in the future.”

During his tenure, Taylor guided the business through a significant restructuring programme before completing the sale to Tilray. The acquisition came after BrewDog appointed advisory firm AlixPartners to explore strategic options following a prolonged period of financial challenges.

Founded in 2007, BrewDog has grown into one of the UK’s best-known craft beer producers with a portfolio spanning premium craft beers and low- and no-alcohol brands led by its flagship Punk IPA.

Tilray said the acquisition forms part of its strategy to build a $500 million global craft beer and beverage platform. The company expects the deal to contribute approximately $200 million in annual net revenue while supporting its international expansion into new markets.