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Molson Coors Beverage Company has announced the appointment of Rahul Goyal as its new president and chief executive officer, effective 1 October 2025.

Goyal, who currently serves as the company’s chief strategy officer, will succeed Gavin Hattersley, who will remain in an advisory role until the end of the year to facilitate a smooth transition.

Goyal’s promotion comes after a 24-year tenure at Molson Coors, where he has played a pivotal role in shaping the company’s strategic direction. His extensive experience spans various executive positions, including chief information officer in the UK and chief financial officer in India.

Most recently, as chief strategy officer, Goyal has been instrumental in expanding the company’s portfolio and driving its 'beyond beer' strategy, which includes successful partnerships with brands like The Coca-Cola Company and Fever-Tree.

David Coors, chair of the board, commented: “After an extensive CEO succession process, it was clear that Rahul brought the right experience and vision needed to drive the next phase of growth for Molson Coors”.

Coors also highlighted Goyal’s strong institutional knowledge and his eagerness to introduce innovative thinking that aligns with the company’s strategic priorities.

Goyal’s track record of fostering partnerships and managing acquisitions, including those of Zoa and Naked Life, positions him well to lead Molson Coors through an evolving beverage landscape.

His appointment comes at a time when the company is looking to capitalise on emerging consumer trends and expand its reach beyond traditional beer offerings.

In his statement, Goyal acknowledged the challenges and opportunities ahead. “I am honoured to take on the CEO role and lead this company towards its next chapter of growth,” he said.

Goyal emphasised the importance of leveraging Molson Coors’ legacy of strong brands and a dedicated workforce to meet the demands of today’s market.

Outgoing CEO Gavin Hattersley praised Goyal’s dedication and results-driven approach, noting that he has consistently demonstrated the ability to apply purpose and clarity to his work. “I have no doubt that he will inspire this team and lead Molson Coors to its full potential,” Hattersley remarked.

With Goyal at the helm, Molson Coors is expected to continue its expansion into non-alcoholic beverages and flavoured options, reflecting a broader industry trend towards diversification.

The company’s portfolio includes well-known brands such as Coors Light, Miller Lite and Blue Moon, alongside newer entries in the seltzer and spirits categories.