Molson Coors Brewing CEO Peter Swinburn To Retire, Mark Hunter To Succeed

(RTTNews) - Molson Coors Brewing Co. (TAP, TAP-A, TAP) Friday said that after a 40-year career in the beer business, Peter Swinburn, Chief Executive Officer and President, has decided to retire from the company and its Board of Directors on December 31.

The Board has named Mark Hunter, currently CEO and President of Molson Coors Europe and a 25-year industry veteran, CEO and President of Molson Coors, effective upon Swinburn's retirement. At that time he will also join the company's Board.

Swinburn, 61, who has served as Molson Coors' CEO since 2008, will continue to lead the company until his retirement, working closely with the Board and Hunter to ensure a smooth transition.