Carlos Brito | |
|---|---|
 Brito in 2011 | |
| Born | Carlos Alves de Brito 8 May 1960 Rio de Janeiro, Brazil |
| Alma mater | Federal University of Rio de Janeiro Stanford University |
| Occupation(s) | CEO, Belron |
| Term | 2023–present |
| Spouse | Belinda Brito |
| Children | 4 |
Carlos Alves de Brito (born 8 May 1960) is a Brazilian businessman who is CEO of Belron, and was CEO of Anheuser-Busch InBev from 2008 to 2021. [1]
Born on 8 May 1960 in Rio de Janeiro, Carlos Alves Brito, a Brazilian citizen, was educated at St. Ignatius College, holds a degree in mechanical engineering from the Federal University of Rio de Janeiro, and an MBA from Stanford Graduate School of Business. [2] [3] [4]
Brito has described Jorge Paulo Lemann as a mentor. [5]
Brito was named on Barron's list of the world's 30 best CEOs in 2012. Barron's said, Brito "has turned a South American brewer into the globe’s largest beer company, capped by the $52 billion purchase of Anheuser-Busch in 2008. Already, he’s boosted that unit’s profit margins by 10 percentage points.” [6]
After graduating, Brito worked for Shell Oil and Daimler Benz. In 1989, he joined Brazilian beer and soft drinks company Brahma, [7] which merged in 1999 with Companhia Antarctica Paulista to form AmBev. [8]
At Ambev, Brito held various positions in finance, operations and sales, before being appointed CEO in January 2004. [9] Headquartered in São Paulo, Ambev became Brazil's largest beer company. [10]
In 2004, AmBev merged with Belgium’s Interbrew, owner of traditional beer brands Beck's and Stella Artois, to create InBev. [11]
Brito was appointed Zone President North America in January 2005 and then CEO in December 2005. InBev’s earnings margin (before taxes and depreciation) rose from 24.7 percent in 2004 to 34.6 percent in 2007. Its stock price nearly tripled during the same period. [12]
In July 2008, Anheuser-Busch’s board of directors accepted InBev’s takeover bid of $52 billion, or $70 per share. Brito led the transaction and remained CEO of the enlarged group. [13]
Brito sold $9.4 billion in Anheuser-Busch assets, including Busch Gardens and SeaWorld. Trevor Stirling, a beer industry analyst at Bernstein Research (AB), said Brito made the company "enormously more profitable." [12]
In October 2016, Brito led the acquisition of SABMiller at a purchase price of $102.85 billion, one of the largest corporate mergers in history. The deal was backed by 95% of SABMiller shareholders. [14] Brito remained CEO of what is now the world's largest brewer, with approximately 170,000 employees producing more than 25% of the world's beer, including the labels Stella Artois, Corona and Budweiser. [15] [16] [17]
In July 2021, Brito left AB InBev and was succeeded as CEO by Michel Doukeris. [18] During Brito's tenure as CEO, from 2005 to 2020, AB InBev's market capitalization increased from $26 billion to $141 billion, annual revenue increased from $14.5 billion to $46.88 billion, normalized EBITDA increased from $4.14 billion to $17.32 billion, and normalized EBITDA margin increased from 28.6% to 36.9%. [19]
Brito lives in Greenwich with his wife. [20] They have four children. [2]
Interbrew is subsidiary of Anheuser-Busch InBev SA/NV is based in Breda, Netherlands. It has one subsidiary, Ambev S.A. of São Paulo, Brazil.
Anheuser-Busch Companies, LLC is an American brewing company headquartered in St. Louis, Missouri. Since 2008, it has been wholly owned by Anheuser-Busch InBev SA/NV, now the world's largest brewing company, which owns multiple global brands, notably Budweiser, Michelob, Stella Artois, and Beck's.
South African Breweries is a major brewery headquartered in Johannesburg, South Africa and was a wholly owned subsidiary of SABMiller until its interests were sold to Anheuser-Busch InBev on 10 October 2016. South African Breweries is now a direct subsidiary of Anheuser-Busch InBev SA/NV.
SABMiller plc was a South African multinational brewing and beverage company headquartered in Woking, England on the outskirts of London until 10 October 2016 when it was acquired by AB InBev for US$107-billion. It was the world's second-largest brewer measured by revenues and was also a major bottler of Coca-Cola. Its brands included Foster's, Miller, and Pilsner Urquell. It operated in 80 countries worldwide and in 2009 sold around 21 billion litres of beverages. Since 10 October 2016, SABMiller is a business division of AB InBev, a Belgian multinational corporation with headquarters in Leuven.
Foster's Group Pty. Ltd. was an Australian beer group with interests in brewing and soft drinks, known for Foster's Lager, now called Carlton & United Breweries since the company was renamed in 2011. Foster's was founded in 1888 in Melbourne, Victoria by two American brothers, who sold the brewery a year later.
Topvar Breweries is a beer brewing company in Slovakia. The company was created by the merger of the Šariš and Topvar breweries on 1 January 2007, after both were purchased by global brewing giant SABMiller in 2006. Subsequently, as part of the agreements made with regulators before Anheuser-Busch InBev was allowed to acquire SABMiller in October 2016, Topvar was sold to Asahi Breweries of Japan on December 13, 2016; the deal is expected to close during the first half of 2017.
Ambev, formally Companhia de Bebidas das Américas and Companhia Brasileira de Bebidas, is a Brazilian brewing company now merged into Anheuser-Busch InBev. Its name translates to "Americas' Beverage Company", hence the "Ambev" abbreviation. It was created on July 1, 1999, with the merger of two breweries, Brahma and Antarctica. The merger was approved by the board of directors of the Brazilian Administrative Council for Economic Defense (CADE) on March 30, 2000. The organization's headquarters are in São Paulo, Brazil. It is one of the largest companies by market capitalization in Brazil and in the Southern hemisphere.
Castle Brewery is one of the oldest commercial breweries in South Africa. As company-endorsed legend would have it, the company was founded by Charles Glass in Johannesburg in 1894. UCT history professor Anne Kelk Mager has argued that the official SAB story overemphasized the role of Charles and that it was his wife Lisa Glass who was primarily responsible for the creation of Castle. It later merged with other breweries to form South African Breweries, which still later merged with Miller of the United States to form SABMiller.
The Asahi Group Holdings, Ltd. is a Japanese beverage holding company headquartered in Sumida, Tokyo.
Kompania Piwowarska is a Polish brewing group based in Poznań, established in 1999. Since 2017 it has been owned by Asahi Breweries. Kompania Piwowarska currently has three breweries: Lech Browary Wielkopolski in Poznań, Tyskie Browary Książęce in Tychy and Browar Dojlidy in Białystok. Tyskie Browary Książęce, one of the oldest breweries in Europe, was founded in 1629.
Brazil is the world's third largest beer market with total volume at 139 million hectoliters, and per capita consumption 61 liters in 2016.
Jorge Paulo Lemann is a Brazilian billionaire investment banker, businessman, and former tennis player with dual Brazilian and Swiss citizenship. Lemann co-founded global investment firm 3G Capital, which owns brands such as Burger King, Anheuser-Busch and Heinz. He became the richest person in Brazil in March 2023, with a net worth of US$17 billion.
SABMiller was one of the top five global brewing companies, and had a range of over 150 beers, including international beers such as Pilsner Urquell, and Miller Genuine Draft, and local ones such as Gambrinus and Castle Milk Stout.
Anheuser-Busch InBev SA/NV is the largest beer company in the world. It had 200 brands prior to the merger with SABMiller on October 10, 2016. The combined ABInBev/SAB Miller entity has approximately 400 beer brands as of January 2017.
Anheuser-Busch InBev SA/NVFlemish pronunciation:[ˈɑnɦɔizərˈbuɕˈɪmbɛf]), commonly known as AB InBev, is a Belgian-Brazilian multinational drink and brewing company based in Leuven, Belgium and is the largest brewer in the world. In 2023, the company was ranked 72nd in the Forbes Global 2000. Additionally, AB InBev has a global functional management office in New York City, and regional headquarters in São Paulo, London, St. Louis, Mexico City, Bremen, Johannesburg, and others. It has approximately 630 beer brands in 150 countries.
InBev was a brewing company that resulted from the merger between Belgium-based company Interbrew and Brazilian brewer AmBev which took place in 2004. It existed independently until the acquisition of Anheuser-Busch in 2008, which formed Anheuser-Busch InBev. InBev had operations in over 30 countries and sales in over 130 countries. In 2006, it had a market capitalization of €30.6 billion and net profit of €3.2 billion on sales of €13.3 billion.
Anheuser-Busch, a wholly owned subsidiary of Anheuser-Busch InBev SA/NV, is the largest brewing company in the United States, with a market share of 45 percent in 2016.
Alan Jon Clark is a South African businessman. On 22 April 2013, he became the chief executive officer (CEO) of SABMiller, a FTSE 100 multinational brewing and beverage company, and the world's second largest brewer.
Michel Doukeris is a Brazilian businessman who is the CEO of AB InBev, the world's largest beer company.
Cerveza Norteña is a Uruguayan beer brand started in 1947 in the department of Paysandú.
Anheuser-Busch InBev SA/NV ("AB InBev", formerly Newbelco SA/NV ("Newbelco")) (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) is pleased to announce the successful completion of the business combination with SABMiller plc ("SABMiller") (the "Combination")
Anheuser-Busch InBev SA/NV ("AB InBev", formerly Newbelco SA/NV ("Newbelco")) (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) is pleased to announce the successful completion of the business combination with SABMiller plc ("SABMiller") (the "Combination")
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