“While there have been some headwinds out there,” says the University of Illinois College of Law graduate, “we’ve done a great job in growing the bottom line over the last few years.” The company reported earnings of almost $3.3 billion last year, and that figure nearly doubles when taking into account its 42 percent share in MillerCoors LLC.
A key strategy for growth has been exploring emerging markets. Molson Coors recently entered new brewing agreements in Spain, Russia, and Ukraine. As the company expands globally, the Foreign Corrupt Practices Act is holding its attention. “Our ethics and compliance teams have recently updated our anticorruption policies,” he says. “We’ve rolled out new training—which also covers the new [United Kingdom] Bribery Act.”
