Molson Coors Beverage Company announced that Sergey Yeskov, the President and CEO of the company's EMEA&APAC business, resigned due to personal reasons, effective October 17, 2024. Yeskov and Zagrebačka Pivovara d.o.o., a subsidiary of the company, entered into a Termination Agreement. He will be on "garden leave" until December 31, when his employment will officially end. Yeskov will receive severance equal to a year's base salary, incentive plan payout, cash equivalent for 2022 performance share unit award, and has one year to exercise vested stock options. He is bound by non-compete provisions for 12 months post-leave.
Names Mentioned: - Molson Coors Beverage Company - Sergey Yeskov - Zagrebačka Pivovara d.o.o. - Natalie G. Maciolek