Heineken's Croatian subsidiary Karlovacka Pivovara has appointed a new CEO.

The brewer confirmed yesterday (4 May) that Monique Peters had assumed the position.

Karlovacka Pivovara said: "Peters comes to replace Alle Ypma, who has until 1 May been chairman-in-office of Karlovacka Pivovara." No-one was available for comment at the company when contacted by just-drinks today.

Heineken Adria, the Croatian-based Heineken subsidiary, owns 97.48% of the brewer, with the remainder being held by private shareholders.

The company's portfolio includes Karlovacka Svijetlo lager, Rally alcohol-free beer and Karlovacka Crno dark beer.