Interbrew said Brock would take up his role on February 1. The group’s share price rose by 5% on the news. Powell, 58, is to remain as an advisor to the company, Interbrew said. There had been speculation for more than a year that he would soon retire.
BELGIUM: Interbrew names Brock as new chief
International brewing force, Interbrew, has announced that it has appointed John Brock, chief operating officer of the soft drinks and confectionery group, Cadbury Schweppes, as its new CEO, succeeding Hugo Powell who is to retire.