US brewer Garage Beer has added former Molson Coors and BeatBox Beverages executives to its leadership team.
In a statement yesterday (11 March), Garage Beer said it has appointed Patrick Brang as CFO and Andrew McGuire as chief revenue officer.
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Brang most recently worked at BeatBox, the US ready-to-drink business in which Anheuser-Busch InBev acquired a majority stake in December.
McGuire joins Garage Beer from Molson Coors, where he spent more than two decades in sales and commercial leadership roles.
Garage Beer president Brian Amicon added: “Patrick and Andrew are tremendous additions to the Garage Beer team. Patrick brings a strong track record of scaling businesses in growth mode, while Andrew adds deep experience and leadership in the beer industry.
“We are humbled and excited to have both of them helping drive the next stage of Garage Beer’s growth.”
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By GlobalDataIn his new role, Brang will take responsibility for financial strategy and operations. He is expected to work across departments to “strengthen processes, support continued revenue growth, and improve overall financial performance” as the company expands its national footprint.
In September, Garage Beer announced undisclosed investment from US investment firm Durational Capital Management.
The new investor became a “large shareholder” alongside CEO Andy Sauer, as well as siblings and NFL stars Travis and Jason Kelce.
Alongside the investment, Bill Hackett, former president of Constellation Brands’ beer division, and Rich Pascucci, former chief growth officer of Pabst Blue Ribbon, joined Garage Beer’s board.
When the deal was announced, Garage Beer said it planned to allocate the capital to its “marketing, sales force and field resources” to support its “explosive growth nationwide and deepen relationships with distributors, retailers and customers.”