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CANADA: Gilchrist resigns from Brick Brewing board

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Thomas Gilchrist has resigned from Brick Brewing's board of directors, the company has said.

Gilchrist has served as a board member since the company was founded in 1984.

"The company recognises the significant contribution Tom has made during his tenure of 24 years," the firm said yesterday (19 February). "The board of directors and management thank Tom for his service and dedication to Brick Brewing and wish him well in his future endeavours."

Brick Brewing Co is Ontario's largest Canadian-owned and Canadian-based publicly held brewery.

The announcement comes hot on the heels of the news that Brick Brewing founder and chairman Jim Brickman has also resigned from the Canada-based brewer's board. His resignation, announced last week, comes two months after his official retirement from the company, Brick Brewing said.

Peter Schwartz is to be the brewer's interim chairman, it said. Schwartz controls Benbrick Holdings, which is believed to hold a stake of around 35% in Brick Brewing.

Ontario-based Brick said in December that net sales in the three months to the end of October were 3.3% down on the corresponding period a year earlier, at C$7.3m (US$5.9m).


Sectors: Beer & cider

Companies: Brick Brewing Co. Ltd

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