Molson Coors’ chief commercial officer is to leave the business, a move which appears to be part of wider changes at the top of the company.
A SEC filing from Molson Coors yesterday (6 October) confirms Michelle St Jacques will step down from the company as of 14 November.
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“In connection with her departure, the company expects it will enter into a severance agreement with Ms St Jaques,” the filing read.
In a post on LinkedIn yesterday, CEO Rahul Goyal said that “starting today”, the business was to begin “realigning [its] leadership team at Molson Coors and in some cases, our organisational structure – to drive accountability and set us on the path toward future growth”.
He added: “The changes include removing layers and providing marketing, sales and commercial capabilities in the Americas with a direct line to me.”
Just Drinks has asked Molson Coors to confirm whether the CCO position is being dissolved.
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By GlobalDataLast month, Goyal was promoted from chief strategy officer, a role he had held since 2019, to CEO.
He has worked at the group for 24 years, starting at the then Coors Brewing Company in a managerial post.
Goyal also said in his LinkedIn post yesterday: “I believe we have the right priorities – growing our iconic core brands, premiumising our portfolio and scaling our beyond beer business.
“The reality is, our progress against those priorities, though meaningful, is not enough. We must transform faster and make changes that acknowledge the real challenges facing our business and the beer industry, and we must move with urgency.
“This means enabling bolder, quicker decision making through a consumer-first, customer-first mindset, with every person in our company playing their part to drive tangible results.”
