Business & Tech
Boston Beer Company Announces CEO Change As Latest Financial Report Is Released
The Boston Beer Company, which makes Sam Adams, Truly Hard Seltzer and Twisted Tea, is announcing a change at the top.
February 29, 2024
BOSTON - The Boston Beer Company, which makes Sam Adams, Truly Hard Seltzer and Twisted Tea, is announcing a change at the top. The brewer said after releasing its latest financial results that CEO Dave Burwick is retiring after six years at the helm and will be replaced by current lead director Michael Spillane in April.
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Boston Beer founder Jim Koch said Burwick has "had a tremendous impact on our company," especially when it comes to the "beyond beer" category.
"We've grown from $850 million in revenue when he began as CEO to more than $2 billion in revenue with a portfolio of powerful brands in attractive categories today," Koch said in a statement. "He's built a strong and deep leadership team and he's positioned the company very well for ongoing success in 2024 and beyond."
Find out what's happening in Bostonwith free, real-time updates from Patch.
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