Management ChangeMay 29, 2026, 05:27 PM
UNITED BREWERIES CO INC Announces Multiple Board & CEO Leadership Changes
AI Summary
Compañía Cervecerías Unidas S.A. announced significant leadership changes. Carlos Molina Solis resigned as Vice-chairman and Director, effective July 31, 2026, and was replaced by Alexandre Othenio Carreteiro. Rodrigo Hinzpeter Kirberg also resigned as Director, effective June 30, 2026, with Patricio Jottar Nasrallah appointed as his replacement. Consequently, Mr. Jottar will step down as Chief Executive Officer, and Eduardo Ffrench-Davis Rodríguez has been appointed as the new CEO, effective July 1, 2026. Additionally, changes were made to the Directors' Committee and Audit Committee.
Key Highlights
- Carlos Molina Solis resigned as Vice-chairman and Director, effective July 31, 2026.
- Alexandre Othenio Carreteiro appointed Vice-chairman and Director, effective August 1, 2026.
- Rodrigo Hinzpeter Kirberg resigned as Director, effective June 30, 2026.
- Patricio Jottar Nasrallah appointed Director, effective July 1, 2026, ceasing his role as CEO.
- Eduardo Ffrench-Davis Rodríguez appointed Chief Executive Officer, effective July 1, 2026.
- Patricio Jottar and Rory Cullinan appointed to the Directors' Committee.
- Rory Cullinan appointed to the Audit Committee, with Macario Valdés as observer.
- Full renewal of the Board of Directors expected at the next Ordinary Shareholders' Meeting.
Price Impact
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