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Budweiser Brewing Co. APAC Announces Leadership Change

Story Highlights
  • Budweiser Brewing Co. APAC Ltd. announces leadership change with Mr. Yanjun Cheng as new CEO.
  • Mr. Yanjun Cheng brings over 40 years of industry experience to his new role at Budweiser APAC.
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Budweiser Brewing Co. APAC Announces Leadership Change

The latest update is out from Budweiser Brewing Co. APAC Ltd. ( (HK:1876) ).

Budweiser Brewing Co. APAC Ltd. has announced a significant change in its senior leadership, effective from April 1, 2025. Mr. Jan Craps will step down from his roles as CEO, Co-Chair, Executive Director, and Authorized Representative, with Mr. Yanjun Cheng taking over these positions. Mr. Cheng brings over 40 years of experience in the beer and beverage industry, having held various leadership roles within AB InBev, including CEO of Harbin Group and Vice President Supply and Logistics for the APAC region. His appointment is expected to bring a wealth of expertise and continuity to the company’s operations in the Asia Pacific region.

More about Budweiser Brewing Co. APAC Ltd.

Budweiser Brewing Co. APAC Ltd., a subsidiary of AB InBev, operates in the beer and beverage industry, focusing on markets across Asia Pacific, including China, Korea, India, and Southeast Asia. The company is known for its extensive experience in brewing, procurement, logistics, and innovation.

YTD Price Performance: 25.23%

Average Trading Volume: 23,657,584

Technical Sentiment Signal: Buy

Current Market Cap: HK$125.1B

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