New Belgium CEO Steve Fechheimer to Step Down After Pioneering Growth in Fort Collins Craft Beer Scene

New Belgium Brewing Co. CEO Steve Fechheimer announced in a press release on Wednesday, July 14, 2021, his decision to step down from his position at the end of the year.

#NewBelgiumBrewing #SteveFechheimer #CraftBeer

Fechheimer’s Accomplishments at New Belgium

Fechheimer has served as New Belgium’s CEO since October 2017. During his tenure, the craft brewery experienced significant growth, with a 20% increase in sales in 2018 and 2019. He also played a vital role in the company’s acquisition by Lion Little World Beverages, marking New Belgium’s transition to 100% employee-owned.

#CEO #growth #acquisition

The Search for a New CEO

New Belgium’s parent company, Kirin Holdings, announced that the search for a new CEO would begin immediately. While Fechheimer will continue to lead the company for the remainder of the year, his successor has yet to be named.

#KirinHoldings #CEOsearch

The Future of New Belgium

Despite Fechheimer’s announcement, New Belgium remains committed to the community of Fort Collins, Colorado, where the brewery was founded in 1991. The craft beer scene in Fort Collins has seen immense growth due to New Belgium’s influence, and the brewery continues to be a significant contributor to the local economy.

#FortCollins #craftbeerscene

Summary

New Belgium Brewing Co. CEO Steve Fechheimer is stepping down from his position at the end of the year after pioneering growth in the Fort Collins craft beer scene. During his tenure, Fechheimer played a significant role in the acquisition by Lion Little World Beverages and oversaw a 20% increase in sales for the brewery. The search for a new CEO has begun, and New Belgium remains committed to its community in Fort Collins. #BUSINESS