SAN ANTONIO–(BUSINESS WIRE)–Pabst Brewing Company, LLC (“Pabst”), one of North America’s largest privately owned brewing companies, today announced the appointment of Paul Chibe to succeed Eugene Kashper as President and Chief Executive Officer General, effective December 1, 2021. Kashper will remain Chairman of the Board and continue to play an active role in the company.
Kashper said, “Paul has an incredible talent for building great teams with a winning culture, and a history of growing iconic brands and executing impactful innovation. Pabst achieved healthy revenue growth in 2021 and has many promising opportunities on the horizon. The Board is confident that Paul is the right leader for this next chapter in the company’s evolution, and we look forward to partnering with Paul to build on our strong foundation and achieve great things together.
Chibe is an accomplished executive with over 30 years of experience growing consumer brands in the United States. He joins Pabst from Ferrero Group, the world’s third-largest confectionery company, where he most recently served as Global President of Sugar for most of his tenure as President and CEO of Ferrero North America, where he was responsible for Ferrero in the United States, Canada and the Caribbean. He oversaw Ferrero’s rapid category growth through organizational capability development, core business growth, M&A integration, and successful launches of leading innovations in the region.
Prior to Ferrero, Chibe was Director of U.S. Marketing for Anheuser-Busch InBev, where he created the Budweiser “Made in America” concert series and launched the Bud Light Platinum and Rita brands. He also spent more than 10 years at Wrigley in senior marketing roles for its gum and mint brands. Paul began his career at Leaf, Inc., a confectionery company that was acquired by Hershey during his tenure.
“Pabst is an iconic company with deep roots in communities across the United States. I am honored to work alongside Eugene and the rest of the hardworking and accomplished team,” said Chibe. “I have long admired the company and have a sincere connection with many of its brands. Pabst is a company with enormous unrealized potential, and now is an exciting and pivotal time in the history of the company. We will open the opportunity to build a great future for Pabst through innovation and growth.
Paul and his wife, Chalen, will reside in San Antonio, Texas, where Pabst is headquartered.
Founded in 1844, Pabst is one of the largest privately owned brewing companies in North America. Pabst’s portfolio includes iconic brands with strong ties to American heritage, such as its flagship Pabst Blue Ribbon and others such as Lone Star, Rainier, Old Style, Stag, Stroh’s and Old Milwaukee. Pabst embraces change and continually innovates to find exciting new ways to connect with consumers both inside and outside of the beer category. Our company, our people and our brands are committed to positively impacting communities across the country. For more information about Pabst, please visit www.pabst.com.