Heineken-owned craft beer company Lagunitas Brewing Company has announced that its CEO, Maria Stipp, will be stepping down after five years in the position, and Heineken Canada managing director Dennis Peek has been appointed as her successor.
Stipp became Lagunitas CEO in June 2015, and oversaw the company’s full transition to Heineken in 2017, following Heineken’s decision to fully acquire the craft beer company.
During her tenure as CEO, Lagunitas has expanded into 37 countries, and has developed several new innovation including low-calorie, low-ABV products such as its DayTime beer, a non-alcoholic beer called Hoppy Refresher, as well as a cannabis-infused sparkling water called Hi-Fi Hops.
Peek, meanwhile, has held numerous roles during his time with Heineken, and assumed his new role as Lagunitas CEO and managing director on 21 February.
Commenting on Stipp’s departure, president of Heineken Americas, Marc Busain, said: “Maria has decided to pursue a different challenge in her career.
“I would like to thank Maria for her leadership over the past five years.”
Dennis Peek, added: “I am incredibly excited to continue the journey for Lagunitas’ success and growth over the next few years.
“Lagunitas is a special company and I feel extremely energized to be able to work with amazing people and fantastic products.”
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