Board rigid with AB InBev, Disney and Apple’s director reshuffles
The world’s biggest brewer has finally admitted that Budweiser is a soft drink – tolerable only as a thirst quencher at a baseball stadium on a hot day after the third inning and a particularly spicy hot dog. At least that was my read of AB InBev’s decision this week to replace its chairman, Olivier Goudet.
Mr Goudet’s day job is running JAB Holdings, the investment group that has embarked on a blitz of acquisitions in recent years, from Pret A Manger to Peet’s Coffee.
The precise trigger for his departure is disputed. The Frenchman says he needs to devote...