Anheuser-Busch InBev announced that Felipe Dutra, Chief Financial and Technology Officer, will step down after a long and distinguished career with the company. Fernando Tennenbaum has been appointed Chief Financial Officer (CFO). David Almeida will become Chief Strategy and Technology Officer and Nelson Jamel has been appointed Chief People Officer. They will be part of the company’s Senior Leadership Team (SLT) and report to the Chief Executive Officer (CEO), Carlos Brito. Fernando Tennenbaum will also join the Executive Committee.
According to the company, the changes above are part of a well-established succession plan and will be effective after AB InBev’s Annual Shareholders’ Meeting, to be held on 29 April 2020. Felipe Dutra will remain with the company during a transition period of several months after the succession is effective.
Carlos Brito, CEO, stated: “Felipe’s departure is bittersweet. For nearly 30 years, he has been a champion of our company and a fantastic partner to me and the members of our Senior Leadership Team as we grew the company. Felipe feels that now is the right time to embark on new projects, and we are respectful of his decision. Felipe’s contributions to AB InBev are hard to overstate. [...] He has played a key role in the creations of Ambev and InBev, as well as in our landmark combinations with Anheuser-Busch, Grupo Modelo and SAB. In the last few years, he has also driven the creation of our leading Technology function. Perhaps most importantly, he developed a strong bench of internal talent for both Finance and Technology as part of his legacy. We are very grateful to Felipe and wish him the best of luck in his future endeavors.”
Fernando Tennenbaum, incoming CFO, is a 15-year veteran of the company and presently serves as Vice President of Finance for the company’s South America Zone, as well as Chief Financial and Investor Relations Officer of its Brazilian subsidiary Ambev S.A. Concurrently, Ambev S.A. has announced that Lucas Lira will be replacing Fernando Tennenbaum as Chief Financial and Investor Relations Officer, as of 29 April 2020.
Chief Strategy and Technology Officer: David Almeida, who currently serves as Chief People and Strategy Officer, will become Chief Strategy and Technology Officer. He joined AB InBev 22 years ago and has broad experience, spanning across geographies and functions (including Finance, Sales, Integration, Strategy and People). David Almeida has been a member of the Senior Leadership Team since November 2015 and of the Executive Committee since July 2019.
Chief People Officer: Newly appointed Chief People Officer, Nelson Jamel, joined the company over 22 years ago and has had significant international experience in his career. He is currently the Vice President of Finance and Technology for the North America Zone. In his new role, he will be responsible for all matters related to AB InBev’s people, including talent attraction and development, employee experience, capabilities and learning, as well as compensation and benefits.
Executive Committee: As of 29 April 2020, AB InBev’s Executive Committee will be comprised of the Chief Executive Officer, Carlos Brito, the Chief Financial Officer, Fernando Tennenbaum, the Chief Strategy and Technology Officer, David Almeida, and the Chief Legal and Corporate Affairs Officer, John Blood.