BrewDog, the brewer and bar operator, has begun the search for a managing director or chief operating officer to oversee its fast-growing brewing business.
The company, which last year brewed 90,000 hectolitres of beer out of its Ellon-based brewery and produced 36 different beers, is also believed to be looking for a HR director as its ramps its UK and international businesses.
David McDowall, formerly of the G1 Group, was named as the group’s managing director of retail, looking after its UK and international bars business, at the end of last year.
The group, which earlier this year launched a £25m fundraising , also recently appointed Andrew Hatherell, formerly a regional director in Asia for Anheuser-Busch Inbev, as it new head of international.
Earlier this summer, BrewDog co-founder James Watt told M&C that an international crowdfunding drive will follow the launch of its mini-bond.
Watt told M&C he is confident the company will hit its £25m target within a year. BrewDog launched the fourth round of its Equity for Punks programme in April and raised £5m in the first three weeks. With the tally standing at just under £8m yesterday the company launched a duel equity raise and mini-bond through Crowdcube.
“This is a year-long campaign with a huge target of £25m and we always planned to have several peaks throughout that. You saw a lot of activity around the initial launch and now we are ramping it up again through Crowdcube. Later in the year we will be doing specific campaigns across Scandinavia because that’s a big area for us. There will be another one to coincide with our launch in Berlin.
“This was never going to be done in a couple of months and we knew we would have to reach new audiences so this is one more way of doing that.”
