Gavin Hattersley has been named as the new chief executive of MillerCoors, the joint venture between SABMiller and Molson Coors Brewing Co.

Hattersley, who is the chief financial officer of Molson Coors, has been serving in the chief executive role on an interim basis since 1 July. He succeeds Tom Long, who retired on 30 June.

Molson Coors has begun the process of identifying Hattersley’s successor as chief financial officer. Hattersley will remain in a dual capacity until mid-November.

Pete Coors, chairman of the MillerCoors and vice chairman of Molson Coors, said: “Gavin is the right person to lead MillerCoors forward. Gavin has a great handle on what needs to be done to achieve growth at MillerCoors and he has the complete confidence of the Board, the employees and the distributor network to achieve this aspiration.”

“I am humbled and honored to lead MillerCoors forward,” said Hattersley. “The passion and energy that our employees and distributors have for growing this business is awesome. We have a lot of work to do to meet our ambitious goals, but we have the people, brands and firepower to do it. My job is to galvanize and focus our collective efforts and inspire the company to take smart risks, execute the right ideas and, ultimately, grow our total volume and shareholder value.”

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