May 17, 2020

Maggie Timoney named Heinken USA CEO, becomes first female boss of a major US beer supplier

Heineken
US beer industry
Heineken USA
North America
Tom Wadlow
2 min
Heineken
Dutch brewing giant Heineken has made history in the US by naming Maggie Timoney as its American unit’s CEO.

Timoney, who has been in the beer and c...

Dutch brewing giant Heineken has made history in the US by naming Maggie Timoney as its American unit’s CEO.

Timoney, who has been in the beer and cider industry for more than 25 years, is the first female to lead a major supplier of beer in the in the USA – Heineken is the fourth-largest player in the market with a 4% share, behind the likes of AB InBev and MillerCoors.

Heineken supplies several brands into the US including Heineken, Heineken Light, Strongbow, Amstel Light and Newcastle Brown Ale, and imports several Mexican beer portfolios like Dos Equis.

Timoney is joining Heineken USA from Heineken Ireland where she’s served as the CEO for the last five years. She began her journey at the company in 1998 in a sales planning role in America, and had also served in the Netherlands and Canada.

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Marc Busain, Heineken Americas Region President, commented: “Maggie is a competitive and energetic leader who is known for inspiring teams, operationalising plans and mobilizing organisations to deliver business results.

“She understands the challenges and opportunities that exist within the US market and she has the right mix of strategic vision, people leadership and grit to ignite future growth for Heineken USA.”

Timoney will start in September, taking over from outgoing boss Ronald den Elzen, who is returning to Heineken global HQ in the Netherlands.

Her job will be to disrupt the current monopoly held be the likes of Coors and AB InBev brands (especially Budweiser and Bud Light) in the US. 

According to Heineken, Timoney over-delivered on volume, revenue, profit and market share targets in Ireland while accomplishing year over year increases on employee engagement.

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May 17, 2020

Starbucks to open 10,000 sustainable stores in bid to save US$50mn

Starbucks
Green Energy
Renewable
Sustainability
Marcus Lawrence
2 min
Nestlé and Starbucks complete licensing deal for $7.15bn.
Starbucks has announced plans to open 10,000 “greener stores” around the world by 2025

The plans come under an initiative called the “Starbucks G...

Starbucks has announced plans to open 10,000 “greener stores” around the world by 2025

The plans come under an initiative called the “Starbucks Greener Stores Framework”, which the coffee company will develop with experts in the field such as SCS Global Services, and the World Wildlife Fund.

Kevin Johnson, Starbucks’ CEO, said in a company statement that Starbucks has a responsibility to promote environmental sustainability.

“We are a company in [sic] that believes, in the fabric of mission and values, that the pursuit of profit is not in conflict with the pursuit of doing good”.

The announcement aligns with Starbucks’ efforts over the past decade to create sustainable buildings, working in partnership with the US Green Building Council.

The company has said it will go beyond the Leadership in Energy and Environmental Design (LEED) sustainable building criteria, which it developed alongside the US Green Building Council, to focus on powering its stores in the US and Canada with 100% renewable energy.

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Starbucks plans to introduce technology to both new buildings and in renovations of existing stores that will save 25-30% on energy and water use.

Marketing Magazine said this could save Starbucks around US$50mn incrementally over the next decade.

This year, Starbucks committed to eliminate its reliance on single-use straws in 28,000 stores by 2020, and also said that it is developing compostable paper cups.

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