Trending 
Dutch brewer Heineken said that it has picked Rafael Oliveira, formerly of the coffee giant JDE Peet’s, to take over as chief executive on Tuesday following the January exit of his predecessor.
Oliveira said in a statement, “I am confident we will accelerate growth, drive productivity and future-fit Heineken, winning the hearts of consumers worldwide.”
However, his nomination is subject to shareholder approval, according to an AFP report.
The leadership change comes as the brewer experiences lower beer sales after six years under CEO Dolf van den Brink, who surprised the company by stepping down following a “mixed performance”.
“With Rafa at the helm, we look forward to building on Heineken’s strong foundations and continuing our journey of long-term, balanced growth,” supervisory board chairman Peter Wennink said in a statement.
In February, it announced plans to cut up to 6,000 jobs.
Then in April, the company said that beer sales slipped nearly one percent in the first quarter, citing an “increasingly complex” economic climate and higher energy prices.
