Ambev S.A. Announces Resignation of Carlos Alves de Brito as Co-Chairman and Effective Member of the Board of Directors, Effective as of July 1, 2021
May 13, 2021 at 06:11 am EDT
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Ambev S.A., at the Meeting of the Board of Directors held on May 11 and 12, 2021 acknowledged the resignation request presented by Mr. Carlos Alves de Brito, effective as of July 1, 2021, informing his decision to resign from his positions of Co-Chairman and effective member of the company's Board of Directors.
Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces, distributes and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company's activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, El Salvador, Honduras, Nicaragua, Barbados and Panama; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile; and Canada, represented by Labattâs operations, which comprises sales in Canada and some exports to the U.S. market. The Company markets products under various brand names, such as Adriatica, Brahma, Leffe, Budweiser, Corona, PepsiCo and Lipton. It is a subsidiary of Interbrew International BV.