Boulevard Brewing CEO leaves company
01/16/2014 4:13 PM
01/16/2014 7:35 PM
Mike Magoulas, the chief executive officer of Boulevard Brewing, has left the company after 15 months at the helm, an apparent casualty of its purchase by Belgian brewer Duvel Moortgat.
Magoulas, who became CEO at Boulevard in September 2012 after working as regional vice president for MillerCoors, left at the end of December after the conclusion of Duvel’s acquisition of the 25-year-old Kansas City brewery.
Magoulas described his arrival at Boulevard at the time as the capstone of his career, “truly the last hurrah.” He could not be reached for comment Thursday.
John McDonald, the founder of Boulevard and CEO before Magoulas was hired, described his departure as amiable.
“Mike helped us for a little over a year as CEO,” McDonald said. “Once the sale happened, it was probably too many cooks in the kitchen. He did a good job while he was here, and it was time to move on.”
McDonald said Daniel Krug, a Duvel executive, has been fulfilling executive functions at Boulevard on occasion, and McDonald continues to have a hand in running the company he founded in 1989.
In the meantime, the domestic sales forces of Boulevard and Duvel have merged and the marketing staffs are meeting in Cooperstown, N.Y. Duvel had acquired increasing stakes in Cooperstown-based Brewery Ommegang, another craft beer firm, and reached full ownership in 2003.
McDonald believes there ultimately will be a CEO hired for the entire U.S. operation of Duvel. He added that Jeff Krum, the chief financial officer of Boulevard, recently was named CFO of the combined U.S. Duvel operations.
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