Beverages

Molson Coors Names Waters Chief Corp. Strategy Officer

And former Starbucks, Coca-Cola exec appointed to internal financial post
DENVER & MONTREAL -- Global brewer Molson Coors has announced that Bill Waters, 42, has been named the company's new chief corporate strategy officer, reporting to Kandy Anand, president of Molson Coors International (MCI). Waters has been with Molson Coors for nearly 20 years serving in various senior roles across the finance team including CFO of Coors Brewing Co., vice president of finance for MCI, as well as other roles in corporate planning and commercial finance.

A search is underway to identify Waters' replacement in his current role as controller and chief accounting [image-nocss] officer. Waters will assume his new role once a suitable successor as chief accounting officer has been identified; therefore, he will continue to serve in his current role and be responsible for the preparation of the company's financial statements, including its upcoming annual report on Form10-K.

Molson Coors also announced today that Christine Watkins has been appointed to lead the company's internal audit function, reporting to the chief financial officer and the audit committee of the board of directors. Watkins is an accomplished financial professional with more than 15 years of senior management experience across operations, strategic planning, and financial analysis and reporting at leading consumer packaged goods companies. Watkins, 44, assumes the role, effective February 28, 2011.

Most recently, Watkins served as director of operations for Starbucks in the southeastern region, leading the strategic and operational plans for more than 80 Starbucks stores. Earlier in her career at Starbucks, she served as the financial director for the company's eastern U.S. division.

Prior to her time at Starbucks, Watkins was director of finance for Coca-Cola's southeastern region and national logistics, and also served as director of corporate consolidations, planning and analysis.

Molson Coors Brewing is a leading global brewer delivering extraordinary brands that delight the world's beer drinkers. It brews, markets and sells a portfolio of leading premium brands such as Coors Light, Molson Canadian, Carling, Blue Moon and Keystone Light across North America, Europe and Asia. It operates in Canada through Molson Coors Canada; in the United States through MillerCoors; and in the U.K. and Ireland through Molson Coors UK.

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