NRI PULSE STAFF REPORT
Chicago, September 23, 2025: Molson Coors Beverage Company has announced the appointment of Rahul Goyal as its next President and Chief Executive Officer, effective October 1. Goyal, who has been with the company for more than two decades, will also join the board of directors. The current CEO, Gavin Hattersley, will step down from his role but remain in an advisory position through the end of the year to ensure a smooth transition.
Goyal, 49, has been serving as Chief Strategy Officer since 2019 and has played a central role in Molson Coors’ expansion beyond its traditional beer portfolio. Under his leadership, the company forged partnerships with The Coca-Cola Company and Fever-Tree and acquired non-alcoholic and alternative beverage brands such as ZOA and Naked Life. His experience within Molson Coors is wide-ranging: he has served as Chief Financial Officer for the India business, Chief Information Officer in the UK, and has held senior roles in corporate strategy, mergers and acquisitions, and commercial operations.
Born and educated in India, Goyal earned a bachelor’s degree in mechanical engineering from Mysore University before moving to the United States, where he completed both an MBA and a master’s degree in information systems at the University of Denver. Before joining Molson Coors in 2001, he worked as an engineer in India.
His appointment signals the board’s preference for continuity and steady execution at a time of rapid change in the global beverage industry. Analysts note that Goyal’s record of driving “beyond beer” growth positions him to build on Molson Coors’ diversification efforts while also navigating challenges in the company’s core beer business, which faces shifting consumer preferences and rising competition from craft and non-alcoholic alternatives.
Hattersley’s decision to remain as an advisor until year-end is expected to ease the leadership handover, but investors will be watching closely as Goyal takes the reins. With compensation details including a $1.1 million base salary and a bonus target set at 150 percent of base pay, expectations are high for results.
The appointment of Rahul Goyal underscores Molson Coors’ belief that its future lies in balancing tradition with innovation. The company’s ability to maintain its core strengths while expanding into new categories will be the test of Goyal’s leadership in the years ahead.
