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Boston Beer CEO Michael Spillane Steps Down

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Boston Beer CEO Michael Spillane Steps Down

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Boston Beer ( (SAM) ) just unveiled an update.

The Boston Beer Company announced that Michael Spillane will step down as President and CEO on August 15, 2025, for personal reasons, and will remain in an advisory role until March 31, 2026. Jim Koch, the company’s founder and chairman, will resume the role of President and CEO, a position he held from 1984 to 2001. Spillane’s leadership saw the company through a profitable period, and he will continue to influence the company’s strategy as a board member. This leadership transition is expected to maintain the company’s strategic direction and commitment to long-term shareholder value.

The most recent analyst rating on (SAM) stock is a Hold with a $305.00 price target. To see the full list of analyst forecasts on Boston Beer stock, see the SAM Stock Forecast page.

Spark’s Take on SAM Stock

According to Spark, TipRanks’ AI Analyst, SAM is a Outperform.

Boston Beer’s overall score reflects strong financial health and a strategic stock repurchase plan. However, valuation concerns and mixed technical indicators, along with a cautious earnings outlook, moderate the positive aspects.

To see Spark’s full report on SAM stock, click here.

More about Boston Beer

The Boston Beer Company, Inc., founded in 1984, is a leading craft brewer in the United States known for its Samuel Adams beer. The company has expanded its offerings to include hard cider, hard seltzer, and hard tea, with popular brands such as Angry Orchard Hard Cider, Dogfish Head, Truly Hard Seltzer, and Twisted Tea Hard Iced Tea. Boston Beer operates taprooms and hospitality locations across several states, including California, Delaware, Massachusetts, New York, and Ohio.

Average Trading Volume: 231,790

Technical Sentiment Signal: Sell

Current Market Cap: $2.25B

Find detailed analytics on SAM stock on TipRanks’ Stock Analysis page.

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