Boston Beer (SAM) announced leadership changes effective immediately. Phil Hodges, chief supply chain officer for the company, has been named COO. In this role, Hodges will expand on his supply chain responsibilities to oversee day-to-day operations across all functions and focus on continuing to improve execution and implementing the company’s previously announced brand building and margin enhancement initiatives. He will report to Boston Beer founder, brewer, CEO and chair Jim Koch. Hodges has been CSCO of the company since May 2023 after providing supply chain consulting services since 2022. As part of this change, Phil Savastano has been promoted to chief supply chain officer – overseeing brewery management, procurement, customer service, engineering, safety, quality, and planning – reporting to Hodges. Savastano joined Boston Beer in March 2024 to lead operations for the Samuel Adams Pennsylvania Brewery.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAM:
