July 31, 2019 / 1:10 PM / 19 days ago

Brewer Molson Coors' CEO retires

July 31 (Reuters) - Molson Coors Brewing Co said on Wednesday Chief Executive Officer Mark Hunter was retiring after more than a decade with the brewer.

Hunter, 56, will be replaced by Gavin Hattersley, who has led Molson's U.S. business for the past four years.

Earlier in the day, the company reported lower-than-expected quarterly sales, sending its shares down about 7% before the bell. (Reporting by Nivedita Balu in Bengaluru Editing by Saumyadeb Chakrabarty)

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