Fevertree: £1m pay day for top boss after Molson Coors tie-up Retail The chief executive and co-founder of Fevertree has been rewarded with a pay packet of more than £1m after agreeing a “transformational” tie-up with Carling owner Molson Coors. Tim Warrillow, who set up the AIM-listed business with Charles Rolls more than 20 years ago, has taken home almost £1.1m for the company’s latest financial year. The [...]
Fevertree shares spike on ‘transformational’ deal with Molson Coors Retail Fevertree shares have soared more than 20 per cent after the drinks company announced a tie-up with Coors and Carling owner Molson Coors. The agreement will see Molson Coors handle the exclusive sales, distribution and production of the Fevertree brand in the US. Analysts were uniformly positive about the deal, and expected both businesses to [...]
Exclusive: Cobra Beer founder Karan Bilimoria steps down as chairman Entrepreneurship Lord Bilimoria isn’t shy about discussing his proudest achievements – especially when it comes to the premium lager brand, Cobra Beer. Today, however, the 63-year-old entrepreneur is recalling those moments with a touch more nostalgia, as he reveals exclusively to Morning Wire he’s officially stepped down from his role as the company’s chairman. He says [...]