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Grupo Modelo chariman resigns from Anheuser-Busch board

Jun 20, 2008
Story Timeline:  152 days

NEW YORK -- Anheuser-Busch Cos. Inc. said Friday that Carlos Fernandez, chairman and chief executive officer of Mexican brewer Grupo Modelo, submitted his resignation Thursday as a board member of Anheuser-Busch, effective immediately. Belgian brewer InBev told Anheuser-Busch in a recent letter that its bid for the U.S. company would be affected if A-B made any significant deal with Mexico's Grupo... [read full story]                    

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Anheuser-Busch, North America, Mexico