10 Things You didn’t Know about Anheuser-Busch CEO Carlos Brito
Carlos Brito is the Brazilian businessman who presides over Anheuser-Busch InBev as its CEO. This makes him a figure of incredible importance in the beverage business, seeing as how said corporation is a titan that was the biggest brewer in the entire world even before it bought out SABMiller in 2016. Here are 10 things that you may or may not have known about Carlos Brito:
Born in Rio de Janeiro
Brito was born in Rio de Janeiro, which is a Brazilian city that has a number of claims to fame. For example, it was the first South American city to host the Summer Olympics. However, this wouldn’t have been possible if it wasn’t for the fact that Rio de Janeiro is an economic powerhouse in Brazil, not least because it is one of the most populous cities in the whole of the Americas.
Studied At Federal University of Rio de Janeiro
Eventually, Brito went on to study at the Federal University of Rio de Janeiro, who can claim without exaggeration to be one of the best schools in the whole of Brazil. There, Brito studied the subject of Mechanical Engineering.
Studied At Stanford University
Later, Brito went on to get a MBA from Stanford University, which is, of course, one of the most famous schools not just in the United States but throughout the world. To be exact, Brito studied at the Stanford Graduate School of Business, which offers an elite MBA program that is considered to be on par with a number of other elite MBA programs found throughout the United States.
His Mentor Was Jorge Paulo Lemann
It is interesting to note that Brito’s mentor was Jorge Paulo Lemann, who is best-known for being a Brazilian investor. However, it should be mentioned that Lemann has a number of other claims to fame as well, with an excellent example being the fact that he won the national tennis championship for Brazil not once but a total of five times.
Came to His Current Position Through AmBev
Over the course of his career, Brito has worked at other companies, but tends to be most associated with Anheuser-Busch InBev via AmBev. In short, AmBev was a Brazilian corporation that specialized in beverages, which was created as the result of a merger between two previous companies. Later, AmBev was one of the corporations that merged to create InBev, which went on to purchase Anheuser-Busch to become Anheuser-Busch InBev.
He Claims That He Has No Hobbies
Brito has claimed that he has no hobbies whatsoever. Instead, the closest thing that he has to a hobby are his 30-minute workouts on his treadmill. Regardless, Brito’s claim can sound rather unbelievable, but he wouldn’t be the first person to put so much of his focus into the business that he runs rather than something else.
Sees Potential in Chinese Market
Some businesspeople have become cautious regarding the Chinese market in recent times because of President Donald Trump’s trade shenanigans. However, Brito wasn’t one of them because as he sees it, the Chinese middle class is still seeing a huge expansion that outstrips the overall rate of growth for the Chinese economy, which in turn, means huge opportunities for businesses that can cater to their needs and desires.
Overseen Much of Expansion in Chinese Market
Perhaps unsurprisingly, Brito’s Anheuser-Busch InBev controls a huge share of the Chinese market. To be exact, said corporation controls something like 20 percent of the Chinese market, which is colossal in scale because of the sheer size of the Chinese population. Moreover, the corporation has 60 percent of the higher end of the Chinese market, which is critical because the higher end comes with higher profit margins.
Stresses the Importance of the Experience
It is interesting to note that Brito has mentioned the importance of selling an experience as much as selling a product. This is the reason that Brito has gone to a fair amount of effort to pair the brands under his charge with various forms of entertainment, with examples ranging from FIFA to live-streamed music events that are popular in China.
Stresses the Importance of Values
Likewise, Brito has mentioned the importance of values, which can be seen in his corporation’s efforts to stress responsible consumption of alcohol. According to Brito, this isn’t just important for bringing in customers but also important for bringing in talent who can contribute to the corporation when they believed in its mission.
Garrett by trade is a personal finance freelance writer and journalist. With over 10 years experience he's covered businesses, CEOs, and investments. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world.
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Carlos Brito
Chief Executive Officer
Brito became the CEO of Belron on 1 March 2023. He spent 32 years at AB InBev and was CEO from 2005 until 2021. Over these 15 years, Brito transformed AB InBev into the world’s largest brewer, with a portfolio of brands including Budweiser, Corona and Stella Artois.
He grew the market capitalisation of AB InBev from $26bn in 2005 to $141bn in 2020. He has a strong commitment to investing in people, environmental stewardship and doing business responsibly. Born in Rio de Janeiro, Brito has lived in Brazil, Germany, Canada, Belgium and the US and now the UK.
He is a member of the Stanford GSB Advisory Council and the Reditus Board of Directors, a private endowment that supports students and alumnae from the Universidade Federal do Rio de Janeiro. Brito worked for Shell Oil and Daimler-Benz, prior to joining Brahma (Ambev) in 1989.
Brito has a degree in mechanical engineering from the Universidade Federal do Rio de Janeiro and an MBA from Stanford University Graduate School of Business.
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Carlos Brito to Class of 2018: What Would the World Miss if You Did Not Exist?
Anheuser-Busch InBev CEO and Stanford alumnus advised graduates to seek a higher motivation.
June 17, 2018
Class of 2018 graduates | Saul Bromberger
On Saturday, June 16, at Maples Auditorium, Anheuser-Busch InBev CEO Carlos Brito, MBA ’89, addressed 532 students with the question: What would the world miss if you were not here? Why is humanity better off because of you?
Brito encouraged the Class of 2018 to find answers by seeking a deeper meaning in their work.
“A higher order of motivation is not only about you, but about other people and the world around you,” Brito said. “As you enter this new phase, make sure you have a measure, a test, that is bigger than just you.”
Brito also encouraged the Class of 2018 to choose a challenging path that he likened to his experience at Stanford GSB, not impossible, just really hard . “You can’t let yourself be comfortable for too long,” Brito said. “If you stay too long within your comfort zone, you fall into some sort of routine and your learning curve flattens. Push yourself out of that situation, into a not impossible, just really hard situation .”
Carlos Brito, MBA ’89 and Anheuser-Busch InBev CEO | Saul Bromberger
Jonathan Levin , Philip H. Knight Professor and Dean of Stanford GSB, also addressed graduates. He encouraged them to be leaders who act with empathy, courage, and responsibility as they build a future world they may not yet be able to see.
“As today’s graduates,” Dean Levin said, “you will be in a position to help shape and guide the changes that will occur in the future. And you will have an obligation, as leaders, to do so responsibly, and to address the questions people are asking today.”
The diploma ceremony celebrated 550 awarded degrees this year:
- 104 Masters of Science (MSx)
- 1 Masters of Arts in Business Research
Of those graduates, 11% earned a joint degree:
- 20 in education
- 21 in the Emmett Interdisciplinary Program in Environment and Resources
- 7 in computer science
Public Management Program certificates were awarded to 131 graduates.
Celine Chalhoub was recognized as this year’s Ernest C. Arbuckle Award winner.
The Henry Ford II Scholar, selected for academic achievement, was earned by Jack Marzulli.
The Alexander A. Robicheck Student Achievement Award was earned by Robert McLean Mitchnick.
The George G.C. Parker Prize recipient was Sun On Gilford Law.
Forty two MBA graduates were named Arjay Miller Scholars, recognized as the top 10% academically of the graduating MBA class.
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February 27, 2018 Global Brewer CEO Carlos Brito to Deliver 2018 Commencement Address at Stanford’s Business School The chief executive of one of the world’s leading consumer goods companies and Stanford MBA alum will address the graduating Class of 2018.
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Solving the right problems: Carlos Brito on this week's Meet the Leader Podcast
Carlos Brito, Chief Executive of Anheuser-Busch InBev, taps a Stella Artois beer after a news conference in Leuven, Belgium March 1, 2018. Image: REUTERS/Francois Lenoir
.chakra .wef-1c7l3mo{-webkit-transition:all 0.15s ease-out;transition:all 0.15s ease-out;cursor:pointer;-webkit-text-decoration:none;text-decoration:none;outline:none;color:inherit;}.chakra .wef-1c7l3mo:hover,.chakra .wef-1c7l3mo[data-hover]{-webkit-text-decoration:underline;text-decoration:underline;}.chakra .wef-1c7l3mo:focus,.chakra .wef-1c7l3mo[data-focus]{box-shadow:0 0 0 3px rgba(168,203,251,0.5);} Linda Lacina
.chakra .wef-9dduvl{margin-top:16px;margin-bottom:16px;line-height:1.388;font-size:1.25rem;}@media screen and (min-width:56.5rem){.chakra .wef-9dduvl{font-size:1.125rem;}} Explore and monitor how .chakra .wef-15eoq1r{margin-top:16px;margin-bottom:16px;line-height:1.388;font-size:1.25rem;color:#F7DB5E;}@media screen and (min-width:56.5rem){.chakra .wef-15eoq1r{font-size:1.125rem;}} The Digital Economy is affecting economies, industries and global issues
.chakra .wef-1nk5u5d{margin-top:16px;margin-bottom:16px;line-height:1.388;color:#2846F8;font-size:1.25rem;}@media screen and (min-width:56.5rem){.chakra .wef-1nk5u5d{font-size:1.125rem;}} Get involved with our crowdsourced digital platform to deliver impact at scale
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- Subscribe to Meet the Leader on Apple Podcasts and Spotify
- This fortnightly podcast from the World Economic Forum features the world’s top changemakers, showcasing the habits and traits effective leaders can’t work without.
- Carlos Brito, CEO of AB InBev shares how the company is leveraging tools like blockchain and fintech to solve key problems for its networks of farmers and retailers around the globe.
Beverage giant AB InBev is the largest brewer in the world and known for big brands like Corona and Budweiser. And while parts of its company have roots stretching back to the days Belgian monks brewed Abbey beer, the company has been steadily investing in key technologies to strengthen networks of farmers and retailers all over the world.
Bringing tech like high-precision weather data to small holder farmers in developing nations has its challenges. Many, for instance, use flip phones, not smart phones. As a result, the company developed a solution to leverage SMS text and the technology their farmers had in their hands to ensure they could farm as efficiently as possible.
Solving the right problem in any situation is key, CEO Carlos Brito told Meet the Leader. This requires active listening and ensuring you're providing the solution that your final customer needs and not the one you think they'll want most. In this case, a solution built for smart phones, without any knowledge of what was needed on the ground, could have only used by 10% of the farmers and "that would have been frustrating for everyone."
"The worst thing in the world," he said, "is to have a solution in search of a problem."
Brito explains how the company has invested in other technologies as well, including blockchain and fintech, to ensure that retailers and farmers in countries around the world could be more financially resilient. Such investments are strengthening communities in developing countries around the world and were a key advantage during the pandemic.
He discusses all this - as well as how anyone can ensure they're having more effective meetings and discussions - in this week's Meet the Leader , a fortnightly podcast hosted by Linda Lacina diving into the habits and qualities leaders depend on the most.
Listen to Meet The Leader's sister podcasts World Vs Virus , about the global pandemic, House On Fire , our 10-part environmental series, and The Great Reset , on the efforts to 'build back better'.
Have you read?
Deloitte's punit renjen: 'the future is not pre-ordained', effective leaders 'rise to the occasion': the carlyle group's david rubenstein, 'you can't do business in a broken world' - this week's meet the leader podcast.
A book he recommends: Good to Great: Why Some Companies Make the Leap and Others Don't , Jim Collins. This book uses data and one-of-a-kind analysis to discover why some companies thrive and others fail. Brito says one particular line in the book stands out: "First who, then what". Said Brito, the line is a key reminder that your team is what makes your company and that having the right people tackling the right projects can be very powerful.
A habit he can't work without: Active listening. A great meeting, to Brito, means agreement doesn't come in quickly, in two or three minutes. He also encourages constructive disagreement and coming back to a conversation with feedback once you've learned more.
Diversity of thought is critical said Brito. "That's why groups tend to perform better, especially with tough issues. If you have diversity of thought people expose different opinions and from those different opinions, you get to a better place, a better solution."
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Carlos Brito, who stepped down from Anheuser-Busch InBev this week aged 61, is already planning a long second act. "Brito 2.0" could involve another quarter-century of working, said the ...
Anheuser-Busch InBev, the maker of Budweiser and Stella Artois, has launched a process to replace chief executive Carlos Brito, the Brazilian who led its transformation into the world's largest ...
Carlos Alves de Brito (born 1960) is a Brazilian businessman who was CEO of Anheuser-Busch InBev from 2008 to 2021. [1] Currently he is CEO of Belron . Early life and education
Here are 10 things that you may or may not have known about Carlos Brito: Born in Rio de Janeiro. Brito was born in Rio de Janeiro, which is a Brazilian city that has a number of claims to fame. For example, it was the first South American city to host the Summer Olympics. However, this wouldn't have been possible if it wasn't for the fact ...
CARLOS BRITO 2005 2020 28.6% 36.9% Normalized EBITDA Margin $4.14B 2005 2020 $17.32B Normalized EBITDA $14.50B $46.88B 2005 2020 Revenue $26B $141B 2005 2020 Market Capitalization Key Financial Metrics About AB InBev During Brito's CEO Tenure. Title: Carlos Brito Profile.pdf Created Date: 4/29/2021 12:50:07 PM ...
Carlos Brito, who transformed a Brazilian regional brewer into the world's largest beer maker Anheuser-Busch InBev, is to step down as chief executive of the group after 15 years. AB InBev said ...
Carlos Brito is stepping down as chief executive of Anheuser-Busch InBev after 15 years, and will be succeeded by Michel Doukeris, president of the North America business.
Carlos Brito. Chief Executive Officer. Brito became the CEO of Belron on 1 March 2023. He spent 32 years at AB InBev and was CEO from 2005 until 2021. Over these 15 years, Brito transformed AB InBev into the world's largest brewer, with a portfolio of brands including Budweiser, Corona and Stella Artois. He grew the market capitalisation of ...
Anheuser-Busch InBev has began a process to replace Chief Executive Carlos Brito, the Financial Times reported on Monday. It is considering external candidates, the FT report said, citing people ...
As CEO of the leading global brewer and one of the world's top five consumer products companies, Carlos Brito shares his perspective on leading a large organ...
Global Brewer CEO Carlos Brito to Deliver 2018 Commencement Address at Stanford's Business School. The chief executive of one of the world's leading consumer goods companies and Stanford MBA alum will address the graduating Class of 2018. 655 Knight Way Stanford, CA 94305 USA.
Carlos Brito is the Chief Executive Officer of AB InBev, the largest brewer in the world, responsible for nearly a quarter of global market share in beer. He has been at the helm through a series ...
Carlos Brito is on Facebook. Join Facebook to connect with Carlos Brito and others you may know. Facebook gives people the power to share and makes the world more open and connected.
13 Followers, 454 Following, 2 Posts - Carlos Brito (@carbri55) on Instagram: " Ecuatoriano Emprendedor"
Brito follows longtime AB InBev CFO Felipe Dutra, who left in February of this year, and board chairman Olivier Goudet who left in March 2019.Alexandre Behring and Carlos Alberto Sicupira of 3G ...
This fortnightly podcast from the World Economic Forum features the world's top changemakers, showcasing the habits and traits effective leaders can't work without. Carlos Brito, CEO of AB InBev shares how the company is leveraging tools like blockchain and fintech to solve key problems for its networks of farmers and retailers around the ...
Mr Brito worked his way up, becoming chief executive officer at InBev in 2005 and then leading the company through the dramatic $52bn takeover of US brewer Anheuser-Busch three years later.
DYD YACHT REFINISHING LLC. DYD YACHT REFINISHING LLC is a Florida Domestic Limited-Liability Company filed on March 8, 2024. The company's filing status is listed as Active and its File Number is L24000118574. The Registered Agent on file for this company is Brito Vasquez Carlos D and is located at 1011 Countess Avenue, Lehigh Acres, FL 33974.
We are a private, non-profit organization that provides comprehensive health care, behavioral health and social services to men, women and children who are poor and homeless in Miami-Dade County. Camillus Health Concern is a Health Center Program grantee under 42 U.S.C. 254b, and a deemed Public Health Service employee under 42 U.S.C. 233 (g ...
COMPRESORES-JUAN CARLOS BRITO-2024 - Free download as PDF File (.pdf), Text File (.txt) or read online for free.
Anheuser-Busch InBev chief executive Carlos Brito will not be paid a bonus for the first time in eight years, after "a bad year" in which annual profits dropped sharply as the brewer absorbed ...
View the profiles of people named Carlos Brito. Join Facebook to connect with Carlos Brito and others you may know. Facebook gives people the power to...
By Philip Blenkinsop Reuters. BRUSSELS — Carlos Brito, who built Anheuser-Busch InBev into the world's biggest brewer during 15 years at the helm, will step down as CEO in July to be replaced ...
Robert De Niro's oldest daughter, Drena De Niro, shared a video of her father leaping off a yacht in honor of his 81st birthday. "Happy 81st Bday to my Dad and #1 ride or die," she captioned ...