Boston Beer Co. will have a new ceo next year.
In a press release, the the Boston-based brewery indicates that Martin Roper will be retiring as ceo in 2018 after leading the company for more that 17 years. Roper was named to the position in 2001 and has announced his retirement early in order to give the company ample time to find a replacement.
According to the press release, the company’s Board of Directors has formed at search committee helmed by Korn Ferry to identify candidates for the job to succeed Roper.
“I remain fully engaged and committed to leading the business as CEO until a successor is found and a seamless transition is completed,” said Roper in a press release. “I am incredibly proud of everything that the employees of Boston Beer have accomplished and believe our future is very bright.”
Founded in 1984 by Jim Koch, Boston Beer Co. is the second-largest craft brewery in the U.S. and includes the Samuel Adams brand of beers as well as the Angry Orchard brand of ciders.