Pabst Brewing Hires New CEO

Pabst Brewing Co. has hired the former head of Ferrero North America to be its new CEO.

Paul Chibe, who has a 30-year career in the food & beverage industry, will succeed Eugene Kashper as chief executive at Pabst, which bills itself as “one of North America’s largest privately held brewing companies.” Kashper will remain as chairman of the board.

Chibe was hired from Ferrero Group, where he had served for most of his tenure as president and CEO of Ferrero North America. Before Ferrero, Chibe had been U.S. chief marketing officer at Anheuser-Busch InBev. He has also worked at Mars Wrigley and at Leaf Inc./Hershey.

“Pabst is an iconic company with deep roots in communities across the United States. I’m honored to work alongside Eugene and the rest of the hard-working and accomplished team,” Chibe said in a statement.