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AB-InBev Executive To Resign

via New York Stock Exchange

The chief marketing officer of Anheuser-Busch InBev is resigning due to a significant drop in sales following a marketing crisis.

The company reported a more than 13.5 percent decline in third-quarter revenue in the United States.

The resignation comes amidst criticism and sarcasm, particularly related to endorsements from figures like Dana White. (Trending: Judge Issue Major Ruling On Transgender Procedures For Kids)

CNN reported that Anheuser-Busch issued them a statement that Benoit Garbe “will be resigning at the end of the year in order to embark on a new chapter in his career.”

Third quarter revenue plummeted more than 13.5% for Anheuser-Busch InBev, which followed a string of controversies.

UFC President Dana White recently announced a large sponsorship deal with Bud Light.

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