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AB-InBev Executive To Resign

via New York Stock Exchange
This article was originally published at StateOfUnion.org. Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak, UltimateNewswire and others. To learn more about syndication opportunities, visit About Us.

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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