Molson Coors Hires Ex Coca-Cola Executive

Company said it appointed Krishnan Anand, formerly president of Coca-Cola’s business unit in the Philippines, as president of Molson Coors International, effective Dec. 17.

DENVER (AP) -- Molson Coors said Monday it has appointed Krishnan Anand as president of Molson Coors International, effective Dec. 17.

Anand, who also goes by Kandy, is 51. Molson Coors said he would be in charge of merger and acquisitions at the company.

"A significant part of Molson Coors' growth strategy moving forward will come from international expansion," Molson Coors Brewing Company CEO Peter Swinburn said in a statement.

Most recently Anand worked as president of Coca-Cola Co.'s business unit in the Philippines. Earlier, he also worked at Unilever PLC, based in India.

Shares of Molson, based in Denver, rose 39 cents to $45.96 in afternoon trading.

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