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Molson Coors CEO to retire

Molson Coors Brewing Co. said July 31 that President and CEO Mark Hunter will step down, effective Sept. 27.

Hunter, who has been the CEO of the Denver-based brewer since 2015, is retiring to spend more time with his family.

Hunter will be replaced by Gavin Hattersley, the president and CEO of the company's U.S. unit MillerCoors LLC. The appointment is effective Sept. 28.