Take a look at this article, it may give you a better idea of what Carlos Brito, CEO of InBev has in store. August Busch IV, CEO and president of Anheuser-Busch will become a member of the Anheuser-Busch InBev board. Busch said he has no plans to shutter any of the 12 breweries in the U.S.
InBev's Bud Deal Unlikely To Change Branding Tactics
That's what we heard in November also. All it took was one bad quarter for them (not us but the buy out's company) and after 22 years I'm out the door with 24 other key folks. They always say "no changes are planned".
...........Busch said he has no plans to shutter any of the 12 breweries in the U.S.[/URL]
"They" always say things like that when a buyout happens. Then, after a (usually short) amount of time, you'll see a group of sober faced execs on the news, stating that "things have changed, and "We're forced to make these painful decisions blah blah blah blah." The news anchors will then switch to a live report from in front of a shuttered plant.
They can say anything they want now, but the reality is that once InBev owns A-B, nothing, and I repeat NOTHING will be off the table. InBev is shelling out a lot of dough to make this purchase, and their stockholders will NOT take lightly to a high debt load keeping their dividends down. They'll want serious cost cutting taking place right away to pay back the money used to buy A-B from the shareholders, or InBev's BOD will find themselves out of work. That's just simple economic reality. I've been through it myself. Unless they literally buy their own company back from InBev, I'd advise most of A-B's white collar workers, especially management, to get thier resumes updated.
\Kenny Bernstein Racing is not an employee of Anheuser-Busch, they are a tiny part of an absolutely huge advertising and marketing budget. Nobody on KB's team Bud dragster are employees of Anheuser-Busch.
And when they do spin off the Monster brand, I invite all of the Monster fans to join up with VegasFuel, who will most definitely be a part of NHRA racing for some time to come! (Ok, shameless plug for Max and Co. but what the heck...)\
I completely understand that point Darr. What I meant to illustrate, and I didn't do a very good job of it, is that when the cost-cutting begins, absolutely nothing will be off the table. And that includes all advertising efforts. If KB racing manages to hold onto their sponsorship, that'll be great. I'm sure that Kenny has made many close friends over at A-B over the years. My point was that a lot of those people are probably going to be looking for new jobs when the deal is done. InBev will bring their own people in to do that work. It's not unusual for a new manager to come in, look things over, and say "Hmmmm, they've been doing this for some years new, maybe it's time to look at something new." and I've a feeling that Kenny's going to have to justify his operation to the new people. I hope he's successful, I really do. But I'll also not be surprised if he's looking for a new sponsor in a year or two.
Also, I wouldn't be surprised to see them spin off the Monster Brand for cash either.
And when they do spin off the Monster brand, I invite all of the Monster fans to join up with VegasFuel, who will most definitely be a part of NHRA racing for some time to come! (Ok, shameless plug for Max and Co. but what the heck...)
Kenny Bernstein Racing is not an employee of Anheuser-Busch, they are a tiny part of an absolutely huge advertising and marketing budget. Nobody on KB's team Bud dragster are employees of Anheuser-Busch.
I can't imagine the new power would do that.All the more reason to cut them off...
I can't imagine the new power would do that.
Bud has been a staple in all forms of racing for 50 yrs.
The Bud Powerboat that won so many titles, etc. Kenny's success, Lil Dale and now Kasey..geez..they'd be fools to disassociate with that crowd.
Take all the trophies and put them in the new owners office..he wouldn't have room to sit down.
My guess is they'll leave things (mostly) in tact for 2009 and then beging cutting costs for 2010. That is usually the case in buy outs like this. It's better public relations to ease in to the new business model. InBev has gone on record to their share holders stating that significant cost cutting begins in 2010.
Regarding August Busch IV, the St Louis Post Dispatch reports that his position on the board will be ceremonial at best. He'll have "no administrative or managerial responsibilities".
I say we all find a beer co. that has put ZILCH into drag racing and
"cry in our...."