Stone Brewing’s COO Pat Tiernan has left the company
After five years with Stone, its Chief Operating Officer, Pat Tiernan, resigned at the end of October 2017. Stone did not put out a statement indicating why he had left or who would replace him.
Mr Tiernan had been with the company since September 2012 – a busy time for Stone as it built new breweries in Richmond, Virginia, and Berlin, Germany.
US media did not fail to notice that Mr Tiernan’s resignation came on the heels of a number of high profile personnel shakeups at the nation’s ninth largest craft brewery by volume. In August 2016, the company named a new CEO in Dominic Engels, who replaced Stone’s founder and then CEO Greg Koch. Mr Koch assumed the newly created role of Executive Chairman.
Stone proceeded to cut approximately five percent of its workforce about a month later, eliminating more than 50 jobs in the process.
A year ago, Stone announced plans to open a 99-room boutique hotel across the street from its Californian brewery, and the company suggested it might do the same eventually in Virginia.
The California hotel is still in planning. As for Richmond, Stone’s CEO Engels was quoted as saying that he is “spiritually interested” in having a hotel there, but that there are no concrete plans.
Stone hopes to produce 470,000 hl beer this year with 25 percent coming from Virginia.