Anheuser-Busch InBev Executive Pay Nearly Doubles

August 23, 2009 by Latest, News

Many St. Louisans are left shaking their heads over new numbers from Anheuser Busch InBev. A Belgian business magazine reports executive pay for the 13 member board has almost doubled in the past year. The increase doesn’t sit will with St. Louisans still angry over layoffs at the brewery.

Political activist Ed Martin says the InBev conglomerate that took over Anheuser Busch already had a reputation in Europe, Asia, and Latin America. “No one should be surprised, because back last year, year and a half ago, what we were saying is if you go forward with this, you’re going to have a slash-and-burn company. It’s going to cut, cut, cut to the bone.”

InBev slashed expenses, laid-off a thousand workers, and decreed it would now take ninety days to pay any bills.

Martin, who founded the “Save A-B” Campaign, says he’s not surprised that all of the cost-cutting increased the company’s profit by 28-percent.

The cuts and layoffs that caused the profit increase also raised payouts for the 13 members of the A-B InBev board.

From Fox2Now

Notify of

1 Comment
newest most voted
Inline Feedbacks
View all comments

[…] But friends and fans of this site may already know that Anheuser-Busch went through these same motions in 2008 when they first publicly rebuffed the idea that they would let themselves be taken over by Belgian-owned company InBev and even launched an American Family Values campaign. But in the end, money beat values and they sold to a foreign company. Consumer satisfaction for AB products dropped, and AB InBev doubled the board’s salaries and laid off 1,000 workers. […]

From Brian’s Belly

  • Perdue Beer Can Chicken
    I recently bought a gimmicky 6-pack of Perdue brand Beer Can Chicken Beer. My buddies were flabbergasted to say the least. "Yeech" was the best ...
    Published on August 16, 2023
  • Pressure Cooked Corned Beef & Cabbage
    Are you still boiling the flavor clean out of your corned beef? Try using a pressure cooker to get the best out of this tough ...
    Published on March 16, 2021
  • Deep Fried Turkey (Still the best guide on the net!)
    How many times have you sliced into a tasteless, bone-dry turkey on Thanksgiving wishing your fowl had not run afoul in the oven? This year, ...
    Published on November 1, 2018
  • The Mamba Bar Tool
    A few years back, I was enamored by the Snake Bite, an ultra-sleek bottle opener that doubles as my keyring. But I never used the ...
    Published on December 4, 2016
  • Build a Steel Sixtel Keg Cooler from an Old Water Tank
    Need to chill sixtel or corny kegs for an upcoming party this summer? Sometimes you don't want your kegged beer to tie you down to ...
    Published on June 29, 2016


Would love your thoughts, please comment.x