MillerCoors Names New Hop Valley President

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MillerCoors has promoted Adrian Benkonvich to president of its Oregon craft brewery, Hop Valley Brewing Company.

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Benkonvich, a 16-year MillerCoors sales and marketing veteran, supplants co-founder Chuck Hare, who will transition into the role of CEO. Benkonvich will take the role on September 9 and report to Pete Marino, president of Tenth and Blake, MillerCoors’ craft division.

In a note to wholesalers, Marino called Benkonvich “ideally suited” for the role after playing “a pivotal role in the brewery’s expansion as the Tenth and Blake craft and import development director for the Pacific region over the past two-plus years.”

About Hop Valley Brewing Company

Founded in 2009, Hop Valley Brewing is best known for bitter brews like Alphadelic IPA, Citrus Mistress IPA and Alpha Centauri Binary IPA. The company has grown considerably since embarking on a significant brewery expansion in 2013, when it produced just 6,700 barrels. After moving production from its comparatively tiny 15-barrel brewpub in Springfield, Oregon to a new 60-barrel brewhouse in Eugene, Oregon, Hop Valley grew production to 38,500 barrels in 2015, according to Brewers Association records.

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In Other News: Investment Firm Completes Acquisition of Silver Eagle’s Houston Territory

Private investment firm Redwood Capital Investments has officially closed on the acquisition of Silver Eagle Distributors’ Houston-area territory, the company announced in a press release this week.

Back in March, Silver Eagle, which is the largest independent distributor of Anheuser-Busch products in the US, agreed to sell Redwood control over three Texas counties — Ft. Bend, Montgomery and a significant portion of Harris.

With the deal completed, Redwood named Robert Boblitt as chairman of the new company, which will be known as Silver Eagle Distributors Houston. The company also named John Johnson its president.

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