Chief executive of Dutch brewer Heineken Jean-Francois van Boxmeer will step down on June 1 and be replaced by the head of the company's Asia-Pacific region, Dolf van den Brink.
Van Boxmeer joined Heineken in 1984 as a trainee and became CEO in 2005.
"He will leave behind a company excellently positioned to grow further," chairman of Heineken's supervisory board Jean-Marc Huet said.
"The Right Moment"
"I feel now is the right moment to hand over leadership to the next generation," Van Boxmeer said in a statement.
His successor, van den Brink, has been with the company for 22 years.
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