Anheuser-Busch Chief Marketing Officer Resigns Amid Brand Decline

Anheuser-Busch’s sales to wholesalers and retailers dipped by more than 15 percent in Q3 owing to lower demand for Bud Light.

Bud Light, made by Anheuser-Busch, sits on a store shelf in Miami, Florida, on July 27, 2023. Joe Raedle/Getty Images

Bud Light owner Anheuser-Busch has announced the departure of its U.S. chief marketing officer (CMO) months after its transgender controversy led to a fall in revenues.

CMO Benoit Garbe “will be resigning at the end of the year in order to embark on a new chapter in his career,” Anheuser-Busch said in a statement on Wednesday, according to CNN.