http://news.stlpublicradio.org en August Busch IV leaving board of Anheuser-Busch InBev http://news.stlpublicradio.org/post/august-busch-iv-leaving-board-anheuser-busch-inbev <p><strong>Updated 5:09 p.m. March 28, 2011 with additional reasons for leaving the board:</strong></p><p>The St. Louis Business Journal <a href="http://www.bizjournals.com/stlouis/news/2011/03/28/busch-iv-to-leave-a-b-inbev-board.html?ana=twt">reports</a> other reasons for Busch&#39;s departure:</p><blockquote><p>&quot;For personal and health reasons <strong>August Busch IV</strong> has decided not to seek re-election at the annual shareholders meeting,&quot; A-B spokeswoman <strong>Marianne Amssoms</strong> said.</p></blockquote><p><em>As updated 3:30 p.m. March 28, 2011</em>:</p><p>The former CEO of Anheuser-Busch Cos., August A. Busch IV, will be leaving the board of <a class="web_ticker" href="http://www.bloomberg.com/apps/quote?ticker=ABI:BB" title="Get Quote">Anheuser-Busch InBev</a> following the annual shareholders&#39; meeting, Bloomberg News <a href="http://www.bloomberg.com/news/2011-03-26/busch-former-anheuser-busch-chief-will-leave-ab-inbev-s-board.html">reports</a>:</p><blockquote><p>The world&rsquo;s largest brewer will ask investors on April 26 in Brussels to approve Olivier Goudet, chief financial officer of Mars Inc., and Paul Cornet de Ways Ruart as directors for a four-year term, according to the <a href="http://www.ab-inbev.com/pdf/ABInBev_AGM_110426_EN_ConveningNotice.pdf" rel="external" title="Open Web Site">convening notice</a> published on the company&rsquo;s website. Goudet and Cornet will replace Jean-Luc Dehaene and Arnoud de Pret on AB InBev&rsquo;s board, which will have 12 members following the departure of Busch.</p></blockquote><p>The St. Louis Post-Dispatch, via the Associated Press, <a href="http://www.stltoday.com/business/columns/lager-heads/article_ff3c858e-596a-11e0-a7f8-0017a4a78c22.html">reports</a> that the move is unrelated to the negative publicity <a href="http://news.stlpublicradio.org/post/young-woman-found-dead-home-former-busch-ceo">surrounding Busch since the death of his girlfriend</a> from a drug overdose late last year.</p><p>Busch&#39;s board seat was always considered a courtesy after Anheuser-Busch was sold to InBev in 2008, as InBev&#39;s board went to 13 seats from 12 previously. It will now revert to 12. Busch&#39;s term had always been scheduled to end next month, the newspaper said.</p><p>&nbsp;</p><p> Mon, 28 Mar 2011 18:26:05 +0000 Kelsey Proud & The Associated Press 818 at http://news.stlpublicradio.org August Busch IV leaving board of Anheuser-Busch InBev