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Michel Doukeris

Chief Executive Officer, AB InBev

Search every verified Michel Doukeris interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Michel Doukeris, CEO of AB InBev, discussed the company's second-quarter 2026 results in late July, reporting volume growth, a 23% increase in earnings per share for the quarter, and strong cash flow. He attributed part of the performance to the FIFA World Cup sponsorship, which he said boosted sales, particularly for Michelob Ultra, and described the company's portfolio as more flexible and competitive following a rebalancing effort that began in 2017. Doukeris noted that AB InBev is gaining share in beer and beyond-beer segments, including spirits and non-alcoholic beverages, and highlighted the acquisition of BeatBox as part of its spirits expansion. Doukeris also addressed challenges in China, stating that the company's business there is concentrated on the East Coast and in bars and restaurants, channels he said are down. He emphasized growth in non-alcoholic beer, which he said increased 27% globally, with an estimated 60% of that volume coming from new occasions and consumers. He cited Michelob Ultra as the number one brand in the US and the fastest-growing brand in the non-alcoholic segment, with triple-digit growth, and mentioned the return of Busch Light Apple to the US by popular demand.

Recent appearances

Notable quotes

“In beer, it is not really like this. What you see in beer is a behavior of people changing packaging. Because our package, they have an architecture that the more cans per pack, for example, the more affordable the price is because since we have less cost on the packaging, we give more affordability for consumers.”

“We have decided that the platform was big enough and we had to go now through a new phase, which we call organic growth. And it's different, right? So, you come from a history and a culture of mergers and acquisitions. And now, you are in this phase of growing brands, connecting with consumers, innovating, and getting the platform to yield more out of the same assets.”

“Over the last 5 years, we have a mid-term outlook, as you know, 4 to 8% EBITDA growth. We've been delivering each and every year.”

Other executives at AB InBev

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