BELOW SUPERNAV drop zone ⇩

Bud Light VP takes leave post-Mulvaney backlash: Report

  • Bud Light's marketing VP takes leave after Mulvaney ad campaign: Report
  • Backlash erupted after a partnership with a transgender influencer
  • Anheuser-Busch shares fell by nearly 4% at one point

FILE – Cans of Bud Light beer are seen in Washington, Thursday Jan. 10, 2019. (AP Photo/Jacquelyn Martin, File)

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(NewsNation) —Anheuser-Busch’s vice president of marketing for Bud Light, Alissa Heinerscheid, has reportedly taken a leave of absence from the company following weeks of strong backlash and lost revenue over a controversial ad campaign.

Reports indicate that Heinerscheid was the mastermind behind the campaign, which featured transgender influencer Dylan Mulvaney.

Since the campaign’s launch in March, there has been a significant backlash from several groups.

Music artist Kid Rock even posted a video of himself shooting at Bud Light beers in protest, while Daily Wire’s Matt Walsh called for a boycott of the brand.

The partnership with Mulvaney led to shares of Anheuser-Busch falling by nearly 4% at one point, a value of about $5 billion.

Heinerscheid hoped that the campaign would evolve the brand’s image, but it seems to have done the opposite.

The company’s CEO, Brendan Whitworth, released a statement last week, saying, “We never intended to be part of a discussion that divides people. We are in the business of bringing people together over a beer.”

An Anheuser-Busch spokesperson told NewsNation that Todd Allen, an executive already in the company, will replace Heinerscheid.

Anheuser-Busch released a statement, saying:

We communicated some next steps with our internal teams and wholesaler partners. First, we made it clear that the safety and welfare of our employees and our partners is our top priority.  Second, Todd Allen is appointed Vice President of Bud Light reporting directly to Benoit Garbe, U.S. Chief Marketing Officer.  Third, we have made some adjustments to streamline the structure of our marketing function to reduce layers so that our most senior marketers are more closely connected to every aspect of our brands activities. These steps will help us maintain focus on the things we do best: brewing great beer for all consumers, while always making a positive impact in our communities and on our country.

It remains to be seen what this means for Bud Light’s future campaigns and how the company plans to address the backlash it has received.

Business

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Sunny

la

67°F Sunny Feels like 67°
Wind
7 mph SW
Humidity
45%
Sunrise
Sunset

Tonight

Partly cloudy. Low near 50F. Winds NNW at 5 to 10 mph.
50°F Partly cloudy. Low near 50F. Winds NNW at 5 to 10 mph.
Wind
6 mph NNW
Precip
10%
Sunset
Moon Phase
Waxing Gibbous