The Saint Louis Brewery, which makes Schlafly beer, has announced that David Schlafly and a group of local investors have acquired a controlling interest in the brewery. Schlafly’s official role is director of the company.
His cousin and Saint Louis Brewery co-founder Tom Schlafly will remain a chairman of the board and a minority stakeholder, along with private equity firm Sage Capital.
David Schlafly said he plans on doing all he can to support the current leadership team.
“No agenda of change is coming with me,” Schlafly said. “I’ll have a voice in the company to continue to instill leadership in the craft beer industry and continue our commitment to neighborhood renewal and the community.”
Saint Louis Brewery has undergone changes in top management in recent months. As Sauce reported in March, O’Fallon Brewery co-founder Fran Caradonna signed on as chief financial officer and chief administrative officer. The position of chief executive officer hasn’t been filled since former CEO James Pendegraft resigned in December.
Matt Sorrell is a staff writer at Sauce Magazine.
This article appears in May 2019.