Belgium's Anheuser- Busch InBev, the world's largest brewer, said Wednesday that chairman and board member Peter Harf will step down in April 2012 and be replaced by Kees Storm, another board member.
"Mr. Harf and Mr. Storm will work together closely in the coming months to ensure a smooth transition of the chairman's responsibilities," the company said in a statement. "Mr. Storm will become vice-chairman of the board with immediate effect," it said.
Storm is chairman of the supervisory board of KLM, the Dutch unit of the airline Air France-KLM. He is also a member of the board of directors of Baxter International Inc. and vice-chairman of the board of Unilever NV, AB InBev said.
Alessandro Torello is a reporter for Dow Jones Newswires, where this story originally appeared. Write to him at alessandro.torello@dowjones.com