Win tickets to the ultimate village fete with welly wanging and more
Kiely, a pudgy Irish-American who collects Harley-Davidson motorbikes, looks like he is enjoying the ride. He has headed Molson Coors, the world’s fifth-biggest brewer, since February when the two famous old beer firms lashed themselves together to create a giant with sales of $6 billion (£3.3 billion).
Since then, however, it has been rough roads and hold on to your pints, boys. Earnings have fallen, legal action has been launched by shareholders (unhappy at what wasn’t revealed before the merger), and stock sales by Kiely and a colleague have come under scrutiny.
The tremors are already hitting the shores of Britain. Molson Coors, based in North America, runs Coors Brewing Ltd, owner of Britain’s No1 lager brand Carling, as well as Grolsch and Coors Light. Kiely has recently put in a new boss and is looking for cost savings in a market where competition is becoming increasingly fierce.
But if any of this is causing him anxiety, you would be hard-pushed to spot it. Holding court on a sofa in a busy London hotel foyer, Kiely banters away happily, using his gravelly laugh for punctuation.
He loves Britain, he says, because it’s got the best beer-drinking experience in the world. “America and Canada can be exciting, but if you’re a beer guy, Britain is what beer is all about.”
Diplomacy, as you would expect from an executive answering to two family factions, is a Kiely strong suit. Add that to his comfy beer-belly, lived-in face and neat line in homely bizspeak — “New sheriff in town, he can do whatever he wants,” he shrugs, when I query succession — and 58-year-old Kiely looks like the kind of brewery boss who would be happiest pulling his own pints.
His CV tells another story, however. Born in Massachusetts and business-schooled at Wharton, he had already done tough stints at Procter & Gamble, Wilson (sporting goods) and Frito-Lay (corn chips), before joining Coors in 1992.
His only link with the beer business was his grandfather’s pub in his home town of Marblehead, north of Boston. If granddad was anything like grandson, that would have been beer served with a big smile on top and a baseball bat under the bar.
Kiely is going to have to be tough if he is going to sort out the problems that are assailing Molson Coors. Profit has nosedived since the merger and at world No5 (a long way behind Inbev, SAB Miller. Anheuser Busch and Heineken) it still needs more scale to compete globally.
That was why Denver-based Coors and Montreal-based Molson, both public companies but controlled by founding families, got together in the first place. The marriage also provided protection against the prowling European giants.
Now Kiely has to make it work. The group is split into four divisions — America, Canada, Europe and Asia, and Brazil — but a dispute over tax at its Brazilian subsidiary, plus fierce competition everywhere, is now worrying analysts.
Many remain unconvinced that the merger will provide effective synergies, especially as Molson Coors keeps a dual base structure — chairman Eric Molson in Canada and Kiely and vice-chairman Peter Coors in America.
Follow our three athletes' progress in their preparations for the London Triathlon, and pick up training tips and more
Enjoy screenings of all the classic films you love, plus take advantage of two-for-one tickets
We explore leisure activities that are safe and suitable for all of the family
Times Online's new TV show helps you make the right decisions for your pet
Read our exclusive 100 Years of Fleming and Bond interactive timeline, packed with original Times articles and reviews
The latest travel news plus the best hotels and gadgets for business travellers

Overseas contacts and local business information

Find a course, arrange a game and save money
2002/02
£59,995
The Midlands
F/1989
£36,000
Hollingworth At Ombersley
2007/57
£35,000
South East England
Great car insurance deals online
90K plus bonus plus options
Confidential
London
To £28k
Barclaycard
Various (outside London)
£
£40,000 - £50,000 + benefits
Lloyds Pharmacy
Coventry
£38k
Barclaycard
Various Locations
Live in One of London's Most Vibrant Areas
From £249,950
Beautiful Gardens w/ stunning Thames Views
Studios £33K, 1 Beds £60K, 2 beds £79K
Mortgages, bank acc & money transfers to help you buy abroad
Explore mystical Jordan
From £1030 for 7nts 4*
to USA's Most Cosmopolitan City; San Francisco!
£POA
Book Now for Winter 08/09 and Get 10% off!
Great travel insurance deals online
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times. Search globrix.com to buy or rent UK property. Visit our classified services and find jobs, used cars, property or holidays. Use our dating service, read our births, marriages and deaths announcements, or place your advertisement.
Copyright 2008 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.