BrewDog co-founder Martin Dickie has parted ways with the Scottish craft brewer, citing personal reasons for his decision.
Dickie, who co-founded the company with James Watt in 2007, said he is stepping back from the broader alcohol industry after 20 years.
This announcement comes just a month after Dickie unveiled a new business focused on the medicinal cannabis market.
This development follows a phase of change at BrewDog, with co-founder James Watt having stepped back from his role as chief executive last year, while continuing to play an active role in the company and maintain a high public profile.
BrewDog confirmed that Dickie’s exit will not prompt any further changes to its leadership team.
James Taylor, BrewDog’s third chief executive in a year, praised Dickie’s impact on the business as “immeasurable” and said he had “inspired countless others in the industry.”
In recent years, Dickie focused on expanding BrewDog’s spirits division, overseeing products such as LoneWolf gin, Duo rum, and the Wonderland ready-to-drink cocktail range.
Dickie said, “After over two decades in the brewing and distilling arena sadly for personal reasons it’s time for me to leave the industry that I love deeply and hopefully had a positive impact in.
“Leaving BrewDog isn’t easy, but I’m ready to spend less time travelling and spend some more time at home with my young family. It has been an honour to have worked with incredible, like minded colleagues who live in a world of flavour and experimentation.”
BrewDog currently runs around 120 bars, hotels and venues worldwide, employing more than 2,700 staff.
Last month, BrewDog closed 10 bars, including its Aberdeen flagship, citing challenging market conditions.
Concerns over the company’s outlook have arisen following reports in the Telegraph that BrewDog’s beers have been withdrawn from almost 2,000 pubs, cutting its distribution by approximately one-third.
The company said it continues to find success in smaller pubs, as well as at sports venues, festivals, and other events.