James Watt, co-founder of BrewDog with Martin Dickie, is stepping down from the role of chief executive to become ‘captain and co-founder’.
The chief executive role will be taken on by James Arrow, who joined BrewDog last summer as chief operating officer.
“In my new role I will remain as a board member, a director and I will also be part time strategic advisor to the business and our to leadership team,” said Watt (pictured).
“Furthermore, I will retain my BrewDog shareholding and my Hop Stock initiative, whereby I give 20% of my BrewDog shares to the team, will remain in place.”
He added: “During my time at the helm of BrewDog, there have been highs and lows, up and downs, crazy successes, and incredibly hard challenges. When I look back on the last 17 years (119 dog years) my overwhelming feeling is one of gratitude.”