The company's principal address is . Following the completion of the sale, the director now directly owns 334,000 shares of the company's stock, valued at $35,083,360. Gambrinus is also the fifth top-selling craft brewing company in the country. Mr. Alvarez is also Member of The University of Texas at Austin and Member-Chancellors Circle at The University of Texas System and on the board of 6 other companies. The major brewers were also aggressively promoting competing products, such as Anheuser-Busch's Tequiza, making the future less certain for Gambrinus. Finally, and to some observers the most surprising move, he immediately raised the price of Shiner beer, which under the previous owners had cost less than Budweiser and now cost 75 percent more. He said his father made him work hard, and he learned the basics from a beer truck. Even though he landed in Austin first, peddling cases of Corona to bars and restaurants, Alvarez chose San Antonio as home, as have other Mexican transplants before him. The Gambrinus Company Overview. Carlos's mailing address filed with the SEC is 14800 SAN PEDRO AVENUE, , SAN ANTONIO, TX, 78232. Public Affairs Specialist. The Gambrinus Company Address: 14800 San Pedro Avenue San Antonio, Texas 78232-3733 U.S.A. Telephone: (210) 490-9128 Fax: (210) 490-9984 Statistics: Private Company Incorporated: 1986 Employees: 300 Sales: $425 million (1999 est.) Internet Privacy Disclosure | Terms of Use | Consumer Complaint Notice. In recognition of the contribution, the school will name. Carlos Alvarez, founder and owner of The Gambrinus Company of San Antonio, Texas, announced a $1 million gift to the brewing science program at UC Davis The gift will fund new brewing and laboratory equipment at UC Davis to create the brewery of the future. Id sit at a bar, eating chips and salsa, trying to get the bartenders attention before closing time. SALT LAKE CITY (KUTV) During a KUTV investigation into COVID-19 vaccine side effects and where to report them, we found four reported deaths, filed by Utah families and their caregivers to the . But before Alvarez took over the brewery the largest manufacturer of craft beer in Texas he was born in Acapulco, Mexico, and grew up around the beer business. The rich farming area attracted German and Czech immigrants. It is because of his business acumen, as well as his knowledge of the communities we serve, that our Board has concluded that Mr. Alvarez should continue serving on the Board. These artfully crafted beers have claimed 13 awards in major beer competitions throughout the world in the past two years. As consumers, we often take for granted all the hard work that goes into building a great company. The founder and owner of The Gambrinus Company, Carlos Alvarez, grew up in Acapulco, Mexico. Based in San Antonio, Texas, The Gambrinus Company imports, brews, and distributes beers on a regional and national basis. Market research indicated that consumers believed a Mexican beer should be priced cheaper than a beer imported from Europe. Alvarez began negotiations to buy the brewery from the Great Texas Brewing Company, created by a group of Houston investors who had purchased Spoetzl in 1984 and were now looking to sell. In the meantime, Corona sales were so strong that Modelo decided to renew import rights with Barton and Gambrinus for an additional ten years, despite the fact that Anheuser-Busch now owned a major stake in the Mexican brewer and was itself interested in acquiring the distribution rights to Corona. We import Corona from Mexico and. VP. When he enjoys a beverage, his trained palate responds. Its hard to imagine Gambrinus Company founder and Shiner Beers owner Carlos Alvarez and his wife Mal, the philanthropists behind the Impetus Foundation, struggling to build a beer business after moving here from Mexico in the 1980s. In the late 1980s, I was trying to sell Corona in a short, stubby brown bottle with a paper label. And one small company is building them for the Pentagon! . The founder and CEO of Gambrinus, 46-year-old Carlos Alvarez, grew up in Acapulco, started in the sales department of Mexico City's Modelo brewery, which makes Corona, and worked his way up to . On March 24, 2021 Carlos Alvarez, the CEO of The Gambrinus Company, a leading craft brewer that he founded in San Antonio, . . The Banking segment operates commercial and consumer banking services. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, Calif. (Trumer Brewery). The wear and tear is real. We wanted to recognize [the Alvarez Family] for their generosity, said Romo regarding the decision to rename San Saba Hall after the Alvarez Family. Local legend maintained that Spoetzl would occasionally forget to boil off the alcohol in select batches. Start exploring their connections and companies today. Eventually, it would prove to be the start of a revolution, but back then, Americans considered it a fake beer. This marked the beginning of Corona's journey to become the #1 imported beer int the U.S. Every drop of Shiner is proudly brewed in Shiner. This chart shows Carlos Alvarez's buying and selling at Cullen/Frost Bankers by year and by quarter. Cullen/Frost Bankers' insider roster includes Carlos Alvarez (Director), Chris Avery (Director), Bobby Berman (EVP), Samuel Dawson (Director), Patrick Frost (Insider), Phillip Green (CEO), William Perotti (EVP), Jerry Salinas (CFO), Carol Severyn (EVP), Jimmy Stead (EVP), and Candace Wolfshohl (EVP). Get a basic understanding of Creative Commons licenses and how integral they are to publishing in open access journals. This rating has improved by 4% over the last 12 . At the Aug. 20 regular board meeting, Carlos Alvarez, owner of the Gambrinus Company, announced he would make the endowment for the Gambrinus Scholarship total $1 million. These facilities were further enhanced by the donation by Doug and Juli Muhleman of four small-scale brewhouses and by Carlos Alvarez (Gambrinus) of an extensive range of new brewing and packaging equipment, including state-of-the-art small scale fermenters and small-scale malting equipment. Even venerable Guinness enjoyed a newfound popularity with younger beer drinkers. The corporate mailing address for Alvarez and other Cullen/Frost Bankers executives is 111 W HOUSTON ST, SAN ANTONIO TX, 78205. The Spoetzl Brewerynamed after its original brewmaster Kosmos Spoetzlwas founded in Shiner, Texas in 1909. 1997Moosehead Breweries, Ltd. awards Gambrinus the exclusive import distribution rights for Moosehead Canadian Lager for the United States. Its rattlesnake season in Texas. More than 100 friends of the Spoetzl Brewery gathered in San Antonio last month for the celebration of the "Shiner Decade." Cullen/Frost Bankers, Inc. is a financial holding company, headquartered in San Antonio, with $40.1 billion in assets at September 30, 2020. Sponsored. Its products have won several awards, including several Australian International Beer Awards, medals from the Great American Beer Festival, World Beer Cup awards and Brewing Industry International Awards. The Alvarez Family created the Carlos and Mal Alvarez Endowment for Student Success, the Alvarez Graduate Research Education Excellence Fund and the Alvarez Challenge Match for Graduate Student Excellence Fund. Carlos Alvarez is chairman and CEO of the Gambrinus Co., with headquarters in San Antonio and revenues of more than $500 million. There was not much interest, Alvarez recalled in a Wednesday conversation. Most recently he sold 40,000 units of CFR stock worth $4,292,400 on 25 February 2021. In 1914 the Association brought in Kosmos Spoetzl, a Bavarian brewmaster with his own family recipe, and leased the facilities to him. The University of Texas at San Antonio, a Hispanic Serving Institution situated in a global city that has been a crossroads of peoples and cultures for centuries, values diversity and inclusion in all aspects of university life. The Gambrinus Company: A Leader In The Craft Brewing Industry The Gambrinus Company, one of the most successful craft breweries in the United States, is owned and operated by Carlos Alvarez. His successful beer company, The Gambrinus Co., has not only made him wealthy but a well-known beer magnate. NAIC: 42281 Beer and Ale Wholesalers; 31212 Breweries Lacking market data, Gambrinus and Barton did not really know who was buying Corona and why. But while he was running his business and building a family, the thought of achieving his own citizenship remained on his mind. The problem in Barton's territory was more troubling and difficult to address: the story churning through the rumor mill was that either ABC's 20/20 or CBS's 60 Minutes reported that Corona beer was contaminated by urine. The unusual collection of missions strung together in close proximity still impresses him. After Alvarez established the Gambrinus Company, he noticed the Spoetzl Brewery was in trouble. A San Antonio woman who brought her two children along as she smuggled more than 100 pounds of methamphetamine to the Alamo City has been sentenced to more than eight years in prison. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, California (Trumer Brewery). As Gambrinus worked to grow Pete's and its other specialty breweries and to revitalize Moosehead sales, its future continued to be very much tied to the success of Corona. Alvarez said he, like hundreds of thousands of other immigrants, came to America to work. He is a board member of the World Affairs Council of America (Washington, DC) and the World Affairs Council of San Antonio, of which he previously served as chair. Pete's Brewing Company. Its products have won several awards, including several Australian International Beer Awards, medals from the Great American Beer Festival, World Beer Cup awards and Brewing Industry International Awards. He is also Member of The University of Texas at Austin and Member-Chancellors Circle at The University of Texas System and on the board of 7 other companies. It is now possible to purchase a large number of vintage Wagner Brewery, Gambrinus, and Augustiner beer bottle labels. Seated left to right: Natalia Spitha '16, Mal Alvarez, Carlos Alvarez, President Carol Quillen, and Fridah Rotich '19. . People Also Search For: It also publicized the results of a beer-testing company, which found Corona free of contaminants. We sold 600 cases, 20 bottles in each case, our first year in Austin. Website: www.gambrinus.com Headquarters: San Antonio, TX Size: 201 to 500 Employees Founded: 1986 Type: Company - Private Industry: Food & Beverage Manufacturing Revenue: $100 to $500 million (USD) Competitors: Unknown Mr. Carlos Alvarez is chairman and CEO of The Gambrinus Company, which he founded in 1986 when he moved from his native Mexico with his family to San Antonio. [BREAKING] New "Living Missile" to Replace Nuclear Missiles. Cullen/Frost Bankers, Inc. is a financial holding company, which engages in the provision of commercial and consumer banking services. The Gambrinus Gold Beer Can is a Steel Gambrinus Gold Can. The beer was so popular that in many instances it had to be rationed to bars, restaurants, and stores. less. Briscoe is that we had to help build UTSA into a great university. Between 2002 and 2014, the Alvarez Family donated more than $4.3 million in gifts to UTSA through personal donations and support from their foundations. His recipe for BridgePort Ale proved popular and fueled the brewery's growth. A newspaper journalist for almost 40 years, Elaine Ayala has held a variety of journalism jobs, including news reporter, features editor, blogger and editorial page editor. As part of his pitch, Alvarez says Las Misiones, an Archdiocese of San Antonio nonprofit, raises funds for their upkeep. Shiner had something of a cult following among the city's young adults and was making inroads in Houston and Dallas. The beer wasnt very good, so the Bavarian-born Kosmos Spoetzl bought the brewery and named it after himself. It operates through the Banking and Frost Wealth Advisors segments. Get notified the next time Carlos Alvarez buys or sells Cullen/Frost Bankers stock. "Oh, I love beer," said Carlos Alvarez, owner of the Gambrinus Company, which runs Spoetzl Brewery. Privacy Policy. There are 18 executives at Cullen Frost Bankers getting paid more, with PhilipGreen having the highest compensation of $4,763,230. He also serves as a trustee and board member for a number of organizations, but there is one accomplishment he feels most proud. The Alvarez family owns the Gambrinus Company in San Antonio, which sells and markets Shiner Beers. Proceeds will fund the restoration, preservation and maintenance of the four missions on the citys South Side. 2005 ylnda BridgePort bira retimi lkede 41. srada yer ald; 2009 bira satlar iin bu sralama 47 . As of 25 February 2021 he still owns at least 294,000 units of Cullen Frost Bankers stock. Learn More about insider trades at Cullen/Frost Bankers. On average, Cullen Frost Bankers executives and independent directors trade stock every 20 days with the average trade being worth of $2,016,280. Alvarez was granted Corona distribution rights in Texas and 24 eastern states. Click to email a link to a friend (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window). learn how over 7,000 companies got started! BridgePort'un biralar 18 ABD eyaletinde datld. Alvarez founded Gambrinus in 1986 after moving from Mexico to San Antonio. Alvarez has made $1 million gifts to the Alamo Colleges, St. Marys University and the University of the Incarnate Word, and $2.5 million to the Tobin Center for the Performing Arts, which named its studio theater for him. The brewery is owned by the Gambrinus Company, based in San Antonio, and with each glass of Shiner beer comes a taste of history and pride. CORVALLIS, Ore. - Oregon State University's fermentation science program has received a $1 million gift from Carlos Alvarez, the chairman and chief executive officer of The Gambrinus Company, a San Antonio-based beer company that owns BridgePort Brewing Company in Portland, Oregon; the Spoetzl Brewery in Shiner, Texas; and the Trumer Brewery in Join UTSA Libraries Special Collections and Fonda San Miguel for a fundraising event honoring the late, great Mexican cookbook author Diana Kennedy's 100th birthday. ), Engineering, and Leadership and Service. I just wish there would be a greater and more assertive way for us to benefit from them, he said. Our business is beer. I still remember Tom tall, lanky, waving his arms like bird wings telling me, Carlos, San Antonio is a big city, but it doesnt know how to act like a big city. The Gambrinus Company is proud to partner with its family of beer distributors to bring its portfolio of top quality craft beers to a dynamic and growing consumer base. "While everyone is there out there at the beach, at the by the pool, that was torture," Alvarez says with a laugh. His host family enrolled him in a school, where he took a bit of this and a bit of that. He was put in a Spanish class not as a student but to speak the language to other students. He has an exceptional understanding of the role marketing strategy and branding plays in the success of a company. Despite industry insiders who discounted the possibility of reversing the trend of declining sales with Moosehead, Gambrinus looked to apply some of the lessons it had learned with Corona beer. With her father's death in 1950, Spoetzl's daughter Cecelie ran the brewery until 1966 when the business passed out of family hands and a succession of owners then struggled to keep the operation profitable. Hispanic Heritage Month: How are we doing hiring Hispanic head coaches. He is a board member of the World Affairs Council of America and the World Affairs Council of San Antonio, which he previously served as chairman; and he serves on the board of National Public Radio and Davidson College. Carlos Alvarez and daughter Mal Alvarez '02 seated and surrounded by Davidson's Alvarez Scholars. NAIC: 42281 Beer and Ale Wholesalers; 31212 Breweries Key Dates: 1981: Corona Extra is introduced in U.S. market. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, TX (The Spoetzl Brewery); Portland, OR (BridgePort Brewing Company); and Berkeley, CA (Trumer Brauerei). I have a great love for the missions, he said. Drinking Corona had become a fad, as a number of consumers simply tried the beer then returned to their usual domestic brand. Gambrinus is best known for selling and marketing Shiner Beers . Carlos Alvarez. His Mexican heritage plays a role in his business. They are part of the Executive team within the C-Suite Department and their management level is C-Level. By 1985 sales reached five million cases. Carlos Alvarez is chairman and CEO of The Gambrinus Co., which he founded in 1986 when he moved from his native Mexico with his family to San Antonio. The Carlos Alvarez College of Business is the largest business school in the University of Texas System and one of the 30 largest in the United States. Carlos Alvarez moved from mexico to san Antonio, texas with his wife malu and his two daughters to establish the Gambrinus Company which he founded in 1986. his company is one of the largest independent beer businesses in the u.s. Gambrinus owns and operates the spoetzl brewery in shiner, texas; bridgeport brewing Company in portland, oregon; the Aided by an increased marketing budget, Corona was then able to renew its pattern of growth, which many in the beverage industry had thought to be highly unlikely. Hes widely credited with creating the explosive U.S. market for Corona and now for his stewardship of an iconic Texas brand, Spoetzl Brewery in Shiner, maker of Shiner beers. Like others, he got lost on his first visit, noting the lack of clear signs to find the way. Gambrinus has an overall rating of 3.3 out of 5, based on over 17 reviews left anonymously by employees. The Carlos and Mal Alvarez Residence Hall, formerly San Saba Hall, was completed in 2013 and houses 618 students in a suite-style layout. Learn More on Carlos Alvarez's trading history. He went to work for the Modelo brewery, located in Mexico City, starting out in the sales department. 1997Corona Extra becomes the #1 imported beer in the U.S. 1998Gambrinus acquires Petes Brewing Company, a leading craft brewery founded by Pete Slosberg. Notifications can be turned off anytime in the browser settings. Its hard to imagine, as well, the beer market in Texas and the United States without Corona beer in its signature tallneck bottle with the familiar painted label. Subscribe to our free daily newsletter for the latest headlines first thing every morning. All rights reserved. Money needs to be raised for their preservation and maintenance.. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, California (Trumer Brewery). In wine, an occasion might call for a prosecco followed by a pinot noir. Carlos Alvarez said in a statement that he and his wife, Mal, have been committed to supporting education for a long time, supporting many scholarship recipients over the years. 2020 Cullen/Frost Bankers, Inc. All rights reserved. There are 2 older and 23 younger executives at Cullen Frost Bankers. He is committed to education and has served on the board of trustees of Davidson College, School Year Abroad and Saint Marys Hall (San Antonio) and is a member of the Chancellors Circle for the University of Texas system. . Gambrinus, with its Spoetzl operation in sound shape, became involved in this consolidation of the craft brewer segment by purchasing the BridgePort Brewing Company in 1995. The most active insiders traders include Richard W Jr Evans, Jack A Wood, and Charles W Matthews. The company made an initial public offering of stock in 1995, debuting at $18 a share and reaching a high of $26.50. Alvarez wanted to position the product in the premium category, and although Shiner beer had a loyal following that might be disenfranchised, it was small, and Gambrinus stood to gain considerably by establishing the higher price with customers unfamiliar with the brand. Mr. Carlos Alvarez is chairman and CEO of The Gambrinus Company, which he founded in 1986 when he moved from his native Mexico with his family to San Antonio. Carlos Alvarez is 69, he's been the Independent Director of Cullen Frost Bankers since 2001. The most recent insider tranaction occured on February, 14th when insider Paul Bracher sold 5,848 shares worth more than $765,912.56. Summary Founder of The Gambrinus Co., Carlos E. Alvarez is Chief Executive Officer & Director at this company. SAN ANTONIO Shiner beer is a staple in the Lone Star State, and every drop is brewed out of the Spoetzl Brewery in Shiner, Texas. This marked the beginning of Corona's journey to become the #1 imported beer int the U.S. 1989Gambrinus acquires the Spoetzl Brewery in Shiner, Texas. Alvarez owns 334,000 shares of Cullen/Frost Bankers stock worth more than $44,422,000 as of March 1st. Previously, Carlos was the Board Me mber at Frost Bank and also held positions at World Affairs Councils of America, National Public Radio, Saint Mary's Hall. Principal Subsidiaries: Spoetzl Brewery; BridgePort Brewing Company; Pete's Brewing Company. SAN ANTONIO - The founders and owners of the Gambrinus Company, Carlos and Mal Alvarez, have committed a $20 million gift to UTSA's College of Business. Director, Operations at The Gambrinus Company . Alvarez anticipated that he would need all of his production capacity to support the projected demand in Shiner beers. The Circus Group Corporation. Although a strong second to microbrewer Boston Beer, makers of the Sam Adams line of beers, Pete's struggled in an environment in which the craft segment of the beer industry suffered a sharp drop in growth. Canada's Moosehead beer became the company's first nationally distributed import. Restaurant, sculpture and park memorial among projects OKd by city design panel, San Antonio City Council narrows District 7 applicants to one: Rosie Castro, South Side hospitals pending closure sends officials scrambling to fill gaps, Proudly powered by Newspack by Automattic. Its always an inspiration to be among [UTSA students] and [their] professors the whole team of UTSA. By Jesus Chavez 65% of employees would recommend working at Gambrinus to a friend and 58% have a positive outlook for the business. Dolph Briscoe, to Sam Barshop, and to other community leaders, Alvarez said. 11 Ratings. 2023 Nonprofit journalism for an informed community. 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