Amber Beverage Group announces senior management changes

January 30, 2024

Amber Beverage Group Holding S.à r.l. (hereinafter – the Group or ABG) is notifying noteholders of senior management changes at Amber Beverage Group. Its Chief Executive Officer, Jekaterina Stuģe’s departure from the company is a result of mutual agreement, reflecting collaborative discussions between Mrs. Stuģe and the company’s ownership, aligning on the best path forward for both parties. ABG’s Chief Legal Officer, Arturs Evarts will assume the role of Acting CEO until a permanent appointment is made.


Under Jekaterina Stuģe’s leadership, the Group witnessed a transformative era marked by strategic foresight and expansion focused initiatives, helping to establish ABG as a global leader in the beverage industry. Jekaterina played an important role across every area of the Group’s key activities and operations, and after a decade with the business, she leaves the company in a strong position to continue building on its success over the long term.

ABG’s commitment to delivering shareholder value remains unwavering, while ensuring the customers of its 1,400 beverages across 70 markets, many of which are now established household names, continue to gain access to some of the best known and most exciting brands in the industry, helping the Group create sustainable value for the business.

ABG welcomes the support of its stakeholders and are confident that, under Arturs Evart’s leadership, it will continue to thrive while it undertakes a thorough process to identify the most appropriate candidate for the CEO position. Arturs has played a pivotal role in the Group’s strategy and possesses a comprehensive insight into every aspect of the Group’s operations. The transition process will ensure a seamless continuation of all business functions, ensuring shareholders can be confident in the stability and continuity of the Group’s strategy, seeking to build on its growth momentum.

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