Patrick Stokes
Encyclopedia
Patrick T Stokes is the former Chairman and CEO
of Anheuser-Busch Companies, Inc.
He served as President and CEO from 2002 to December 2006 and Chairman from December 2006 to November 2008.
. He attended prestigious Xavier High School
in New York City, earned a bachelor of science degree in mathematics
from Boston College
in 1964, where he graduated magna cum laude. He then earned a MBA from Columbia University
in 1966.
in 1966, Stokes joined the corporate economics department at Shell Oil Co. in New York. Shortly thereafter, he joined the U.S. Army, and served at 1st Army Headquarters at Fort Meade, Maryland
, for two years before signing on with Anheuser-Busch’s corporate planning department in St. Louis in 1969.
A year later, Stokes was promoted to senior analyst, marking the beginning of a series of promotions. In 1972, he was named assistant to August Busch III
– then the company’s executive vice president and general manager – and in 1974, was named vice president – raw materials and transportation. In 1976, he was appointed vice president materials acquisition, assuming new responsibilities for can and bottle procurement and malt production.
In 1982, Anheuser-Busch acquired Campbell Taggart, a Dallas-based baking, refrigerated dough and frozen food company. At that time, Stokes was given responsibility for coordinating and consolidating planning and operations with the parent company. In 1984, he was named chief operating officer, and in 1986, he was appointed chairman of the board and president. In 1986, he also was named chairman of the board and chief executive officer for Eagle Snacks, consolidating food operations under his direction. He held these positions until 1990, when he was named president of the brewing subsidiary.
In 1990, Stokes became president of Anheuser-Busch, Inc., the brewing subsidiary of Anheuser-Busch Cos. Inc., a position previously held by August Busch III
, who also served as chairman and president of the brewery’s parent company. Under Stokes the company continued to grow and achieve record sales. In 1989, the brewing unit sold 80.7 million barrels of beer and had a market share of 42 percent. In 2004, Anheuser-Busch sold an all-time record 103.0 million barrels of beer domestically, marking the 27th consecutive year of record sales. Today, the company holds nearly 49 percent of the domestic industry.
Stokes was elected to the Anheuser-Busch Cos., Inc. board of directors in 2000. In 2002, he was named president and chief executive officer of Anheuser-Busch Cos., Inc.
In 1991, Stokes was presented with the Boston College Award of Excellence in Commerce. He is currently a member of the Boston College Board of Trustees.
. They have three adult children.
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of Anheuser-Busch Companies, Inc.
Anheuser-Busch
Anheuser-Busch Companies, Inc. , is an American brewing company. The company operates 12 breweries in the United States and 18 in other countries. It was, until December 2009, also one of America's largest theme park operators; operating ten theme parks across the United States through the...
He served as President and CEO from 2002 to December 2006 and Chairman from December 2006 to November 2008.
Early life
Stokes was born in Washington, D.C.Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
. He attended prestigious Xavier High School
Xavier High School (New York City)
Xavier High School is a independent Jesuit university-preparatory high school for young men located at 30 West 16th Street, in the Chelsea neighborhood of Manhattan, New York City. It was founded in 1847, as the College of St. Francis Xavier by Father John Larkin, S.J...
in New York City, earned a bachelor of science degree in mathematics
Mathematics
Mathematics is the study of quantity, space, structure, and change. Mathematicians seek out patterns and formulate new conjectures. Mathematicians resolve the truth or falsity of conjectures by mathematical proofs, which are arguments sufficient to convince other mathematicians of their validity...
from Boston College
Boston College
Boston College is a private Jesuit research university located in the village of Chestnut Hill, Massachusetts, USA. The main campus is bisected by the border between the cities of Boston and Newton. It has 9,200 full-time undergraduates and 4,000 graduate students. Its name reflects its early...
in 1964, where he graduated magna cum laude. He then earned a MBA from Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...
in 1966.
Career
After graduating with a MBA from Columbia Business SchoolColumbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
in 1966, Stokes joined the corporate economics department at Shell Oil Co. in New York. Shortly thereafter, he joined the U.S. Army, and served at 1st Army Headquarters at Fort Meade, Maryland
Fort Meade, Maryland
Fort Meade is a census-designated place in Anne Arundel County, Maryland, United States. The population was 9,882 at the 2000 census. It is the home to the National Security Agency, which is located on the US Army post Fort George G...
, for two years before signing on with Anheuser-Busch’s corporate planning department in St. Louis in 1969.
A year later, Stokes was promoted to senior analyst, marking the beginning of a series of promotions. In 1972, he was named assistant to August Busch III
August Busch III
August Anheuser Busch III is the great-grandson of Anheuser-Busch founder Adolphus Busch and was the company's Chairman until November 30, 2006...
– then the company’s executive vice president and general manager – and in 1974, was named vice president – raw materials and transportation. In 1976, he was appointed vice president materials acquisition, assuming new responsibilities for can and bottle procurement and malt production.
In 1982, Anheuser-Busch acquired Campbell Taggart, a Dallas-based baking, refrigerated dough and frozen food company. At that time, Stokes was given responsibility for coordinating and consolidating planning and operations with the parent company. In 1984, he was named chief operating officer, and in 1986, he was appointed chairman of the board and president. In 1986, he also was named chairman of the board and chief executive officer for Eagle Snacks, consolidating food operations under his direction. He held these positions until 1990, when he was named president of the brewing subsidiary.
In 1990, Stokes became president of Anheuser-Busch, Inc., the brewing subsidiary of Anheuser-Busch Cos. Inc., a position previously held by August Busch III
August Busch III
August Anheuser Busch III is the great-grandson of Anheuser-Busch founder Adolphus Busch and was the company's Chairman until November 30, 2006...
, who also served as chairman and president of the brewery’s parent company. Under Stokes the company continued to grow and achieve record sales. In 1989, the brewing unit sold 80.7 million barrels of beer and had a market share of 42 percent. In 2004, Anheuser-Busch sold an all-time record 103.0 million barrels of beer domestically, marking the 27th consecutive year of record sales. Today, the company holds nearly 49 percent of the domestic industry.
Stokes was elected to the Anheuser-Busch Cos., Inc. board of directors in 2000. In 2002, he was named president and chief executive officer of Anheuser-Busch Cos., Inc.
In 1991, Stokes was presented with the Boston College Award of Excellence in Commerce. He is currently a member of the Boston College Board of Trustees.
Personal
Stokes and his wife Anna Kristine live in St. Louis CountySt. Louis County, Missouri
St. Louis County is a county located in the U.S. state of Missouri. Its county seat is Clayton. St. Louis County is part of the St. Louis Metro Area wherein the independent City of St. Louis and its suburbs in St. Louis County, as well as the surrounding counties in both Missouri and Illinois all...
. They have three adult children.