ThaiBev restructures business, announces senior executive changes

ThaiBev has reorganised its food and beverage operations and reassigned senior executives across its spirits and non-alcoholic beverage businesses.

THAILAND – Thai Beverage Public Co (ThaiBev), owner of Chang beer and International Beverage, has unveiled a revised corporate structure and several senior executive changes as it reorganises its food and beverage operations. 

Under the new structure, ThaiBev’s businesses will be consolidated into four product groups: spirits, beer, non-alcoholic beverages and food. The company said the changes are designed to “enhance collaboration and synergies across product groups” and strengthen the development of each business. 

The food business had previously been organised into four units covering Food Business Thailand, Logistics, Route to Market Thailand and Supply Chain Thailand, according to ThaiBev’s 2025 annual report. 

Sopon Racharaksa, executive vice president and head of the Spirits Product Group, has been appointed president of the executive committee. He will retain his additional role as chief people officer. 

Kosit Suksingha, previously chief of the Non-Alcoholic Beverage Product Group, will take over as chief of the Spirits Product Group. He will also retain his role as chief of digital and technology. 

Rahul Colaco, formerly CEO of Fraser & Neave, has been appointed head of ThaiBev’s non-alcoholic beverage business while retaining his position as chief of brand and commercial. 

Colaco previously led ThaiBev’s international spirits activities from 2024 until September 2025, when he moved to Fraser & Neave as CEO. 

ThaiBev CEO Thapana Sirivadhanabhakdi will retain his position, while Charoen Sirivadhanabhakdi will continue as chairman of the board and executive chairman. 

ThaiBev said the organisational changes will strengthen ThaiBev’s management capabilities by giving executives broader responsibilities and developing the next generation of leaders. 

The company said the structure is intended to support business continuity and sustainable growth while creating greater collaboration across its product groups. 

ThaiBev operates businesses spanning spirits, beer, non-alcoholic beverages and food, with the group maintaining operations and distribution networks across multiple markets. 

The latest changes follow previous organisational restructuring at ThaiBev aimed at strengthening its product-group structure and improving collaboration across its core markets.  

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