Dutch brewing giant appoints new CEO

Dutch brewer Heineken appointed insider Jean-Francois van Boxmeer as chief executive on Tuesday to replace Anthony Ruys in a shake-up promoting younger blood to help revive the group's sluggish shares.

The world's fourth-biggest brewer said Ruys, 57, will step down earlier than expected on Oct. 1 and be succeeded by Belgian van Boxmeer, 43, who is executive board member in charge of production in most of Europe, Africa and the Middle East.

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