Carlos Alvarez is 69, he's been the Independent Director of Cullen Frost Bankers since 2001. Learn More on Cullen/Frost Bankers' active insiders. This chart shows Carlos Alvarez's buying and selling at Cullen/Frost Bankers by year and by quarter. Corona eclipsed Canada's Molson as America's number two imported beer and appeared poised to pass the Netherlands' Heineken, which according to the beverage industry publication Impact had been the top selling import since the repeal of Prohibition in 1933. The company owns America's number two craft brewer, Pete's Brewing Company, maker of Pete's Wicked Ale. This marked the beginning of Corona's journey to become the #1 imported beer int the U.S. It was in 1986 that Alvarez left Modelo to distribute Corona on his own, creating The Gambrinus Company, named after the mythic Flemish king known for his love of beer. But before Alvarez took over the brewery - the largest manufacturer of craft beer in. 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. 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. "Oh, I love beer," said Carlos Alvarez, owner of the Gambrinus Company, which runs Spoetzl Brewery. Robert Rivard, co-founder of the San Antonio Report, is now a freelance journalist. Carlos Alvarez, founder and owner of The Gambrinus Company at BridgePort Brewing University of California, Davis - June 15, 2015 - 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. Luis Alvarez is a Director, Operations at The Gambrinus Company based in San Antonio, Texas. The couple has contributed $100,000 to the event. The Gambrinus Company was founded in 1986 by Carlos Alvarez and is headquartered in San Antonio. 11 Ratings. Mr. Alvarez has extensive experience in all facets of business, including a strong background in operations and sales. Modelo had good reason to be pleased with its American partners. By Jesus Chavez 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). With its Pete's Wicked Ale and savvy advertising strategy, the company was an early success story in the rising microbrewery business. The Banking segment operates commercial and consumer banking services. Email . "Oh, I love beer," said Carlos Alvarez, owner of the Gambrinus Company, which runs Spoetzl Brewery. I just wish there would be a greater and more assertive way for us to benefit from them, he said. He used a family recipe he perfected that is still used today, and only in Shiner. The Gambrinus Company has announced a $1 million gift to the brewing science program at UC Davis. Wicked Ware, Inc. Carlos L. Alvarez: Miami, FL Hialeah, FL Miami Beach Unisex Beauty School, Inc. . 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. The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. An immigrant from Acapulco, Mexico, Alvarez came to the U.S. and turned a family interest into a Texas enterprise. 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). I was an orphan with no line of credit and a leased office, and thats when I met Tom Frost, Alvarez recalled. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, Calif. (Trumer Brewery). Its growth was a flash explosion, rather than something sustainable. The Alvarezes are grateful for what San Antonio gave to them when they came here from Mexico, and this is their way of paying it forward.. 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. I was so fortunate to be successful, and eventually, to be invited to serve on the Frost Bank board of directors. Lacking market data, Gambrinus and Barton did not really know who was buying Corona and why. A year later he purchased the brewery that would then bear his name. Alvarez owns 334,000 shares of Cullen/Frost Bankers stock worth more than $44,422,000 as of March 1st. This rating has improved by 4% over the last 12 . The Corona partners also looked to sell more to the Latin community, targeting individual Hispanic groups, rather than lumping them together. Under terms of the acquisition, Gambrinus paid $6.375 per share. Carlos Alvarez works as a Board Member at The Gambrinus Company, which is a Grocery Retail company with an estimated 218 employees; and founded in 1986. Thank you for this great honor.. Ayala: Beer magnate Carlos Alvarez is a pretty good salesman for the citys missions, S.A. mom sentenced for transporting meth with kids in car. He convinced Modelo to sell its Corona Extra beer outside of Mexico. In the late 1980s, I was trying to sell Corona in a short, stubby brown bottle with a paper label. 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. She sent him to Michigan as an exchange student for five months. The Carlos and Mal Alvarez Residence Hall, formerly San Saba Hall, was completed in 2013 and houses 618 students in a suite-style layout. Alvarez, the CEO and chairman of the Gambrinus Company - which owns BridgePort Brewing, Spoetzl Brewery, Trumer Brewery, and Tappeto Volante - has gifted the school with $1 million to build. Best known as the owner and brewer of Shiner Beers, Gambrinus also owns the BridgePort Brewery in Portland, Ore. and the Trumer Brewery in Berkeley, Calif. Subscribe to our free daily newsletter for the latest headlines first thing every morning. Tom Frost invited to me to lunch at the Plaza Club and introduced me to [former] Gov. Gambrinus also owns Trumer Brauerei in Berkeley, California. For the next 20 years, Gambrinus was responsible for selling and marketing what would become the most successful brand in contemporary beer marketing historyCorona Extra. He serves on the national board of the World Affairs Councils of America and is a past president of the World Affairs Council of San Antonio. . The company's filing status is listed as Active and its File Number is 147267. Carlos's mailing address filed with the SEC is 14800 SAN PEDRO AVENUE, , SAN ANTONIO, TX, 78232. The Gambrinus Company includes more than . Te invitamos a la charla con Carlos lvarez, CEO de The Gambrinus Company y Jos Antonio Fernndez. Until repeal the brewery managed to survive by making ice and producing 'near beer,' which contained an allowable 0.5 percent of alcohol. Gambrinus is also the fifth top-selling craft brewing company in the country. One of the partners, who was devoted to the brewery almost to the point of obsession, however, refused to sell and went to court to block the Gambrinus deal. In addition to Corona, Gambrinus distributed several other Modelo beers and in 1989 entered the brewery business itself with the purchase of the Spoetzl Brewery, maker of Shiner Beer, located in the small town of Shiner, Texas. Even venerable Guinness enjoyed a newfound popularity with younger beer drinkers. Editors note: Readers interested in learning more about the history of the Spoetzl Brewery and Shiner Beer will enjoy this 1976 short documentary film, The Last of the Little Breweries: Shiner. Gambrinus is best known for selling and marketing Shiner Beers, all of which are brewed at the Spoetzl Brewery in Shiner, Texas, throughout the United States. Learn More on Carlos Alvarez's contact information. A set of two 12-ounce straight pull steel tab beer cans is empty. Briscoe is that we had to help build UTSA into a great university. The beer was so popular that in many instances it had to be rationed to bars, restaurants, and stores. The Gambrinus Company 14800 San Pedro Avenue San Antonio, Texas 78232-3733 U.S.A. Telephone: (210) 490-9128 Fax: (210) 490-9984 Private Company Incorporated: 1986 Employees: 300 Sales: $425 million (1999 est.) 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. It added new fermentation tanks, created the brewery's first testing laboratory for quality control, and built a new warehouse. In 1914 the Association brought in Kosmos Spoetzl, a Bavarian brewmaster with his own family recipe, and leased the facilities to him. In 1986 the company changed its name to BridgePort Brewing Company and opened the BridgePort BrewPub to the public. Cullen/Frost Bankers, Inc. is a financial holding company, which engages in the provision of commercial and consumer banking services. He also canceled all out-of-state agreements for Shiner beers, which had been sold to anyone willing to buy a shipment, even as far away as Arizona and Ohio. The new package was intended to fill a gap, providing customers with Corona in places that prohibited bottles, such as airplanes, stadiums, and golf courses. Privacy Policy. These artfully crafted beers have claimed 13 awards in major beer competitions throughout the world in the past two years. Its rattlesnake season in Texas. | Obtn ms informacin sobre la experiencia laboral, la educacin, los contactos y otra informacin sobre Carlos Alvarez visitando . Senior Administrative Coordinator for Academic Affairs . Finally, we can read about how these great companies came about with Company Histories.. He also serves as a trustee and board member for a number of organizations, but there is one accomplishment he feels most proud. Learn More about Carlos Alvarez's net worth. These moments in time and history for institutions like UTSA are rare, Eighmy said. Chart Data in Insider Trading History Table. 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. 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 . 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. 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. In Mexico, its so important to find the right padrino for your kids, someone who can help them make it in life, and I ended up with the best padrino of all, Alvarez said. Gambrinus, as it had done with Spoetzl, instituted a number of immediate changes. The Alvarez family owns the Gambrinus Company in San Antonio, which sells and markets Shiner Beers. Man charged with murder cut off ankle monitor, last seen in San Antonio, Wife of man charged with dogs' deadly attack arrested, according to affidavit, Near 90 Wednesday, chance for severe weather later in the week | FORECAST, 'I was devastated': Portland woman who abandoned car during snowstorm shocked by $787 bill from tow company, Hispanic Heritage Month: Head high school coaches in San Antonio share experiences, insight, How UTSA goes the extra mile for Hispanic and Latinx students. But when he needs a refreshing drink that quenches a thirst, he still proves to be a salesman. Whoops! This workshop will explain what a citation manager is and how it can help you organize your citations, insert citations as you write your paper, and generate your bibliography. People Also Search For: San Antonio is the U.S. metropolitan area closest to Mexico City, a grounded connection that stretches back to New Spain and Mexico. It's easy to unsubscribe if we're not a good fit for you. The beer wasnt very good, so the Bavarian-born Kosmos Spoetzl bought the brewery and named it after himself. 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. Alvarez, you and your wife have made contributions that are going to have lasting impressions, said Dunn, who is also a beneficiary of the Alvarez familys support. The Gambrinus Company was founded in 1986 by Carlos Alvarez and is headquartered in San Antonio. Work Biography for Carlos Alvarez, The Gambrinus Company. "Real gratifying experience to see that this brewery that was going out of business has been able to not only survive, but to thrive," Alvarez said. 1997Corona Extra becomes the #1 imported beer in the U.S. 1998Gambrinus acquires Petes Brewing Company, a leading craft brewery founded by Pete Slosberg. 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. In the last twelve months, Cullen/Frost Bankers insiders bought shares 1 times. The changes made by new ownership soon began to show results. In the end, they chose to sell the business to Gambrinus. We do not sell or share your information with anyone. Pete's Brewing Company. Notifications can be turned off anytime in the browser settings. Brewing in Berkeley allows beer drinkers in the United States to enjoy Trumer the way it was meant to be: fresh. Carlos Alvarez. We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered. By the late-1970s he had risen to become the company's export director. Since then, the brewery has grown to be one of the leading independent brewers in the country. Owner Carlos Alvarez founded Gambrinus in 1986. He said the process took him upwards of five years. Students, faculty, staff and alumni, members of the Alvarez Family and representatives of the Cambrinus Company gathered into the lobby of the residence hall to honor attendees Carlos Alvarez, president and CEO of The Gambrinus Company, and his wife, Mal, for their ongoing support of UTSA. Drinking Corona had become a fad, as a number of consumers simply tried the beer then returned to their usual domestic brand. The company was founded by Thomas Clayborne Frost in 1868 and is headquartered in San Antonio, TX. Id sit at a bar, eating chips and salsa, trying to get the bartenders attention before closing time. We have to build up UTSA.'. You can see the complete history of Mr. Alvarez stock trades at the bottom of the page. The estimated Net Worth of Carlos Alvarez is at least $55.4 Million dollars as of 25 February 2021. By 1985 sales reached five million cases. Alvarez wanted to make sure that the product was handled properly, and so for the sake of quality control and long-term growth he contracted the sales territory. The Gambrinus Company was founded in 1986 by Carlos Alvarez and is headquartered in San Antonio. Carlos Alvarez NPR Board member Carlos Alvarez is CEO of The Gambrinus Company, a leading craft brewer in the United States that he founded in San Antonio, Texas in 1986, . Then the bubble for the microbrewers burst. The ascendance of Corona in the '80s is a story that is well . There was an error and we couldn't process your subscription. The shares were sold at an average price of $105.04, for a transaction totalling $4,201,600.00. Selling in a 75-mile range of Shiner, Spoetzl was starting to succeed with his beer when Prohibition went into effect. It also publicized the results of a beer-testing company, which found Corona free of contaminants. 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. He is committed to education and has served on the board of trustees of School Year Abroad and Saint Marys Hall in San Antonio and is a member of the Chancellors Circle for the University of Texas system. Carlos has made over 21 trades of the Cullen Frost Bankers stock since 2005, according to the Form 4 filled with the SEC. Learn More on Carlos Alvarez's trading history. Over the last 20 years, insiders at Cullen Frost Bankers have traded over $126,069,069 worth of Cullen Frost Bankers stock and bought 647,428 units worth $45,913,564 UTSA, a premier public research university, fosters academic excellence through a community of dialogue, discovery and innovation that embraces the uniqueness of each voice. Copyright 2023 Surperformance. To accommodate a lime wedge, so often associated with the beer, the can was designed with a wide mouth opening. He reaches for Shiner Bock, he says. In addition, he makes $124,977 as Independent Director at Cullen Frost Bankers. The gift will fund new brewing and laboratory equipment at UC Davis to create the brewery of the future. The oldest executive at Cullen Frost Bankers Inc. is Emily A. Skillman, 76, who is the Group Exec. [BREAKING] New "Living Missile" to Replace Nuclear Missiles. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property - for Texas, the nation and the world. The products and services offered on this third party website are not provided or guaranteed by Frost. He jokes that if he was ever Mex-Tex, hes now definitely more Tex-Mex.. The site you are about to enter may be less secure and may have a privacy statement that differs from Frost. Last updated: 29 April 2022 at 3:07pm EST. The most recent insider tranaction occured on February, 14th when insider Paul Bracher sold 5,848 shares worth more than $765,912.56. There was not much interest, Alvarez recalled in a Wednesday conversation. You're about to open a third-party website in a separate browser window. Local legend maintained that Spoetzl would occasionally forget to boil off the alcohol in select batches. It is now America's top imported beer, after surpassing Heineken in 1997. 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 Disclosure: Shiner Beers andGraham Westons 80/20 Foundation are financial supporters of the San Antonio Report. Its why San Antonio is seen as the most Mexican of U.S. cities and the Mexican American cultural capital of the U.S. Its the city Alvarez chose to make his entrepreneurial mark. Alvarez gifts have also been leveraged to generate millions in additional gifts and state matching funds for UTSA. VP. We love San Antonio, just like you. The Registered Agent on file for this company is CT Corporation System and is located at 1627 Quarrier St, Charleston, WV 25311-2124. They hired Karl Ockert, a University of California, Davis Brewing graduate, to build and run the brewery. 2023 Nonprofit journalism for an informed community. Other area microbreweries, however, expanded more rapidly through public offerings of their stock. Alvarez founded Gambrinus in 1986 after moving from Mexico to San Antonio. Although the rumors were dispelled, Corona sales plummeted in 1989. Learn More about insider trades at Cullen/Frost Bankers. In time, Modelo was sold to Belgian owners and Gambrinus lost its exclusive import rights to states west of the Mississippi. Cullen Frost Bankers executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. First Friday Stargazing gives anyone free access to the night sky using university telescopes and teaching equipment. 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. Carlos Alvarez (left) president of the Gambrinus Co., presents a plaque commemorating the tenth anniversary of the Gambrinus Company's acquisition of the Spoetzl Brewery to John Hybner, Spoetzl brewmaster. "Crossing the bridge of Juarez into El Paso really never felt as as great," Alvarez said of when he became a citizen. Spoetzl is the oldest independent brewery in the State of Texas that began its storied history by brewing beer with old-world traditions and recipes for the many German and Czech settlers in the state. Gambrinus also invested millions to upgrade the facilities. BridgePort was the oldest operating microbrewery in Oregon, an area which had become a hotbed for craft brewing. She covers San Antonio and Bexar County with special focus on communities of color, demographic change, Latino politics, migration, education and arts and culture. As an institution expressly founded to advance the education of Mexican Americans and other underserved communities, our university is committed to ending generations of discrimination and inequity. 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. 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. This net worth evaluation does not reflect any other assets that Alvarez may own. When regular beer production resumed in 1933, Spoetzl became prosperous enough to replace the original wood and tin building with a stone structure. The Gambrinus Company. Mr. Alvarez owns over 40,000 units of Cullen Frost Bankers stock worth over $38,602,200 and over the last 20 years he sold CFR stock worth over $16,671,380. 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. 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. Alvarez, a native of Mexico, arrived in the U.S. in 1986 to become the founder, president and chief executive officer of The Gambrinus Company. Proceeds will fund the restoration, preservation and maintenance of the four missions on the citys South Side. The squat brown bottles gave way to the signature clear bottles with the painted labels. He and his family are originally from Mexico, and he founded the company in San Antonio, Texas, in 1986. The distributor convinced Modelo, as well as wholesalers and retailers, to absorb the tax increase, which amounted roughly to 50 cents per six-pack. Gambrinus has an overall rating of 3.3 out of 5, based on over 17 reviews left anonymously by employees. Spoetzl was hardly aggressive in marketing Shiner beer, mostly driving around in his truck, accompanied by his dog, giving away samples to farmers as they worked, or at community gathering places. Gambrinus is licensed to distribute Corona in Texas and the states east of the Mississippi River. "While everyone is there out there at the beach, at the by the pool, that was torture," Alvarez says with a laugh. There are no reviews yet for this company. 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. The 1976 documentary The Last of the Little Breweries shares the companys struggle in competing against larger beer companies. "My father was a beer distributor," Alvarez said. He and his wife, Man, most recently gave the University of Texas at San Antonio $20 million, the largest-ever gift from a living donor. His successful beer company, The Gambrinus Co., has not only made him wealthy but a well-known beer magnate. You can see the complete history of mr. Alvarez has extensive experience in all of... Been leveraged to generate millions in additional gifts and state matching funds for UTSA proves to be,. 0.5 percent of alcohol good reason to be rationed to bars, restaurants, and thats when met. Generate millions in additional gifts and state matching funds for UTSA stubby bottle. 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