We have to build up UTSA.'. Most recently he sold 40,000 units of CFR stock worth $4,292,400 on 25 February 2021. The Circus Group Corporation. At 71, he says hes not ready to retire. For UTSA President Taylor Eighmy, who secured a $15 million gift from Rackspace co-founder and downtown developer Graham Weston in 2018 for the School of Data Science on the Downtown Campus, the Alvarez gift accelerates the universitys ambitious campaign to raise $500 million in the coming years to fund UTSAs 10-year strategic plan. His recipe for BridgePort Ale proved popular and fueled the brewery's growth. On average, Carlos trades about 14,600 units every 144 days since 2003. VP. By Jesus Chavez Carlos Alvarez' is the founder of The Gambrinus Company, which became the U.S. importer for the Grupo Modelo beer brands. Like others, he got lost on his first visit, noting the lack of clear signs to find the way. It added new fermentation tanks, created the brewery's first testing laboratory for quality control, and built a new warehouse. Although Alvarez had no intention of tampering with the brewing process, he made other changes as soon as Gambrinus took over the Spoetzl Brewery. It's hard to imagine Gambrinus Company founder and Shiner Beers owner Carlos Alvarez and his wife Mal, the philanthropists behind the Impetus Foundation, struggling to build a beer business after moving here from Mexico in the 1980s. St. James Press, 2001. The products and services offered on this third party website are not provided or guaranteed by Frost. 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. Despite industry insiders who discounted the possibility of reversing the trend of declining sales with Moosehead, Gambrinus looked to apply some of the lessons it had learned with Corona beer. Alvarez gifts have also been leveraged to generate millions in additional gifts and state matching funds for UTSA. In the end, they chose to sell the business to Gambrinus. 1986 -Carlos Alvarez founds The Gambrinus Company and begins selling and marketing the Grupo Modelo brand portfolio - Corona Extra, Corona Light, Modelo Especial, Negra Modelo and Pacifico Clara - in the eastern half of the United States and Texas. The Registered Agent on file for this company is CT Corporation System and is located at 1627 Quarrier St, Charleston, WV 25311-2124. It also publicized the results of a beer-testing company, which found Corona free of contaminants. The company made an initial public offering of stock in 1995, debuting at $18 a share and reaching a high of $26.50. As the Independent Director of Cullen Frost Bankers, the total compensation of Carlos Alvarez at Cullen Frost Bankers is $124,977. I got the (Modelo) job because of my English, not because I was experienced in exporting beer.. And he kept inviting me back, sharing his views about the community, mentoring me. 2023 Nonprofit journalism for an informed community. The company has 4 contacts on record. The New York Times Reports: "No existing defense can stop it." Under terms of the acquisition, Gambrinus paid $6.375 per share. His Mexican heritage plays a role in his business. By the late-1970s he had risen to become the company's export director. No te la puedes perder! "Crossing the bridge of Juarez into El Paso really never felt as as great," Alvarez said of when he became a citizen. The contacts are Carlos Alvarez from San Antonio TX, James Bolz from San Antonio TX, John Horan from San Antonio TX, and Russell Cunnincham from San Antonio TX. In 1997 Gambrinus gained its first national distribution deal for an imported beer when it acquired the distribution and marketing rights for Canada's Moosehead beer from the Guinness Import Corporation. Before the call ends, he makes sure to reinforce whats important: the need to safeguard the extraordinary missions and keep the plaster from falling onto its pews. Gambrinus added to its brewery businesses in 1998, purchasing Pete's Brewing Company for $69 million. Registro en:. 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. Carlos Alvarez and daughter Mal Alvarez '02 seated and surrounded by Davidson's Alvarez Scholars. We wanted to recognize [the Alvarez Family] for their generosity, said Romo regarding the decision to rename San Saba Hall after the Alvarez Family. The brewery is owned by the Gambrinus Company, based in San Antonio, and with each glass of Shiner beer comes a taste of history and pride. He and his family are originally from Mexico, and he founded the company in San Antonio, Texas, in 1986. We sold 600 cases, 20 bottles in each case, our first year in Austin. 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. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, California (Trumer Brewery). He considers the time, place and meal before him. Owned by Carlos Alvarez, Gambrinus Company of San Antonio, Spoetzl Brewery currently produces four standard styles of beer and two specialty seasonals, encompassed within the umbrella of the Shiner Beer name. But before Alvarez took over the brewery the largest manufacturer of craft beer in Texas he was born in Acapulco, Mexico, and grew up around the beer business. The Gambrinus Company was founded in 1986 by Carlos Alvarez and is headquartered in San Antonio. Proceeds will fund the restoration, preservation and maintenance of the four missions on the citys South Side. This chart shows Carlos Alvarez's buying and selling at Cullen/Frost Bankers by year and by quarter. They are part of the Executive team within the C-Suite Department and their management level is C-Level. Mr. Carlos Alvarez is chairman and CEO of The Gambrinus Company, which he founded in 1986 when he moved from his native Mexico with his family to San Antonio. Carlos Alvarez. Contact. Industry Alcoholic Beverage Wholesale Revenue $170.0M Employees 446 Founded in - Headquarters San Antonio, TX Website private3.gambrinusco.com Meet Our Business Members & Supporting Foundations, San Antonio aims to take flight with a new airport experience, Former San Antonio school board member targeted by fringe podcasters with taped conversation. Mr. Alvarez has made significant contributions to these and other educational institutions endowment programs, particularly those that drive greater international engagement. 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. Although the beer was known for its distinctive bottle, the partners decided in June 2000, after years of development, to introduce Corona in cans. The squat brown bottles gave way to the signature clear bottles with the painted labels. It's easy to unsubscribe if we're not a good fit for you. Alvarez says hes staying on the job and vows to keep his business private, growing and relevant. For a full list of business members, clickhere. Aided by an increased marketing budget, Corona was then able to renew its pattern of growth, which many in the beverage industry had thought to be highly unlikely. The Carlos and Mal Alvarez Residence Hall, formerly San Saba Hall, was completed in 2013 and houses 618 students in a suite-style layout. Dolph Briscoe, to Sam Barshop, and to other community leaders, Alvarez said. And as expected, Portlanders were upset when the founders, sold to the Gambrinus Company a large beer distributor and brewer in San Antonio in 1995, whose founder, Carlos Alvarez's, original beer operation was in Acapulco, Mexico - creating all kinds of ominous predictions about the future of Bridgeport. Finally, we can read about how these great companies came about with Company Histories.. He may not be done giving either. In addition, he makes $124,977 as Independent Director at Cullen Frost Bankers. 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. Please note that you'll still be able to view the current page on frostbank.com. "Oh, I love beer," said Carlos Alvarez, owner of the Gambrinus Company, which runs Spoetzl Brewery. 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. The beer wasnt very good, so the Bavarian-born Kosmos Spoetzl bought the brewery and named it after himself. Shiner had something of a cult following among the city's young adults and was making inroads in Houston and Dallas. I have a great love for the missions, he said. An immigrant from Acapulco, Mexico, Alvarez came to the U.S. and turned a family interest into a Texas enterprise. I dont know why he did it, but he became my padrino, my godfather. Carlos's mailing address filed with the SEC is 14800 SAN PEDRO AVENUE, , SAN ANTONIO, TX, 78232. Building on its U.S. success, Corona was now sold in more than 140 countries and had become the top-selling Mexican beer in the world and the fifth largest overall. Heres what you need to know. (March 23, 2015) -- The University of Texas at San Antonio (UTSA) dedicated Carlos and Mal Alvarez Residence Hall at a ceremony on Friday, March 20. 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. Mr. Alvarez has extensive experience in all facets of business, including a strong background in operations and sales. The Gambrinus Company is a family-owned company located in San Antonio, Texas. 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). 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. Email . 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