You could change the name from Anheiser Busch to any number of companies and the story would be the same.
The founders who made the company rich and famous retired, new “experts” were brought in to “modernize” the brand, only to kill it in the process.
They problem was they employed college indoctrinated “educated” to these positions. They didn’t really learn squat about their field of expertise and it shows.
We see these college trained engineers come and go. They don’t know half of what the think they do!
In this case, after Auggie Busch retired in ‘06, his son “The Fourth” came in and promptly lost the company to InBev’s hostile takeover. “The Fourth” was/is a real piece of work, with a history of unfortunate young women dying in his company. And of course, “The Fourth” was/is a big supporter of the Democratic Party.
Agreed, look at what’s happening at the Vegas Venetian Resort after Adelman passed. Those in charge are all bean counters and it shows.