August Busch III
| August Busch III | |
|---|---|
| Born |
August Anheuser Busch III June 16, 1937 St. Louis, Missouri, U.S. |
| Occupation | World Brewing Executive |
| Spouse(s) | Susan Hornibrook, m. 1963, div. 1969 Virginia Lee Wiley, m. 1974 |
| Children |
August A. Busch IV, Susie Busch-Transou, Steven Busch, and Virginia "Ginny" Busch, Michael Ralph Busch 8-22-1967-8-23-1967. |
| Parent(s) | August A. "Gussie" Busch, Jr. |
August A. Busch IV, Susie Busch-Transou, Steven Busch, and Virginia "Ginny" Busch,
August Anheuser Busch III (born June 16, 1937) is a great-grandson of Anheuser-Busch founder Adolphus Busch and was the company's Chairman until November 30, 2006. August Busch III is informally known as "Auggie" and as "The Third" or "Three Sticks" by subordinates and employees at Anheuser-Busch.
He is the father of August Busch IV.
August Anheuser Busch III was born in St. Louis, Missouri on June 16, 1937. He attended the University of Arizona, but dropped out after failing. His father then gave him an ultimatum, and he began working in an entry-level position in Anheuser Busch.
August Busch III served as President of the Anheuser-Busch Companies, Inc. (ABC) from 1974 until June 2002, and Chief Executive Officer of ABC from 1975 until June 2002. He was Chairman of the Board of Directors of ABC from 1977 to 2006.
He was succeeded as the day-to-day operational head of Anheuser-Busch by Patrick Stokes. Stokes' tenure marked the first time in the history of the company that a non-Busch family member ran the day-to-day operations. Busch also conferred the chairmanship to Stokes effective December 1, 2006. He retired from their executive functions at the company on November 30, 2006. He will continue to serve on Anheuser-Busch's board.
He has been a director of AT&T Inc. since October 1983. He served as a Director of Southwestern Bell Telephone Company from 1980 to 1983. The CEO of SBC/AT&T, Ed Whitacre, simultaneously served on the board of A-B. They were joined on both boards by Charlie Knight, the CEO of Emerson Electric. Whitacre also served on the board of Emerson. Busch voted to approve $115 million of pay for Whitacre in a five-year period. Busch is Chairman of the Anheuser-Busch Corporate Governance and Nominating Committee and a member of the Corporate Development Committee and the Executive Committee.
As of 2007, Busch remains a Director of A-B, headquartered in St. Louis, Missouri, and Emerson Electric Co., and an Advisory Member of the Board of Directors of Grupo Modelo, S.A. de C.V.
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