Leo: Coors Will Likely Replace Frits in Early 2008

Molson Coors global chief exec, and acting Coors Brewing Co. chief Leo Kiely said that the brewer would likely replace departing chief Frits van Paasschen "as we get into 2008" at the Lehman Brothers Back-to-School conference yesterday in Boston. Leo said Frits departure was because it was a great offer and understands "why he was at least tempted." Frits did cut a good deal at Starwood: $1 million a year in salary, plus a $3 million signing bonus, half in