Budweiser beer maker Anheuser-Busch InBev has began a search for a replacement for its long-serving chief executive Carlos Brito, the Financial Times reported on Monday.

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The world’s biggest brewer is considering external candidates to replace Brito, who has been its CEO for 16 years and has overseen a string of mergers that transformed two Brazilian and Belgium drink makers into a global giant, the FT reported, citing people with knowledge of the matter.

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AB InBev declined to comment on the FT report, which also said that the company is currently considering only one internal candidate, Michel Doukeris, who heads its North America-based Anheuser-Busch business, citing the same sources.

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