17 years after co-founding Scottish multinational brewery and pub chain BrewDog, CEO James Watt will step down from his position and assume a new role of ‘captain and co-founder.’ According to The Guardian, Watt informed the company board of his plans to step down last year, and COO James Arrow will take the reins as CEO. Watt will still own a 21-percent stake in BrewDog, and will remain active in company affairs and brand direction as a non-executive member.