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Tuesday, August 28, 2007

Denver Mayor Hickenlooper Sells Interest in Wynkoop Brewing

John Hickenlooper parlayed the name recognition and business knowledge that came from running one of the nation's most successful brewpubs into a winning bid to become the mayor of Denver. Now Hickenlooper has decided to sell off his interest in the business and focus on politics.

Mayor Hickenlooper founded Wynkoop Brewing Co. in 1988 and was a shareholder in Wynkoop Holdings Inc., which owned several other popular Denver restaurants. Hickenlooper sold his 40 percent share in the company, which had been in a blind trust, back to the holding company.

The Wynkoop ownership group now includes senior managers and long term employees of Wynkoop Brewing and the other restaurants.

Wynkoop is credited with starting the revival of the Lower Downtown (LoDo) section of Denver. The area is now one of the more popular sections of the city. Hickenlooper was first elected in 2003 and then reelected in 2005.

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