Great Lakes Brewing Co. CEO Mark King resigns

What they're saying: "King was integral to the company's success through COVID and beyond," Great Lakes said in the statement, "including the stabilization of the core portfolio while spearheading new product innovations."

The big picture: Ohio's oldest craft brewery "is at a crossroads," Crain's Cleveland Business wrote in February.

• King was at the helm during an increasingly challenging market for craft beer.

The intrigue: In that context, Great Lakes was pursuing a new, more efficient facility to consolidate its production and packaging operations.

• One location under consideration is in the western suburb of Avon, which would mean Great Lakes would have a presence outside the city of Cleveland for the first time.

Yes, but: Great Lakes told Axios in December that it planned to continue operating its Ohio City brewpub "indefinitely," even as it considered new facilities at different sites.