11/01/2019 13:30:00

Constellation Brands Elects Incoming CEO Bill Newlands to its Board of Directors

Related content
11 Jan - 
Four Stocks Set to Take Advantage of Hemp and Edibles L..
09 Jan - 
UPDATE - Constellation Brands Reports Third Quarter Fis..
09 Jan - 
Constellation Brands Reports Third Quarter Fiscal 2019 ..
Related debate
10 Jan - 
@frz Plus 2-3% i pre-market :-) Det var lidt af en over..
10 Jan - 
Den gjorde ondt at have i porteføljen i går. En grøn da..
10 Jan - 
Constellation Brands ($STZ) faldt 12% i gaar. Av av av...

VICTOR, N.Y., Jan. 11, 2019 (GLOBE NEWSWIRE) --  Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today the election of Bill Newlands, president and chief operating officer, and incoming chief executive officer of Constellation, to serve as a member of its board of directors, effective March 1, 2019, on which date the size of Constellation’s board will increase from 12 to 13 members.

“Bill has a deep understanding of consumer trends and an ability to leverage those insights to enhance our innovation pipeline and drive incremental growth.  His extensive beverage alcohol industry experience and appreciation for the values and principles that have made Constellation successful for more than 70 years make him ideally suited to serve as our next CEO and a great addition to our board of directors,” said Constellation Brands’ Chief Executive Officer Rob Sands.

Since February 2018, Newlands has served as president and chief operating officer, responsible for all operating aspects of the company, leading the executive management team, and advancing Constellation Brands’ position as the #1 total beverage alcohol company in the industry.  When Newlands becomes president and chief executive officer on March 1, 2019, he will be responsible for providing strategic leadership and working with the board of directors and leaders within the business to establish long-range goals, strategies and policies.

“Constellation is well-positioned for continued success with a strong portfolio of brands that align with consumer trends and that provides significant runway for future growth,” said Newlands.  “It’s an exciting time for our company.  I’m honored to join the board of directors and look forward to working together in continuing to shape the company’s future strategies and priorities.”

Newlands joined Constellation Brands in 2015 as executive vice president and chief growth officer.  In 2016, he assumed additional responsibilities as president of the company’s Wine & Spirits Division.  In 2017, he became the company’s chief operating officer, and assumed the role of president in early 2018.  Prior to joining Constellation Brands, Newlands held several senior leadership roles in the beverage alcohol industry spanning more than 30 years.

About Constellation Brands

Constellation Brands (NYSE: STZ and STZ.B), a Fortune 500® company, is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. Constellation is the No. 3 beer company in the U.S. with high-end, iconic imported brands such as Corona Extra, Corona Light, Modelo Especial, Modelo Negra and Pacifico. The company’s beer portfolio also includes Ballast Point, one of the most awarded craft brewers in the U.S., and Funky Buddha Brewery. In addition, Constellation is the world leader in premium wine, selling great brands that people love, including Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Black Box, Ruffino and The Prisoner. The company’s premium spirits brands include SVEDKA Vodka, Casa Noble Tequila and High West Whiskey.

Based in Victor, N.Y., the company believes that industry leadership involves a commitment to brand building, our trade partners, the environment, our investors and to consumers around the world who choose our products when celebrating big moments or enjoying quiet ones. Founded in 1945, Constellation has grown to become a significant player in the beverage alcohol industry with more than 100 brands in its portfolio; about 40 wineries, breweries and distilleries; and approximately 10,000 talented employees. We express our company vision: to elevate life with every glass raised.

To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

MEDIA CONTACTSINVESTOR RELATIONS CONTACTS

Mike McGrew 773-251-4934  |  Amy Martin 585-678-7141

Patty Yahn-Urlaub 585-678-7483  |  Bob Czudak 585-678-7170

 

Tom Conaway 585-678-7503

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/01c44196-719e-4a7f-88b1-c30bd8807380

A downloadable PDF copy of this news release enhanced with multimedia links can be found here: https://resource.globenewswire.com/Resource/Download/2e694ee8-8ef0-4e61-83a8-263327a4c678

2_Color_Vert(R).jpg

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
LoRa Alliance Passes 100 LoRaWAN™ Network Operator Milestone with Coverage in 100 Countries
2
General Cannabis Continues Expansion with Latest Office Opening in Los Angeles and Renovation of 15,000 Square Foot Denver Headquarters
3
Distilled Identity and Emerge Announce Technology Partnership to Solve Global Identity Crisis for Refugees
4
Bloomington-Normal Association of Realtors® Successfully Goes Live with Midwest Real Estate Data
5
Update on Parys Mountain Optimisation Study

Related stock quotes

Constellation Brands Inc 164.28 0.1% Stock price increasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Berlingske Media 2019  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
23 January 2019 02:03:39
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: ReleaseBuild_20190121.1 - EUROWEB6 - 2019-01-23 03:03:39 - 2019-01-23 02:03:39 - 1000 - Website: OKAY