Constellation Brands Announces Wine & Spirits Leadership Transition
2024年1月5日 - 8:45AM
Constellation Brands Announces Wine & Spirits Leadership
Transition
Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol
company, today announced that the Company and Robert Hanson, who
has led the transformation of the company’s Wine & Spirits
business since 2019, have mutually agreed that Mr. Hanson will step
down from his role as Executive Vice President and President of the
company’s Wine & Spirits Division, at the end of
Constellation’s fiscal year on February 29, 2024. The company has
initiated a search to identify a successor. Bill Newlands,
President and Chief Executive Officer, will assume responsibilities
as interim leader for the company’s Wine & Spirits Division, in
addition to his existing responsibilities, until a successor is
named. Newlands and Hanson will work together over the coming weeks
to ensure a smooth transition of leadership.
“Robert has been instrumental in leading the charge to
reposition our Wine & Spirits business to a higher-end
portfolio of brands more aligned with consumer trends, with an
expanded focus to include global, omni-channel distribution, with
more robust and targeted international and direct-to-consumer sales
channels,” said Bill Newlands, President and Chief Executive
Officer at Constellation Brands. “We thank Robert for his
transformational vision, drive and commitment to our business over
the past 11 years, first as a Board Director, and then as President
of our Wine & Spirits Division, and we wish him the best in his
future endeavors.”
Hanson joined Constellation in June 2019 after successfully
serving in CEO and President positions at John Hardy Global
Limited, American Eagle Outfitters, and Levi Strauss & Co. He
also served as a valued member of Constellation’s Board of
Directors from 2013 to 2019. Under Hanson’s leadership over the
past four-and-a-half years, the company’s Wine & Spirits
Division has significantly reshaped its brand portfolio through a
series of divestitures of lower-end brands, several tuck-in
acquisitions of higher-end fine wine and craft spirits brands,
consumer-led innovation, and by establishing a strong operational
foundation for long-term success and more profitable growth.
“I am proud to have served both the Board and the Wine &
Spirits Division of Constellation Brands, have a deep admiration
and respect for the company and its iconic beverage alcohol
portfolio and, in particular, its talented team members,” said
Hanson. “With the strategic, operational and capability
transformation of the company’s Wine & Spirits business in
place, this is the right time for me to transition leadership and
to step down from my role with the company and pursue my future
career goals. I look forward to the continued success of the team
in the years ahead.”
ABOUT CONSTELLATION BRANDSConstellation Brands
(NYSE: STZ) is a leading international producer and marketer of
beer, wine, and spirits with operations in the U.S., Mexico, New
Zealand, and Italy. Our mission is to build brands that people love
because we believe elevating human connections is Worth Reaching
For. It’s worth our dedication, hard work, and calculated risks to
anticipate market trends and deliver more for our consumers,
shareholders, employees, and industry. This dedication is what has
driven us to become one of the fastest-growing, large CPG companies
in the U.S. at retail, and it drives our pursuit to deliver what’s
next.
Every day, people reach for our high-end, iconic imported beer
brands such as those in the Corona brand family like the flagship
Corona Extra, Modelo Especial and the flavorful lineup of Modelo
Cheladas, Pacifico, and Victoria; our fine wine and craft spirits
brands including The Prisoner Wine Company, Robert Mondavi Winery,
Casa Noble Tequila, and High West Whiskey; and our premium wine
brands such as Kim Crawford and Meiomi.
As an agriculture-based company, we have a long history of
operating sustainably and responsibly. Our ESG strategy is embedded
into our business and our work focuses on serving as good stewards
of the environment, enhancing social equity within our industry and
communities, and promoting responsible beverage alcohol
consumption. These commitments ground our aspirations beyond
driving the bottom line as we work to create a future that is truly
Worth Reaching For.
To learn more, visit www.cbrands.com and follow us
on X, Instagram, and LinkedIn.
MEDIA CONTACTS |
INVESTOR RELATIONS CONTACTS |
Amy Martin 585-678-7141 /
amy.martin@cbrands.com Carissa Guzski 315-525-7362 /
carissa.guzski@cbrands.com |
Joseph Suarez 773-551-4397 /
joseph.suarez@cbrands.com Snehal Shah 847-385-4940 /
snehal.shah@cbrands.comDavid Paccapaniccia 585-282-7227 /
david.paccapaniccia@cbrands.com |
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A downloadable PDF copy of this news release can be found
here: http://ml.globenewswire.com/Resource/Download/6f879f06-e200-4633-8058-dc27ea98a53e
Constellation Brands (LSE:0REP)
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