Constellation Brands Announces Executive Appointments in Beer and Wine & Spirits Divisions
(Thomson Reuters ONE) -
Paul Hetterich and Bill Newlands taking on expanded leadership roles
VICTOR, N.Y., Jan. 25, 2016 - Constellation Brands, Inc. (NYSE: STZ and STZ.B),
a leading beverage alcohol company, announced today several executive
appointments across the organization to further bolster its business and support
the company's long-term growth strategies.
"These appointments illustrate the strength of leadership and the depth of
talent at Constellation Brands," said Rob Sands, president and chief executive
officer, Constellation Brands. "As we tap the next generation of Constellation
leaders, we are strengthening our organization by making changes that allow for
continued growth and development of our leaders, while ensuring continuity that
sustains and builds upon our dynamic growth. This is an exciting time for our
company and our people as we build for our future."
Bill Hackett, who has been with Constellation Brands since 1984 and currently
serves as president of Beer, has been named to the newly created role of
chairman of Beer. Hackett will continue to report to Rob Sands and remain a
member of the Executive Management Committee. In his new role as chairman,
Hackett will continue to provide guidance and insights on business strategies
and long-term vision for the beer business.
Paul Hetterich has been named president of Beer reporting to Rob Sands.
Hetterich has been with the company since 1986, and most recently served as
executive vice president, Corporate Development and Beer Operations. In addition
to his current responsibilities for beer operations, Hetterich will now have
oversight for the commercial functions of the beer business as well.
Bruce Jacobson has been promoted to chief commercial officer, Beer and will
assume additional responsibility for commercial operations reporting to Paul
Hetterich. Jacobson has led the Beer Division sales team since 2004.
"I am incredibly proud of what our Beer business has achieved, but I'm even more
excited about the future of our business," said Bill Hackett, chairman of
Constellation Brands' Beer Division. "Over the years, we've built a strong team
with a focus on developing the next generation of leaders. These promotions are
a continuation of that process. This is the right time to make these
changes. Our beer business is performing well and we have great momentum in the
marketplace. I look forward to the continued success of our Beer Division."
Bill Newlands has been named president of the Wine & Spirits Division and will
continue to report to Rob Sands. Bill will also retain responsibility for the
Growth Organization which provides insights and innovation activities across the
company. Ben Dollard, who was most recently president of Constellation's
Canadian Business, has been named chief growth officer and will have
responsibility across both the Beer and Wine & Spirits Divisions for driving the
growth agenda. Dollard has been with Constellation since 2001 and has strong
brand building, sales, marketing, and production experience. Dollard will report
to Newlands and also have reporting responsibility to Hetterich.
Jay Wright, currently president of Wine and Spirits, was named president of
Constellation's Canadian Business and will continue to report to Rob Sand.
Wright's strong relationships and deep knowledge and understanding of the
Canadian marketplace will help drive the continued growth of the Canadian
business.
All executive appointments are effective Jan. 26, 2016.
About Constellation Brands
Constellation Brands (NYSE: STZ and STZ.B) is a leading international producer
and marketer of beer, wine and spirits with operations in the U.S., Canada,
Mexico, New Zealand and Italy. In 2015, Constellation was one of the top
performing stocks in the S&P 500 Consumer Staples Index. Constellation is the
number three beer company in the U.S. with high-end, iconic imported brands
including Corona Extra, Corona Light, Modelo Especial, Negra Modelo and
Pacifico. Constellation is also the world's leader in premium wine, selling
great brands that people love including Robert Mondavi, Clos du Bois, Kim
Crawford, Meiomi, Mark West, Franciscan Estate, Ruffino and Jackson-Triggs. The
company's premium spirits brands include SVEDKA Vodka, Casa Noble Tequila and
Black Velvet Canadian Whisky.
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, sales in approximately 100 countries, about 40
facilities and more than 8,300 talented employees. We express our company
vision: to elevate life with every glass raised. To learn more, visit
www.cbrands.com.
CONTACTS:
Media
Cheryl Gossin: 585-678-7191
Mike McGrew (Beer): 312-873-9317
Alicia Laury (U.S. W&S): 415-912-3851
Michelle Saba (Canada): 905-564-6906 x5771
Investor Relations
Patty Yahn-Urlaub: 585-678-7483
Bob Czudak: 585-678-7170
Bruce Jacobson_CCO, Beer:
http://hugin.info/143788/R/1981178/725835.jpg
Jay Wright_President, Canadian Business:
http://hugin.info/143788/R/1981178/725838.jpg
Ben Dollard_CGO:
http://hugin.info/143788/R/1981178/725837.jpg
CBI Logo Full-Color Horizontal JPG:
http://hugin.info/143788/R/1981178/725829.jpg
Bill Hackett_Chairman, Beer:
http://hugin.info/143788/R/1981178/725833.jpg
Bill Newlands_President, W+S:
http://hugin.info/143788/R/1981178/725836.jpg
Paul Hetterich_President, Beer:
http://hugin.info/143788/R/1981178/725834.jpg
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Constellation Brands Inc via GlobeNewswire
[HUG#1981178]
Unternehmensinformation / Kurzprofil:
Datum: 25.01.2016 - 22:16 Uhr
Sprache: Deutsch
News-ID 446371
Anzahl Zeichen: 6961
contact information:
Town:
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Kategorie:
Business News
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