Constellation Brands Adds Chief Operating Officer Role and Names Bill Newlands
(Thomson Reuters ONE) -
Chris Stenzel Appointed President Wine & Spirits Division
VICTOR, N.Y., Jan. 25, 2017 - Constellation Brands, Inc. (NYSE: STZ and STZ.B),
a leading beverage alcohol company, today announced that Bill Newlands has been
named executive vice president, chief operating officer, a new position within
the company. A 30-year industry veteran, Newlands joined Constellation in 2015
as executive vice president and chief growth officer and currently serves as
president of the Wine & Spirits Division. This change enables the company to
continue to build bench strength for critical leadership roles in the future.
In his new role, Newlands will oversee the Beer Division, Wine & Spirits
Division and Growth organization. He will report directly to Rob Sands,
president and chief executive officer. Newlands will focus on advancing
strategic growth opportunities across the company to fully leverage
Constellation's position as a leading total beverage alcohol company.
"Bill simply is one of the 'best of the best' in the industry," said Sands. "He
is a dynamic leader with a unique capacity to translate vision into reality. He
has ignited our approach to company-wide innovation and driven growth within our
Wine & Spirits Division. The creation of the COO role will allow Bill to bring
that talent to the entire organization and continue to fuel our momentum," Sands
added.
With Newlands' transition to chief operating officer, the company is announcing
additional leadership changes.
"As an organization, we continue to evolve and change because we are relentless
in driving forward and these appointments position the next generation of
leadership to build on our dynamic growth," said Sands.
Chris Stenzel has been promoted to executive vice president, president, Wine &
Spirits Division. Stenzel has over 18 years of beverage alcohol experience,
joining Constellation Brands in 2008. Since that time, he has held a number of
senior roles including leading our Wine & Spirits finance division and most
recently as senior vice president finance for the Beer Division. Stenzel is a
trusted strategic counselor to leadership across the organization bringing deep
commercial and operational knowledge and experience to his new role. Stenzel and
Paul Hetterich, president of the Beer Division, will both report to Bill
Newlands.
Ben Dollard will transition to the role of senior vice president, chief
marketing officer and International for the Wine & Spirits Division and report
to Chris Stenzel. Dollard came to the company in 2001 and most recently served
as chief growth officer and previously led the Canadian wine business.
Jared Fix will assume the role of senior vice president, chief growth officer
with responsibility for driving the company's growth strategy across both the
Beer and Wine & Spirits Divisions. He will report to Bill Newlands. Fix joined
Constellation in 2015 as senior vice president and chief marketing officer, Wine
& Spirits Division.
All executive appointments are effective January 30, 2017.
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, Canada, New Zealand and Italy. 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. In addition, Constellation is 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
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 facilities and approximately 8,000 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
Investor Relations
Patty Yahn-Urlaub: 585-678-7483
Bob Czudak: 585-678-7170
Paul Hetterich Photo:
https://hugin.info/143788/R/2073525/779437.jpg
Ben Dollard Photo:
https://hugin.info/143788/R/2073525/779436.jpg
Jared Fix Photo:
https://hugin.info/143788/R/2073525/779438.jpg
Chris Stenzel Photo:
https://hugin.info/143788/R/2073525/779435.jpg
Bill Newlands Photo:
https://hugin.info/143788/R/2073525/779434.jpg
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Constellation Brands Inc via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 25.01.2017 - 22:15 Uhr
Sprache: Deutsch
News-ID 520014
Anzahl Zeichen: 6040
contact information:
Town:
Victor
Kategorie:
Business News
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"Constellation Brands Adds Chief Operating Officer Role and Names Bill Newlands"
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