Constellation Brands Elects Daniel J. McCarthy of Frontier Communications Corporation to its Board of Directors
July 24 2015 - 8:42AM
VICTOR, N.Y., July 24, 2015 -
Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading
beverage alcohol company, announced today that its board of
directors increased the size of the board from nine to 10 members.
In addition, the board elected Daniel J. McCarthy, 51, President
and Chief Executive Officer of Frontier Communications Corporation,
to serve as a member of the board, effective as of the close of
business on July 22, 2015.
"We're very pleased to welcome Daniel to the board
of directors and believe his unique experience, leadership and
strategic capabilities will strengthen our board considerations and
decisions as we continue to grow as a total alcohol beverage
supplier," said Constellation's Chairman of the Board, Richard
Sands.
Since April 2015, McCarthy has served as president
and chief executive officer of Frontier Communications Corporation,
a communications company. Prior to his current appointment, he
served as president and chief operating officer from April 2012 to
April 2015. Before that role, McCarthy spent six years as executive
vice president and chief operating officer. His other previous
roles include senior vice president, field operations, and senior
vice president, broadband operations. McCarthy began his career
with Frontier Communications Corporation in 1990 and has held
numerous positions of increasing responsibility within that
company.
Also effective July 22, 2015, Jeananne K. Hauswald
and Mark Zupan retired from the board. "Both Jeananne and Mark
brought deep and practical knowledge and experience to the board,
seeing the company through tremendous growth and change during
their tenure. On behalf of the board of directors, I want to thank
them for their many years of exemplary service and contributions,"
said Sands.
Hauswald and Zupan each concluded their last term
as director as of the company's Annual Meeting of Stockholders on
July 22, 2015.
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 2014, 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, Rex
Goliath, Mark West, Franciscan Estate, Ruffino and Jackson-Triggs.
The company's premium spirits brands include SVEDKA Vodka 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 approximately
7,600 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
Amy Martin: 585-678-7141
Investor Relations
Patty Yahn-Urlaub: 585-678-7483
Bob Czudak: 585-678-7170
###
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX 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
HUG#1941130
Constellation Brands (NYSE:STZ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Constellation Brands (NYSE:STZ)
Historical Stock Chart
From Apr 2023 to Apr 2024