Paul Hetterich
and Bill Newlands taking on expanded
leadership roles
VICTOR, NY, Jan. 25, 2016 /CNW/ - 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 served as chief
sales officer for the Beer Division since 2013 and joined the
company in 2003.
"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 Sands. 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.
SOURCE Constellation Brands