Constellation Brands Management

Management criteria checks 3/4

Constellation Brands' CEO is Bill Newlands, appointed in Feb 2018, has a tenure of 6.42 years. total yearly compensation is $14.63M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth R$19.98M. The average tenure of the management team and the board of directors is 3.3 years and 5.6 years respectively.

Key information

Bill Newlands

Chief executive officer

US$14.6m

Total compensation

CEO salary percentage	9.2%
CEO tenure	6.4yrs
CEO ownership	0.008%
Management average tenure	3.3yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Newlands's remuneration changed compared to Constellation Brands's earnings?
Date	Total Compensation	Salary	Company Earnings
May 31 2024	n/a	n/a	US$2b
Feb 29 2024	US$15m	US$1m	US$2b
Nov 30 2023	n/a	n/a	US$2b
Aug 31 2023	n/a	n/a	US$2b
May 31 2023	n/a	n/a	-US$325m
Feb 28 2023	US$16m	US$1m	-US$71m
Nov 30 2022	n/a	n/a	US$101m
Aug 31 2022	n/a	n/a	US$105m
May 31 2022	n/a	n/a	US$1b
Feb 28 2022	US$12m	US$1m	-US$40m
Nov 30 2021	n/a	n/a	-US$53m
Aug 31 2021	n/a	n/a	US$757m
May 31 2021	n/a	n/a	US$1b
Feb 28 2021	US$12m	US$1m	US$2b
Nov 30 2020	n/a	n/a	US$2b
Aug 31 2020	n/a	n/a	US$1b
May 31 2020	n/a	n/a	US$56m
Feb 29 2020	US$9m	US$1m	-US$12m
Nov 30 2019	n/a	n/a	US$829m
Aug 31 2019	n/a	n/a	US$772m
May 31 2019	n/a	n/a	US$2b
Feb 28 2019	US$8m	US$846k	US$3b
Nov 30 2018	n/a	n/a	US$3b
Aug 31 2018	n/a	n/a	US$3b
May 31 2018	n/a	n/a	US$3b
Feb 28 2018	US$4m	US$750k	US$2b

Compensation vs Market: Bill's total compensation ($USD14.63M) is above average for companies of similar size in the BR market ($USD6.11M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.

CEO

Bill Newlands (65 yo)

6.4yrs

Tenure

US$14,629,014

Compensation

Mr. William A. Newlands, also known as Bill, has been the President of Constellation Brands, Inc. since February 12, 2018 and has been its Chief Executive Officer and Director since March 1, 2019. Mr. Newl...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Newlands	President	6.4yrs	US$14.63m	0.0081% $ 20.0m
Garth Hankinson	Executive VP & CFO	4.5yrs	US$5.10m	0.0064% $ 15.9m
James Bourdeau	Executive VP	9.8yrs	US$4.09m	0.0043% $ 10.7m
James Sabia	Executive VP	3.3yrs	US$3.87m	0.014% $ 35.1m
Michael Becka	Senior VP of Corporate Finance	less than a year	no data	no data
Ash Mehra	Chief Data & Information Officer	2.5yrs	no data	no data
Joseph Suarez	Senior VP of Investor Relations	2yrs	no data	no data
Michael McGrew	EVP and Chief Communications	5.4yrs	no data	0.00095% $ 2.4m
Steve King	SVP of Corporate Development and Financial Planning & Analytics	no data	no data	no data
K. Carey	Executive VP & Chief Human Resources Officer	2.2yrs	no data	0.0015% $ 3.7m
Bertram Silk	Senior Vice President	no data	no data	no data
Thomas Roberts	Senior Vice President	no data	no data	no data

3.3yrs

Average Tenure

57.5yo

Average Age

Experienced Management: STZB34's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Newlands	President	5.3yrs	US$14.63m	0.0081% $ 20.0m
Richard Sands	Non-Executive Director	42.5yrs	US$294.75k	0.11% $ 276.9m
Robert Sands	Director	34.5yrs	US$387.50k	0.32% $ 789.1m
Daniel McCarthy	Independent Director	9yrs	US$357.78k	0.0020% $ 5.0m
Christopher Baldwin	Independent Chairman	less than a year	no data	0.00013% $ 321.9k
Jennifer Daniels	Independent Director	5.8yrs	US$300.85k	0.0016% $ 3.9m
Judy Schmeling	Independent Director	11.4yrs	US$299.78k	0.0034% $ 8.5m
Ernesto Hernandez	Independent Director	10yrs	US$302.44k	0.0022% $ 5.6m
Luca Zaramella	Independent Director	less than a year	US$253.21k	0.00030% $ 742.8k
Nicholas Fink	Independent Director	3.5yrs	US$284.78k	0.0010% $ 2.5m
Christina Clark	Independent Director	4.8yrs	US$289.75k	0.0013% $ 3.1m
Jose Madero Garza	Independent Director	4.8yrs	US$352.78k	0.00094% $ 2.3m

5.6yrs

Average Tenure

60.5yo

Average Age

Experienced Board: STZB34's board of directors are considered experienced (5.6 years average tenure).

Constellation Brands Management

Management criteria checks 3/4

Key information

Recent management updates

Constellation Brands, Inc. Announces Executive Changes

Constellation Brands Announces Election of Christopher J. Baldwin as New Independent Board Chair, Effective March 1, 2024

Constellation Brands, Inc. Announces Robert Hanson to Step Down as EVP & President, Wine & Spirits Division Effective February 29, 2024

Constellation Brands, Inc. Announces New Leadership Appointments

Constellation Brands, Inc. Announces Board Changes

Constellation Brands, Inc. Announces Appointment of Directors

Recent updates

Constellation Brands, Inc.(NYSE:STZ) dropped from Russell Top 200 Growth Index

Corona to Roll Out Its Newest Innovation Just in Time for Summer: Corona Sunbrew Citrus Cerveza

Constellation Brands, Inc. to Report Q1, 2025 Results on Jul 03, 2024

Constellation Brands, Inc. Announces Executive Changes

Constellation Brands, Inc. to Report Q4, 2024 Results on Apr 11, 2024

Constellation Brands Announces Election of Christopher J. Baldwin as New Independent Board Chair, Effective March 1, 2024

Constellation Brands, Inc. Announces Robert Hanson to Step Down as EVP & President, Wine & Spirits Division Effective February 29, 2024

Constellation Brands, Inc. Announces New Leadership Appointments

Constellation Brands, Inc. to Report Q3, 2024 Results on Jan 05, 2024

Constellation Brands, Inc. to Report Q2, 2024 Results on Oct 05, 2023

Constellation Brands, Inc. Announces Board Changes

Constellation Brands, Inc. Announces Appointment of Directors

Constellation Brands Announces Retirement of Rob Sands as Chair of the Board of Directors

Constellation Brands, Inc., Annual General Meeting, Jul 18, 2023

Ryan and KC Sentz completed the acquisition of Funky Buddha Brewery LLC from Constellation Brands, Inc. (NYSE:STZ).

Constellation Brands, Inc. to Report Q1, 2024 Results on Jun 30, 2023

Constellation Brands, Inc. Announces Retirement of James A. Locke III from the Board of Directors

Fresno Beverage Company, Inc. acquired local Constellation Brands product line from Constellation Brands, Inc. (NYSE:STZ).

Constellation Brands, Inc. to Report Q3, 2023 Results on Jan 05, 2023

Constellation Brands Announces Board Changes

Constellation Brands, Inc. Announces Promotion of Brian Bennett to Senior Vice President, Corporate Counsel, and Assistant Corporate Secretary

The Wine Group LLC agreed to acquire Portion of Mainstream and Premium Wine Portfolio of Constellation Brands, Inc. (NYSE:STZ).

Constellation Brands, Inc. to Report Q2, 2023 Results on Oct 06, 2022

Constellation Brands Announces Change of Head of Investor Relations

Constellation Brands, Inc. to Report Q1, 2023 Results on Jun 30, 2022

Constellation Brands, Inc. (NYSE:STZ) acquired Lingua Franca, LLC.

Constellation Brands Introduces Next Round Cocktails

Constellation Brands Announces Kris Carey to Become Chief Human Resources Officer, Effective May 9, 2022

Constellation Brands, Inc. to Report Q4, 2022 Results on Apr 07, 2022

Constellation Brands, Inc. Appoints Matt Lindsay as Senior VP for Brand Management Within Its Beer Division

Constellation Brands, Inc. Provides Earnings Guidance for the Fiscal Year Ending February 28, 2022

Monster Beverage Reportedly Said to Explore Deal with Constellation

Constellation Brands, Inc. (NYSE:STZ) acquired an unknown minority stake in Dos Hombres Inc.

Constellation Brands, Inc. (NYSE:STZ) acquired an unknown minority stake in La Fête Du Rosé.

Constellation Brands, Inc. to Report Q4, 2021 Results on Apr 08, 2021

Constellation Brands, Inc. Awards Expanded Distribution Responsibilities to Southern Glazer's Wine & Spirits

Constellation Brands, Inc. Announces Management changes, Effective March 1, 2021

Sazerac Company, Inc. completed the acquisition of Paul Masson Grande Amber Brandy Brand from Constellation Brands, Inc. (NYSE:STZ) for approximately $270 million.

Constellation Brands, Inc. Appoints Nicholas I. Fink to the Audit Committee

E. & J. Gallo Winery, Inc. completed the acquisition of Wine and Spirits Portfolio Of Constellation Brands, Inc. for approximately $810 million.

Constellation Brands, Inc. to Report Q3, 2021 Results on Jan 07, 2021

Constellation Brands, Inc. (NYSE:STZ) acquired Empathy Wines from Gary Vaynerchuk, Jon Troutman and Nate Scherotter.

Constellation Brands, Inc. Provides No Financial Guidance for Fiscal 2021 Given the Related Uncertainty

Constellation Brands, Inc. Elects Nicholas I. Fink to Serve as Member of Its Board of Directors, Effective as of the Close of Business on January 4, 2021

Sazerac Company, Inc. signed an agreement to acquire Paul Masson Grande Amber Brandy Brand from Constellation Brands, Inc. (NYSE:STZ) for approximately $260 million.

Constellation Brands, Inc. to Report Q2, 2021 Results on Oct 01, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

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