Constellation Brands Management

Management criteria checks 3/4

Constellation Brands' CEO is Bill Newlands, appointed in Feb 2018, has a tenure of 6.25 years. total yearly compensation is $16.07M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €1.28M. The average tenure of the management team and the board of directors is 3.2 years and 5.4 years respectively.

Key information

Bill Newlands

Chief executive officer

US$16.1m

Total compensation

CEO salary percentage	8.3%
CEO tenure	6.3yrs
CEO ownership	0.003%
Management average tenure	3.2yrs
Board average tenure	5.4yrs

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
Feb 29 2024	n/a	n/a	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 ($USD16.07M) is above average for companies of similar size in the German market ($USD5.55M).

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

CEO

Bill Newlands (64 yo)

6.3yrs

Tenure

US$16,068,340

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	6.3yrs	US$16.07m	0.0029% $ 1.3m
Garth Hankinson	Executive VP & CFO	4.3yrs	US$5.55m	0.0052% $ 2.2m
James Bourdeau	Executive VP	9.7yrs	US$4.31m	0.0030% $ 1.3m
James Sabia	Executive VP	3.2yrs	US$3.76m	0.013% $ 5.7m
Michael Becka	Senior VP of Corporate Finance	less than a year	no data	no data
Ash Mehra	Chief Data & Information Officer	2.3yrs	no data	no data
Joseph Suarez	Senior VP of Investor Relations	1.8yrs	no data	no data
Michael McGrew	EVP and Chief Communications	5.3yrs	no data	0.0011% $ 476.4k
Steve King	SVP of Corporate Development and Financial Planning & Analytics	no data	no data	no data
K. Carey	Executive VP & Chief Human Resources Officer	2yrs	no data	0.00098% $ 424.4k
Bertram Silk	Senior Vice President	no data	no data	no data
Thomas Roberts	Senior Vice President	no data	no data	no data

3.2yrs

Average Tenure

56.5yo

Average Age

Experienced Management: CB1A's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Newlands	President	5.2yrs	US$16.07m	0.0029% $ 1.3m
Richard Sands	Non-Executive Director	42.3yrs	US$21.29m	0.11% $ 48.1m
Robert Sands	Director	34.3yrs	US$21.96m	0.32% $ 137.4m
Daniel McCarthy	Independent Director	8.8yrs	US$357.78k	0.0018% $ 766.6k
Christopher Baldwin	Non-Executive Chair	less than a year	no data	0.000020% $ 8.7k
Jennifer Daniels	Independent Director	5.7yrs	US$362.78k	0.0013% $ 576.0k
Judy Schmeling	Independent Director	11.3yrs	US$299.78k	0.0032% $ 1.4m
Ernesto Hernandez	Independent Director	9.8yrs	US$279.78k	0.0020% $ 861.9k
Luca Zaramella	Director	less than a year	no data	0.000050% $ 21.7k
Nicholas Fink	Independent Director	3.3yrs	US$284.78k	0.00076% $ 329.2k
Christina Clark	Independent Director	4.7yrs	US$279.78k	0.0010% $ 437.4k
Jose Madero Garza	Independent Director	4.7yrs	US$352.78k	0.00076% $ 329.2k

5.4yrs

Average Tenure

59.5yo

Average Age

Experienced Board: CB1A's board of directors are considered experienced (5.4 years average tenure).

Constellation Brands Management

Management criteria checks 3/4

Key information

Recent management updates

Executive VP recently sold €1.9m worth of stock

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

President recently sold €2.9m worth of stock

Recent updates

Upcoming dividend of US$1.01 per share

Upcoming dividend of US$1.01 per share

Executive VP recently sold €1.9m worth of stock

Fourth quarter dividend of US$1.01 announced

Full year 2024 earnings released: EPS: US$9.42 (vs US$0.37 loss in FY 2023)

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

Upcoming dividend of US$0.89 per share at 1.4% yield

Third quarter 2024 earnings released: EPS: US$2.77 (vs US$2.58 in 3Q 2023)

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

Upcoming dividend of US$0.89 per share at 1.5% yield

Second quarter 2024 earnings released: EPS: US$3.76 (vs US$6.23 loss in 2Q 2023)

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

Now 20% undervalued

Upcoming dividend of US$0.89 per share at 1.3% yield

President recently sold €2.9m worth of stock

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

First quarter 2024 earnings released: EPS: US$0.74 (vs US$2.07 in 1Q 2023)

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

Upcoming dividend of US$0.89 per share at 1.6% yield

Full year 2023 earnings released: US$0.37 loss per share (vs US$0.21 loss in FY 2022)

Upcoming dividend of US$0.80 per share at 1.4% yield

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).

Third quarter 2023 earnings released: EPS: US$2.46 (vs US$2.50 in 3Q 2022)

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

Constellation Brands Announces Board Changes

Upcoming dividend of US$0.80 per share

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

Second quarter 2023 earnings released: US$6.23 loss per share (vs US$0.008 profit in 2Q 2022)

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

Independent Director recently sold €124k worth of stock

Upcoming dividend of US$0.80 per share

Executive Vice Chairman of the Board recently sold €44m worth of stock

First quarter 2023 earnings released: EPS: US$2.36 (vs US$4.69 loss in 1Q 2022)

Constellation Brands Announces Change of Head of Investor Relations

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

President recently sold €1.5m worth of stock

Executive VP recently sold €874k worth of stock

Insider recently sold €367k worth of stock

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

Full year 2022 earnings released: US$0.21 loss per share (vs US$10.33 profit in FY 2021)

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

Upcoming dividend of US$0.76 per share

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

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Monster Beverage Reportedly Said to Explore Deal with Constellation

Upcoming dividend of US$0.76 per share

Second quarter 2022 earnings released: EPS US$0.008 (vs US$2.65 in 2Q 2021)

Upcoming dividend of US$0.76 per share

First quarter 2022 earnings released: US$4.69 loss per share (vs US$0.92 loss in 1Q 2021)

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.

President recently sold €2.0m worth of stock

Upcoming dividend of US$0.76 per share

Full year 2021 earnings released: EPS US$11.74 (vs US$0.062 loss in FY 2020)

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