Constellation Brands names Nicholas Fink as next CEO

Constellation Brands Inc. (NYSE: STZ) announced that Nicholas Fink will become president and chief executive officer on April 13, 2026, succeeding Bill Newlands in the role.

Fink, who has served on Constellation's board of directors since 2021, will continue as a board member in his new role. Newlands will step down as president and CEO on April 13, 2026, and retire from the board the same day. He will serve as a strategic advisor for several months to assist with the leadership transition.

The beverage alcohol company's board chair Chris Baldwin said the succession planning process has been comprehensive over several years. Fink currently serves as CEO of Fortune Brands Innovations, a home, security, and digital products company, a position he has held since January 2020.

Before joining Fortune Brands Innovations, Fink spent nine years at Suntory Global Spirits in various senior leadership roles, including president for Asia Pacific and South America, and senior vice president and chief strategy officer.

Newlands joined Constellation Brands in 2015 and became president and CEO in 2019. During his tenure as CEO, the company's Modelo Especial became the top-selling beer in the U.S. by dollar sales, according to the company statement.

Constellation Brands produces and markets beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. The company's portfolio includes Corona Extra, Modelo Especial, Robert Mondavi Winery, and High West Whiskey.

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