US EditionCorona Beer Maker Constellation Brands Names Nicholas Fink as New CEO
Nicholas Fink, with global beverage and leadership experience, will lead Constellation Brands amid market challenges as Bill Newlands transitions to strategic advisor and retires in 2026.
- On Feb. 12, 2026, Constellation Brands' Board appointed Nicholas Fink, incoming President and Chief Executive Officer, effective April 13, 2026.
- The Board advanced a planned, multi-year succession process that led to the appointment amid demand pressures and weak alcohol sales, including a pullback by Hispanic consumers.
- Fink, who has led Fortune Brands Innovations since January 2020, has served on Constellation's board since 2021, and TD Cowen's Robert Moskow said it's "Given Fink's experience on the board, we do not expect this transition to lead to a major change in strategic direction".
- The outgoing CEO will support the handover while the market reacted, with Newlands stepping down on April 13 and shares falling during premarket and extended trading sessions.
- Constellation is slated to issue its next financial update on April 8, 2026, and Board Chair Chris Baldwin said Fink's board perspective will position the Rochester corporate footprint for long-term success and continuity.
15 Articles
15 Articles
Why Is Constellation Brands Stock Falling Today? - Constellation Brands (NYSE:STZ)
Constellation Brands, Inc. (NYSE:STZ) shares are down during Friday’s premarket session following the announcement of a CEO succession plan. The stock’s decline comes as the company prepares for a leadership transition, which may be adding pressure as broader markets edged lower. The Board of Directors has appointed Nicholas Fink as the next President and CEO, effective April 13, succeeding Bill Newlands, who has held the position since 2019. Th…
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Constellation Brands Announces CEO Succession Plan
ROCHESTER, N.Y., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced that its Board of Directors has appointed Nicholas Fink as the company’s next President and Chief Executive Officer, effective April…
News Alert: Constellation Brands Names Nicholas Fink New President and CEO - Shanken News Daily
Constellation Brands has announced that Nicholas Fink will be the company’s new president and CEO, effective April 13, 2026. Fink will succeed Constellation’s current president and CEO Bill Newlands. Fink is currently a member of Constellation’s board of directors. Newlands … Continue reading → The post News Alert: Constellation Brands Names Nicholas Fink New President and CEO appeared first on Shanken News Daily.
Constellation Brands Names Nicholas Fink New CEO
Bill Newlands and Nicholas Fink. Credit: Constellation Brands Constellation Brands has appointed Nicholas Fink as its next president and chief executive officer, effective April 13, 2026. Fink, a current board member, will succeed Bill Newlands, who will step down from the role and serve as a strategic advisor to ensure a smooth transition of leadership responsibilities. The company’s board of directors announced the leadership change following …
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