Form 8-K · Current Report · Filed 2025-10-02
Constellation Brands Announces Executive Transition and Dividend
Constellation Brands, Inc. announced the retirement of its Executive Vice President and Chief Legal Officer, James O. Bourdeau, effective February 28, 2026, and his transition to an Executive Vice President and Strategic Advisor role through March 1, 2027. The company also declared a quarterly cash dividend of $1.02 per share of Class A Common Stock, payable on November 13, 2025. Additionally, the Board amended the By-Laws to align with Delaware law and for other technical changes. These announcements were made pursuant to Regulation FD.
- Filer
- Constellation Brands, Inc. STZ · NYSE
- Filed
- Accession
- 0000016918-25-000136
- CIK
- 0000016918
- Signal
- High impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Amendments to Articles of Incorporation or Bylaws
Regulation FD Disclosure
Market reaction
Close before filing
$138.95
Next session
+2.3%
Since filing
-6.3%
Latest close
$130.23
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from STZ reporting the same item, with the next session's move:
About Constellation Brands, Inc.
Constellation Brands, Inc. is a leading international producer and marketer of beer, wine, and spirits. The company is renowned for its diverse portfolio, which includes premium labels such as Corona, Modelo, and Pacifico in its beer division, as well as high-end wines like Robert Mondavi and premium spirits. Headquartered in Victor, New York, Constellation Brands operates in various international markets, emphasizing strong growth in the beverage alcohol industry. This company primarily serves retailers, distributors, and domestic and global consumers, significantly influencing the beverage sector. Constellation Brands’ strategic acquisitions and investments in emerging market trends, such as the burgeoning premium wine segment and craft spirits movement, highlight its commitment to diversifying its offerings. Through innovation and strategic partnerships, Constellation Brands maintains a robust market position by capitalizing on consumer preferences and expanding its global footprint. This dynamic approach underscores its importance in shaping trends and meeting the evolving demands in the beverage alcohol industry, enhancing its substantial role in the broader financial market landscape.
Never miss another STZ filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.