secwatch.observer — SEC 8-K summary
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Issuer:     CONSTELLATION BRANDS, INC. (STZ)
CIK:        0000016918
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0000016918-23-000141
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Constellation Brands annual meeting elects 11 directors; appoints interim independent board chair
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- Stockholders elected all 11 director nominees; Richard Sands (24.9M against) and Robert Sands (28.4M against) received highest opposition.
- Ratification of KPMG as auditor approved (164.2M for, 3.6M against).
- Advisory vote on executive compensation approved (136.4M for, 17.6M against); board set frequency to annual.
- Two shareholder proposals on GHG emissions and circular packaging both failed (47.8M and 38.7M for, respectively).
- Jose Manuel Madero Garza appointed interim independent Board Chair; search for permanent chair underway with external advisor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16918/000001691823000141/0000016918-23-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16918/000001691823000141/stz-20230718.htm
  HTML page:      https://secwatch.observer/filing/0000016918-23-000141

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer