Constellation Brands appoints Nicholas Fink as President and CEO, effective April 13, 2026

CONSTELLATION BRANDS, INC.

Nicholas Fink, currently CEO of Fortune Brands Innovations (FBIN), will succeed Bill Newlands as President and CEO.
Fink's base salary set at $1.4M, target bonus 160%, and fiscal 2027 equity award with $11M grant date fair value.
Replacement equity award includes 85,385 RSUs and 415,295 NQSOs; vests over three years.
Bill Newlands steps down as CEO and board member on April 13, 2026; will serve as strategic advisor through December 2026.
Newlands receives severance per pre-existing agreement and a $1.2M consulting fee for transition support.

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