---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-048815"
form_type: "8-K"
ticker: "STZ"
cik: "0000016918"
company_name: "CONSTELLATION BRANDS, INC."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T03:03:53.002584+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-048815
- form_type: 8-K
- ticker: STZ
- cik: 0000016918
- company_name: CONSTELLATION BRANDS, INC.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16918/000119312526048815/0001193125-26-048815-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16918/000119312526048815/d31913d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-048815
- JSON: https://secwatch.observer/filing/0001193125-26-048815.json
- Plain text: https://secwatch.observer/filing/0001193125-26-048815.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.