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Constellation Brands names new EVP and President of Wine & Spirits

EditorNatashya Angelica
Published 03/11/2024, 04:58 PM
Updated 03/11/2024, 04:58 PM
© Reuters.

VICTOR, N.Y. - Constellation Brands (NYSE: NYSE:STZ), a prominent producer and marketer of beer, wine, and spirits, announced today the appointment of Sam Glaetzer as Executive Vice President and President of its Wine & Spirits Division. Glaetzer, who brings nearly three decades of industry experience, will also join the company's executive management committee.

The new appointment is effective today, marking a transition from Robert Hanson, the division's previous leader. Bill Newlands, President and CEO of Constellation Brands, expressed confidence in Glaetzer's ability to drive growth and profitability, citing the completion of the company's strategic transformation of its wine and spirits brand portfolio.

Glaetzer joined Constellation Brands in 2014 and has held various leadership roles, including managing director for the company's operations in New Zealand and Australia. His experience spans general management, international commercial sales, supply chain operations, and more. Most recently, Glaetzer served as Senior Vice President of Global Operations and International Sales.

In his statement, Glaetzer expressed enthusiasm for leading the Wine & Spirits team and capitalizing on the division's strategic transformation. He emphasized the strength of the team and the potential for growth in the coming years.

Constellation Brands is an international beverage alcohol company with operations in the U.S., Mexico, New Zealand, and Italy. The company is known for its portfolio of beer, wine, and spirits brands, including Corona, Modelo, Pacifico, The Prisoner Wine Company, Robert Mondavi Winery, and others.

Constellation Brands has also committed to sustainable and responsible operations as part of its environmental, social, and governance (ESG) strategy.

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This announcement is based on a press release statement from Constellation Brands, Inc. The company's forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from expectations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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