William A. Newlands has been the CEO of Constellation Brands since March 2019, taking over a company with a strong presence in the beverage industry. Before this, he was the President and COO and had various roles including EVP and...
William A. Newlands has been the CEO of Constellation Brands since March 2019, taking over a company with a strong presence in the beverage industry. Before this, he was the President and COO and had various roles including EVP and President of the Wine & Spirits Division. He's been influencing the beverage alcohol sector since he joined the company in 2015. Notably, he has a background with Beam Inc., where he led the North America operations. His leadership style focuses on aligning with performance-based metrics, incentivizing executives to meet financial goals such as net sales and cash flow. His total compensation for 2023 reached over $1.5 million, reflecting this performance focus. Beyond his role at Constellation, he serves on the boards of Hormel Foods and previously Canopy Growth Corporation, adding to his experience in managing big brands in different sectors. Newlands understands both the spirits market and consumer trends well, which helps Constellation Brands stay competitive. Also, he has been actively involved in insider trading, with significant trades peaking around $6 million recently. This kind of engagement shows he's invested in the company’s success. His career journey is a great example of how experience in various roles can lead to effective leadership in the complex beverage industry.