Constellation Brands Promotes Jim Sabia to Newly Created Role of Chief Marketing Officer
May 22 2018 - 4:30PM
New role will serve as a member of the company's
Executive Management Committee
VICTOR, N.Y., May 22, 2018 (GLOBE NEWSWIRE) --
Constellation Brands, Inc. (NYSE:STZ) (NYSE:STZ.B), a leading
beverage alcohol company, announced today that it has promoted Jim
Sabia to the newly created role of Executive Vice President and
Chief Marketing Officer, Constellation Brands. In this new
role, Sabia will serve as the marketing lead for the company's Beer
and Wine & Spirits Divisions, responsible for all aspects of
marketing across Constellation's entire beverage alcohol
portfolio. Sabia will serve as a member of the company's
Executive Management Committee and report directly to Bill
Newlands, President and Chief Operating Officer.
"Our company's core mission is to build brands
consumers love and Jim has been a driving force behind the success
of our beer brands over the years," said Newlands. "It is
critically important that the voice of the consumer and
brand-building principles have strong representation on our
executive leadership team. In this new role, Jim will help
ensure that consumer perspective and marketing strategy remain
front and center at Constellation Brands across our entire beverage
alcohol portfolio."
Sabia joined Constellation Brands in 2007 as Vice
President, Marketing for the company's spirits business. He
was promoted to Chief Marketing Officer of Constellation's beer
division in 2009. Since then, growth trends for the company's
beer portfolio have significantly outpaced the U.S. beer market and
high-end beer segment. In addition, the company has built a
portfolio of high-performing brands including Corona Extra, the #1
imported beer in the U.S. for more than 20 years, and Modelo
Especial, the #2 imported beer and one of the fastest growing beer
brands in the U.S. over the past several years.
"I'm extremely excited and grateful for this
opportunity," said Sabia. "The #1 job of marketing is to
generate consumer demand and Constellation Brands has one of the
most powerful beverage alcohol portfolios in the industry to work
with, including iconic brands across beer, wine and spirits.
Our brands continue to have significant growth potential and we're
only scratching the surface. I look forward to working with
our executive leadership and marketing teams to further accelerate
growth in the years ahead."
About Constellation
Brands
Constellation Brands (NYSE:STZ) (NYSE:STZ.B), a Fortune
500® company,
is a leading international producer and marketer of beer, wine and
spirits with operations in the U.S., Mexico, New Zealand, Italy and
Canada. Constellation is the No. 3 beer company in the U.S. with
high-end, iconic imported brands such as Corona Extra, Corona
Light, Modelo Especial, Modelo Negra and Pacifico. The company's
beer portfolio also includes Ballast Point, one of the most awarded
craft brewers in the U.S., and Funky Buddha Brewery. In addition,
Constellation is the world leader in premium wine, selling great
brands that people love, including Robert Mondavi, Clos du Bois,
Kim Crawford, Meiomi, Mark West, Black Box, Ruffino and The
Prisoner. The company's premium spirits brands include SVEDKA
Vodka, Casa Noble Tequila and High West Whiskey.
Based in Victor, N.Y., the company believes that
industry leadership involves a commitment to brand building, our
trade partners, the environment, our investors and to consumers
around the world who choose our products when celebrating big
moments or enjoying quiet ones. Founded in 1945, Constellation has
grown to become a significant player in the beverage alcohol
industry with more than 100 brands in its portfolio; about 40
wineries, breweries and distilleries; and approximately 10,000
talented employees. We express our company vision: to elevate life with every glass raised.
To learn more, follow us on
Twitter @cbrands and visit www.cbrands.com.
MEDIA CONTACTS |
INVESTOR RELATIONS CONTACTS |
Mike McGrew 773-251-4934
| Amy Martin 585-678-7141 |
Patty Yahn-Urlaub 585-678-7483
| Bob Czudak 585-678-7170 |
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A photo accompanying this announcement is
available
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information contained therein.
Source: Constellation Brands, Inc via Globenewswire
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