AUSTIN, Minn., Nov. 19, 2018 /PRNewswire/ -- Hormel Foods
(NYSE: HRL), a global branded food company, announced today that
Bill Newlands, president and chief
operating officer, Constellation Brands (NYSE: STZ and STZ.B), has
been elected to the Hormel Foods Board of Directors, effective
Nov. 19, 2018. Newlands has been
appointed president and chief executive officer of Constellation
Brands, effective March 1, 2019.
"Bill is a highly regarded business leader, with significant
experience in innovation, corporate development, consumer product
marketing and international business," said Jim Snee, chairman of the board, president and
chief executive officer at Hormel Foods. "Bill will be a great
addition to our exceptional and dynamic slate of Directors."
Newlands will join the Audit Committee of the Hormel Foods Board
of Directors.
Newlands joined Constellation in 2015 as EVP, chief growth
officer. In 2016 his role expanded to include leadership of the
Wine + Spirits Division. In 2017 he became the company's chief
operating officer, and in 2018 his role expanded to include
president. Newlands previously served as president, North America at Beam, Inc. Under his
leadership, Beam became one of the fastest growing companies in its
category. Previous appointments include: president, Beam Spirits
U.S. (2008-2010); president, Beam Wine Estates (2005-2007);
president and CEO, Allied Domecq Wines USA (2002-2005); CEO and board director,
wine.com (1999-2001); and managing director, U.S. and global
marketing officer, LVMH Chandon Estates (1996 – 1999). He is a
member of the board of directors of Canopy Growth Corporation.
Newlands received a bachelor of science degree from The Wharton
School of the University of
Pennsylvania and a master's degree in business
administration from Harvard Business
School.
About Hormel Foods – Inspired People.
Inspired Food.™
Hormel Foods Corporation, based
in Austin, Minn., is a global
branded food company with over $9
billion in annual revenues across more than 80 countries
worldwide. Its brands include Skippy®,
SPAM®, Hormel® Natural
Choice®, Applegate®, Justin's®,
Wholly Guacamole®, Hormel® Black
Label® and more than 30 other beloved brands. The
company is a member of the S&P 500 Index and the S&P 500
Dividend Aristocrats, was named one of "The 100 Best Corporate
Citizens" by Corporate Responsibility Magazine for the ninth year
in a row, and has received numerous other awards and accolades for
its corporate responsibility and community service efforts. In
2016, the company celebrated its 125th anniversary and announced
its new vision for the future - Inspired People. Inspired Food.™ -
focusing on its legacy of innovation. For more information, visit
www.hormelfoods.com and http://csr.hormelfoods.com/.
Contact:
507-437-5345
media@hormel.com
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SOURCE Hormel Foods Corporation