Constellation Brands Promotes Mallika Monteiro to Executive Vice President and Chief Growth & Strategy Officer
October 04 2019 - 7:30AM
Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading
beverage alcohol company, today announced that Mallika Monteiro has
been promoted to Executive Vice President and Chief Growth &
Strategy Officer. As part of her expanded responsibilities,
Monteiro will be responsible for consumer and category insights,
innovation and new product development across beer, wine and
spirits, as well as the company’s strategy development and business
transformation functions. Monteiro will also serve as a member of
Constellation’s Executive Management Committee.
“To ensure we continue to stay out in front of consumer trends
and fulfill our mission of building brands people love, we must
create a culture where the consumer is at the forefront of every
decision we make,” said Bill Newlands, President and Chief
Executive Officer. “Mallika has been a driving force behind our
efforts to capture and translate consumer insights into innovation
that helps accelerate growth and share gains across the beverage
alcohol category. This facet of our business will become
increasingly more important as innovation continues to play a
larger role in our overall growth strategy.”
Monteiro joined Constellation Brands in 2016 as Vice President,
Beer Innovation, where she helped strengthen the company’s
innovation process, contributing to one of Constellation’s most
successful new product launches in Corona Premier. Monteiro was
promoted to Senior Vice President and Chief Growth Officer in
October 2018, where she led the development and launch of a number
of new product introductions across beer, wine and spirits,
including Corona Refresca, Robert Mondavi Private Selection bourbon
barrel aged wines, and SVEDKA Rosé. Monteiro also served as Chief
of Staff to the company’s Executive Management Committee and was a
driving force behind the company’s Focus on Female Founders
program, designed to invest $100 million in female-founded or
female-owned start-ups in the beverage alcohol space by 2028.
“I’m both excited and honored for this opportunity,” said
Monteiro. “One thing I’ve always admired about Constellation is the
company’s restless desire to continually push the envelope and
reach for more. Constellation has a rich history of success and our
team remains squarely focused on delivering what’s next for
consumers. Over time, this ultimately creates tremendous growth
opportunities for our company and our talented employees. I look
forward to working with the rest of our team to realize our goals
and drive Constellation’s next wave of growth.”
About Constellation BrandsConstellation Brands
(NYSE: STZ and 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 beer brands such as the Corona and Modelo brand
families, and Pacifico. Its high-quality wine and spirits brands
include the Robert Mondavi and The Prisoner Wine Company brand
families, Kim Crawford, Ruffino, Meiomi, and SVEDKA Vodka. The
company’s portfolio also includes a collection of highly-rated wine
brands such as SIMI and Mount Veeder Winery, spirits brands High
West Whiskey and Casa Noble Tequila, as well as new wine
innovations such as Cooper & Thief and Spoken Barrel.
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. Since its founding in 1945, Constellation’s
ability to see, meet and stay ahead of shifting consumer
preferences and trends across total beverage alcohol has fueled our
success and made us one of the top growth contributors in beverage
alcohol in the U.S.
To learn more, follow us on Twitter @cbrands and visit
www.cbrands.com.
MEDIA
CONTACTS |
INVESTOR
RELATIONS CONTACTS |
Mike McGrew |
773-251-4934 |
michael.mcgrew@cbrands.com |
Patty Yahn-Urlaub |
585-678-7483 |
patty.yahn-urlaub@cbrands.com |
Amy Martin |
585-678-7141 |
amy.martin@cbrands.com |
Bob Czudak |
585-678-7170 |
bob.czudak@cbrands.com |
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Tom Conaway |
585-678-7503 |
thomas.conaway@cbrands.com |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/951a244c-cd08-4300-987e-87814ea86f44
A downloadable PDF copy of this news release with multimedia
links can be found
here: http://ml.globenewswire.com/Resource/Download/0e2d92b5-9bf8-4cf7-a3d8-1d89192085c0
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