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Constellation Brands’ CEO Rob Sands to Step Down Next Year

Sharon Bailey
Constellation Brands’ CEO Rob Sands to Step Down Next Year

On October 17 in after-market hours, Constellation Brands (STZ) announced that Rob Sands will step down as CEO effective March 1, 2019. Bill Newlands, the company’s president and chief operating officer, will become the new CEO. Constellation Brands stock rose 0.5% in after-market hours yesterday.