Constellation Brands: Rob Sands retires as chair of the board of directors

Beer, wine and spirits giant Constellation Brands has announced that Rob Sands will retire from his role as Chair of Constellation’s Board of Directors and will not stand for re-election as Board Chair following the company’s Annual Meeting of Stockholders on July 18, 2023. Sands will continue in his capacity as a Board member for the company.

Sands has served as Constellation’s Board Chair since 2019 and served as the company’s Chief Executive Officer from 2007 to 2019.

“Under Sands’ leadership as Chief Executive Officer and Board Chair, the company has achieved significant growth becoming the leading beer supplier in the high-end of the US beer market, increasing net sales by more than 80%, and becoming one of the fastest growing consumer packaged goods companies over the past decade,” says the company.

Constellation’s Board has engaged in a process to identify a new Board Chair and will provide an update following the company’s Annual Meeting of Stockholders on July 18, 2023.