Constellation Brands Appoints E. Yuri Hermida as New EVP, Chief Growth & Strategy Officer
ROCHESTER, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced the appointment of E. Yuri Hermida as the company’s new Executive Vice President, Chief Growth & Strategy Officer. In this role, Hermida will be responsible for Consumer Insights & Innovation, Digital, Transformation, Media, New Business Ventures, and Strategy & Analytics. He will report directly to Bill Newlands, President and Chief Executive Officer, and will serve as a member of Constellation’s executive management committee.
Hermida is a proven, global leader with a track record of driving results across diverse CPG companies in North America, Asia, Europe, and Latin America. He brings strong general management, operational, and P&L discipline coupled with extensive marketing, research and development, and innovation expertise to the team. Before joining Constellation Brands, Hermida was with Sovos Brands, one of the fastest growing companies of scale in CPG. At Sovos Brands, he served as President of the company and was Chief Growth Officer prior to that appointment. Before Sovos Brands, he spent four years at Reckitt in Europe and North America where he drove growth for the business units he led.
E. Yuri Hermida, Constellation Brands EVP, Chief Growth & Strategy Officer
“We are excited to welcome Yuri to the team,” said Newlands. “His extensive experience across the CPG sector and diverse perspective will benefit our company as we continue to look for ways to evolve our business in line with shifting consumer and category trends to seek to ensure long-term, sustainable industry-leading growth.”
Originally from Mexico City, Hermida began his career there in brand management with The Procter & Gamble Company. He then managed several brands in their food and beverage portfolio, based out of their offices in Venezuela. Hermida continued to assume leadership positions with increasing responsibility, holding country and general manager roles around the world, and leading large-scale businesses in international markets for the company.
“I am thrilled to be joining the leadership team at Constellation Brands,” said Hermida. “I look forward to the opportunity to drive sustainable growth for a company with such iconic brands that I have had a long-standing affinity for.”
Hermida succeeds Mallika Monteiro, who previously led the company’s Growth Organization where she advanced the company’s innovation and digital capabilities and more recently assumed additional responsibilities as Executive Vice President and Managing Director for the company’s beer brand portfolio. In this role, Monteiro is responsible for all aspects of brand marketing and advertising, trade marketing and merchandising, as well as field, lifestyle, and experiential marketing for the company’s high-end beer brands. These responsibilities include elements critical to building and sustaining momentum for the company’s industry-leading Beer portfolio in an increasingly dynamic and competitive consumer landscape. Monteiro will continue to report directly to Bill Newlands and serve as a member of Constellation’s executive management committee.
“I look forward to the momentum Mallika will continue to help drive for our iconic beer brands,” said Newlands. “Her prior experience in beer and brand marketing and deep understanding of the consumer will help ensure our brands continue to resonate with current and new consumers alike, as we work to drive continued growth and unlock new opportunities.”
ABOUT CONSTELLATION BRANDS
Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It’s worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.
Every day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford and Meiomi.
As an agriculture-based company, we have a long history of operating sustainably and responsibly. Our ESG strategy is embedded into our business and our work focuses on serving as good stewards of the environment, enhancing social equity within our industry and communities, and promoting responsible beverage alcohol consumption. These commitments ground our aspirations beyond driving the bottom line as we work to create a future that is truly Worth Reaching For.
To learn more, visit www.cbrands.com and follow us on X, Instagram, and LinkedIn.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The word “expect” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These statements may relate to business strategy, future operations, prospects, plans, and objectives of management, including related to the evolution of Constellation’s business, Constellation’s growth efforts and opportunities, and sustaining the momentum of Constellation’s beer business , as well as information concerning expected actions of third parties. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, such forward-looking statements. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur.
The forward-looking statements are based on management’s current expectations and should not be construed in any manner as a guarantee that such results will in fact occur. All forward-looking statements speak only as of the date of this news release and Constellation does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
In addition to risks and uncertainties associated with ordinary business operations, the forward-looking statements contained in this news release are subject to other risks and uncertainties, including the accuracy of all projections and other factors and uncertainties disclosed from time-to-time in Constellation’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended February 29, 2024 and its Quarterly Report on Form 10-Q for the fiscal quarter ended August 31, 2024, which could cause actual future performance to differ from current expectations.
MEDIA CONTACTS | INVESTOR RELATIONS CONTACTS |
Amy Martin 585-678-7141 / amy.martin@cbrands.com Carissa Guzski 315-525-7362 / carissa.guzski@cbrands.com |
Joseph Suarez 773-551-4397 / joseph.suarez@cbrands.com Snehal Shah 847-385-4940 / snehal.shah@cbrands.com |
A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/b9f493d7-cf9a-440f-ab57-b9da13d5dfea
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1e62d93b-a634-4622-9d06-a83f0ce93e5a
- 助力经济绿色转型升级!2024中国低碳显示创新发展大会成功举办
- Valeura Energy Inc.: First Quarter 2024 Results
- LTIMindtree与Eurolife FFH签署在欧洲和印度设立生成式人工智能和数字中心的谅解备忘录
- 亚马逊海外购618大促炙热上线,集章环游打卡世界的夏天
- 孙中亮:北斗三十周年,看北斗芯片高质量发展历程和方向
- SmarTone Selects Covalensedigital for BSS Transformation with Csmart and Oracle Cloud Native Solutio
- Anaqua Transforms Foreign Patent Filing into a Strategic Advantage for Intellectual Property Profess
- 农发行汉寿支行积极开展2024年合规文化宣传活动
- 国货品牌之光,不忘初心,于楠,凯萨蒂持续深耕品牌实力!
- 大医精诚堪称典范德医双馨誉满杏林中国当代名医——韩夫海
- 德阳:古韵今风,魅力之城
- 汪小敏巡回演唱会开年再度开启,深圳、珠海两站火力全开
- Tenneco Unveils New Website Featuring Complete Monroe® Ride Solutions Technology Portfolio
- 建立研学精品路线 长虹美菱打造研学好“趣”处
- 余新志‖大雅正声--当代中国画学术中坚六十家提名展
- C.K. McWhorter Endows Porsche With Prestigious McWhorter Family Trust Warrant, Elevating its Current
- AstraZeneca制定了到2030年实现800亿美元总收入和2030年后持续增长的宏伟目标
- 国内EDA公司芯和半导体荣获“2023年度国家科技进步奖一等奖”
- FC Barcelona and EBC Financial Group to Establish Official Foreign Exchange Partnership for the Next
- 东莞医大医院专注耳鼻喉诊疗高水准医疗服务
- WhatsApp协议号推荐:一手机房解锁WS全网最强协议号
- 广西桂平西山镇: 党建领航,共谋乡村振兴新篇章
- 招商雲墨实力全解析,看雲墨产品力到底如何?
- 逢友分享丨精确优化丨压敏纸在汽车轮胎设计中的应用
- Introducing the FloQast Accounting Transformation Platform: Bringing AI Power to Accounting Automati
- AESTIC美容仪 掀起家用护肤新纪元
- Nordic和Sisvel将简化蜂窝物联网SEP许可
- Instagram群发引流助手,ins协议群发工具,ig自动私信软件/ins全参协议号
- 2024义乌五金会预计8万人涌入!4月20日起,持续3天!
- 中信银行西安分行警银联动拦截电信诈骗被骗资金7万元
推荐
- 海南大学生返校机票贵 有什么好的解决办法吗? 近日,有网友在“人民网领导留言板&rdqu 资讯
- 周星驰新片《少林女足》在台湾省举办海选,吸引了不少素人和足球爱好者前来参加 周星驰新片《少林女足》在台湾省举办海选,吸 资讯
- 大家一起关注新疆乌什7.1级地震救援见闻 看到热气腾腾的抓饭马上就要出锅、村里大家 资讯
- 中央气象台连发四则气象灾害预警 暴雪橙色预警+冰冻橙色预警+大雾黄色预警+ 资讯
- 私域反哺公域一周带火一家店! 三四线城市奶茶品牌茶尖尖两年时间做到GMV 资讯
- 男子“机闹”后航班取消,同机旅客准备集体起诉 1月4日,一男子大闹飞机致航班取消的新闻登上 资讯
- 奥运冠军刘翔更新社交账号晒出近照 时隔473天更新动态! 2月20日凌晨2点,奥运冠军刘翔更新社交账号晒 资讯
- 抖音直播“新红人”进攻本地生活领域 不难看出,抖音本地生活正借由直播向本地生活 资讯
- 国足13次出战亚洲杯首次小组赛0进球 北京时间1月23日消息,2023亚洲杯小组 资讯
- 产业数字化 为何需要一朵实体云? 改革开放前,国内供应链主要依靠指标拉动,其逻 资讯