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Constellation Brands has appointed Nicholas Fink as president and chief executive officer, effective 13 April 2026.

Fink, who has served on the company’s board since 2021, will succeed Bill Newlands and will remain a member of the board.

Newlands will step down from his roles on the same date and will act as a strategic advisor for several months to support the leadership transition. He will also retire from the board on the same date.

Newlands joined Constellation Brands in 2015 and has served as president and CEO since 2019.

L-R: Nick Fink and Bill Newlands

Board chair Chris Baldwin said the appointment follows a long-term succession planning process: “Over the past several years, Constellation Brands’ board of directors has engaged in a thoughtful and comprehensive CEO succession planning process, and we are excited to welcome Nick as our next president and CEO".

He continued: “Nick has a diversified set of leadership experiences and is an accomplished beverage alcohol executive with a deep understanding of Constellation’s business model, having served as a member of the company’s board for the past five year. Nick will bring unique perspective and capabilities that will benefit Constellation and its stakeholders as we position the company for long-term success in a rapidly evolving and hyper-competitive environment.”

Fink has been chief executive of Fortune Brands Innovations since January 2020. During his tenure, he led the company through the Covid-19 pandemic, expanded digital capabilities and refocused the business on higher-growth categories.

Earlier in his career, he held senior leadership roles at Suntory Global Spirits, including president for Asia Pacific and South America and chief strategy officer.

Fink said: “I’m excited to join the Constellation Brands team in my new capacity as president and CEO and to continue building on the company’s strong track record of industry leadership. I’ve long admired Constellation’s ability to build iconic brands that resonate strongly with consumers."

"I look forward to getting out into the market, engaging with team members and industry partners across the business and working with the Constellation team to further build on the company’s core strengths which include building great brands and leveraging innovation to satisfy more consumer occasions, while developing new growth platforms that meet the evolving needs of consumers as the landscape continues to shift within the beverage alcohol sector.”

Newlands added: “It has been a tremendous honor to serve as president and CEO at Constellation Brands. We have the best team in the business, a strong portfolio of brands people love, a consumer-obsessed focus on innovation, and a strong leadership team focused on delivering what’s next. I look forward to working with Nick in the coming months to help ensure a smooth transition.”

The leadership change comes as the company continues to position itself for long-term growth in the competitive beverage alcohol sector.

Top image: © Constellation Brands