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Constellation Brands
said on Thursday it appointed Nicholas Fink as its top boss, replacing Bill Newlands, as the beermaker battles demand pressures.
Fink, who was previously the CEO at the security and digital products firm Fortune Brands Innovations, will take over as the top boss of the Modelo beer maker on April 13. He had served on Constellation’s board for the past five years.
Newlands, who joined the company in 2015 and has been at the helm since 2019, will step down from the board in April, but will continue to serve as a strategic adviser over the next several months to help ensure a smooth transition of leadership, Constellation said.
