Exclusive: Constellation Invests in Donae Burston’s La Fête du Rosé
The North American drinks giant deal for a piece of the growing Provence rosé brand is Constellation s first in a new commitment to invest $100 million in minority-owned businesses by 2030 Donae Burston hopes Constellation s investment in La Fête du Rosé will help his brand grow beyond 15,000 cases a year. (Courtesy of La Fête du Rosé) By May 13, 2021
When Donae Burston began conversations with Constellation Brands in summer 2020, he saw the United States largest maker and marketer of alcoholic beverages as the key to expanding his French rosé brand, La Fête du Rosé. Today, Constellation has announced it has purchased a minority stake in La Fête, marking the first move in its Foc
Posted on February 23, 2021
VICTOR, N.Y., Feb. 23, 2021 - Constellation Brands, Inc. (NYSE:?STZ and STZ.B), a leading beverage alcohol company, today announced new and expanded responsibilities for two members of its Executive Management Committee, effective March 1, 2021. Jim Sabia, who has served as Constellation’s Executive Vice President and Chief Marketing Officer since 2018, has assumed the newly created role of Executive Vice President and Managing Director, Beer Division, with responsibility for leading the division’s operations services and commercial business functions. Constellation’s Chief Marketing Officer role will remain open in the near-term, but given the importance of this role to the company’s long-term growth aspirations, Constellation will look to fill this position over time. Mallika Monteiro will assume expanded responsibilities as Executive Vice President and Chief Growth, Strategy and Digital Officer. In addition to her current responsibilities lead
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Constellation Brands, Inc.: Constellation Brands Announces New and Expanded Responsibilities for Executives Jim Sabia and Mallika Monteiro
Mallika Monteiro s role expanded to Chief Growth, Strategy and Digital Officer
VICTOR, N.Y., Feb. 23, 2021 (GLOBE NEWSWIRE) Constellation Brands, Inc. (NYSE:?STZ and STZ.B), a leading beverage alcohol company, today announced new and expanded responsibilities for two members of its Executive Management Committee, effective March 1, 2021. Jim Sabia, who has served as Constellation s Executive Vice President and Chief Marketing Officer since 2018, has assumed the newly created role of Executive Vice President and Managing Director, Beer Division, with responsibility for leading the division s operations services and commercial business functions. Constellation s Chief Marketing Officer role will remain open in the near-term, but given the importance of this role to the company s long-term growth aspirations, Constellation will look to fill thi