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Robert Sands is the former Chief Executive Officer of Constellation Brands, a major player in the beverage alcohol industry, where he worked from 2007 until 2019. He joined the company way back in 1986, climbing his way through various roles,...

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Robert Sands

Ex-CEO of Constellation Brands

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

June 30, 1958 - 67 years ago

CEO of Constellation Brands for

11 years 7 months (Jul 2007 - Feb 2019)

Previous Experience

Joined the Company in 1986, served in various roles including Group President, CEO International, Executive Vice President, and General Counsel.

Holdings

See how much did Robert Sands make over time.

Robert Sands had significant holdings in Constellation Brands, often reflecting a market value around $1 billion, indicating a strong tie between his personal wealth and company success. In September 2019, his insider trading data showed a staggering valuation of $1.27...

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Total Stock Sold

$2.45B

STZ

$2.45B

11,668,538 STZ shares

What if they kept their stock?

If Robert Sands didn't sell their stock, today they would have:
Extra STZ11,668,538 shares worth $2.07B.
This is -15.27% and $373.50M less than what they got when they sold the stock.

Charitable Transactions

STZ

545,006 shares

STZ

Recent Charitable Transactions

STZ

59,621 shares

STZ

Jan 3, 2019

Charity

STZ

70,505 shares

STZ

Apr 4, 2017

Charity

STZ

314,880 shares

STZ

Apr 4, 2016

Charity

STZ

50,000 shares

STZ

Jan 20, 2015

Charity

STZ

50,000 shares

STZ

Feb 13, 2014

Charity

Insider Trading

See recent insider trades of Robert Sands.

STZ

$862.49M

STZ at $223.53/share

May 10, 2023

Sale

STZ

$884.52M

STZ at $239.06/share

Nov 14, 2022

Sale

STZ

22,746,786 shares

STZ

Nov 10, 2022

Received

STZ

$346.68M

STZ at $242.81/share

Jul 15, 2022

Sale

STZ

$33.67M

STZ at $180.44/share

Jul 23, 2020

Sale

STZ

$38.55M

STZ at $181.49/share

Jul 21, 2020

Sale

STZ

$19.14M

STZ at $204.75/share

Aug 30, 2019

Sale

STZ

$13.56M

STZ at $206.61/share

May 15, 2019

Sale

STZ

59,621 shares

STZ

Jan 3, 2019

Charity

STZ

$33.87M

STZ at $224.22/share

Oct 19, 2018

Sale

Compensation History

See how much did Robert Sands make over time.

In 2019, Robert Sands earned a total compensation package of $10,312,778, which included a base salary of $1,388,715 and a bonus of $1,918,094. His bonus was tied to performance metrics like comparable EBIT, net sales, and free cash flow, with a payout exceeding the target due to strong results. Additionally, he received over $3 million in vested stock, showcasing the company's commitment to rewarding leadership tied to performance. Throughout his time at Constellation, his total compensation reflected both the company's financial health and his ability to meet demanding targets, ensuring a win-win for both himself and the shareholders. The compensation strategy used by Constellation aimed to attract and retain key talent in a highly competitive industry, making Sands a fundamental player in the company's direction and success.

Year

2019

Total Compensation

$7.59M

Salary

$1.39M

Board Justification

The compensation philosophy aims to attract, motivate, and retain key executives while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$1.92M

Board Justification

The bonus was based on performance metrics including Comparable EBIT, Net Sales, and Free Cash Flow, with a payout at approximately 135.29% of target due to exceeding performance goals.

Other

$1.01M

Board Justification

Other compensation includes perquisites such as product allowances, security services, and other personal benefits.

Restricted Stock

$3.28M(3.28M RSU)

Board Justification

The vested stock includes RSUs and PSUs that were earned based on performance metrics for the fiscal year 2019, with a total value based on the stock price at the time of vesting.

Performance Metrics

The performance metrics for the CEO's compensation included Comparable EBIT, Net Sales, and Free Cash Flow.

Other Constellation Brands CEOs

Here are other CEOs of Constellation Brands