Sundar PichaiSundar Pichai earned $164M in 2023

William A. Newlands has been the CEO of Constellation Brands since March 2019, taking over a company with a strong presence in the beverage industry. Before this, he was the President and COO and had various roles including EVP and...

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William A. Newlands

CEO of Constellation Brands

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

CEO of Constellation Brands for

6 years 4 months (Mar 2019 - Present)

Previous Experience

Previously served as Chief Operating Officer, Executive Vice President, and other roles at Beam Inc.

Holdings

See how much did William A. Newlands make over time.

William A. Newlands has been active in trading Constellation Brands stock, with notable trades recorded. His transactions are quite significant. In May 2023, he sold shares worth approximately $5.87 million, marking one of the highest trades in recent months. Another...

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Total Stock Sold

$29.69M

STZ

$29.69M

114,922 STZ shares

What if they kept their stock?

If William A. Newlands didn't sell their stock, today they would have:
Extra STZ114,922 shares worth $20.41M.
This is -31.25% and $9.28M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of William A. Newlands.

STZ

$6.54M

STZ at $261.71/share

May 10, 2024

Sale

STZ

$1.06M

STZ at $263.25/share

Apr 19, 2024

Sale

HRL

$38.06K

HRL at $34.89/share

Mar 31, 2024

Received

HRL

5,185 shares

HRL

Feb 1, 2024

Received

HRL

$38.06K

HRL at $38.03/share

Sep 30, 2023

Received

HRL

$38.06K

HRL at $38.03/share

Sep 30, 2023

Received

STZ

$13.23M

STZ at $267.63/share

Jul 20, 2023

Sale

HRL

$38.06K

HRL at $39.88/share

Mar 31, 2023

Received

HRL

3,529 shares

HRL

Feb 1, 2023

Received

HRL

$25.59K

HRL at $45.44/share

Sep 30, 2022

Received

Compensation History

See how much did William A. Newlands make over time.

In 2023, William A. Newlands earned a total compensation of approximately $1.57 million as CEO of Constellation Brands. His base salary was $1.34 million, but interestingly, the bulk of his pay came from a bonus of $3.11 million, based on the company's strong performance metrics. Newlands hit about 127% of his bonus target, which shows the alignment of his goals with Constellation's financial health. Besides his salary and bonus, he got about $225,000 in other compensation, which includes retirement plan contributions and perks like personal use of corporate aircraft. This level of compensation is typical for someone in his role, where performance directly connects to pay. Last year, his total compensation was slightly lower at $1.35 million, indicating a trend of growing rewards as the company continued to thrive under his leadership, which is crucial in the competitive beverage market. Regularly hitting high performance metrics has clearly paid off for Newlands, both for him and the company.

Year

2023

Total Compensation

$4.67M

Salary

$1.34M

Board Justification

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

Bonus

$3.11M

Board Justification

Based on the Fiscal 2023 results, Mr. Newlands received an AMIP payment at approximately 127% of the target awards set by the Committee.

Other

$224.69K

Board Justification

Includes contributions under the 401(k) and Profit Sharing Plan, NQSP contributions, and perquisites such as personal use of corporate aircraft and charitable contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus is on the current year’s compensation.

Performance Metrics

The performance metrics for determining compensation include Net Sales, Comparable EBIT, and Free Cash Flow (FCF) targets.

Other Constellation Brands CEOs

Here are other CEOs of Constellation Brands