Constellation Brands (STZ) executive compensation, 2026 proxy

William A. Newlands, Former President and Chief Executive Officer, was paid $14.2M in fiscal 2026, down 5% from $15M the year before. The CEO-to-median-employee pay ratio was 293:1, on median employee pay of $48,558.

Filed
June 8, 2026
Annual meeting
July 22, 2026
Pay year
fiscal 2026
Named executives
5
CEO total pay
$14.2M-5% vs prior year
CEO to median employee
293:1median $48,558
CEO pay in equity
76%$10.8M in awards
Operating cash flow
$2.7BFiscal 2026
Free cash flow
$1.8BFiscal 2026
Capital returned
Over $1.6BShare repurchases and dividends
Beer operating margin
38%Fiscal 2026
Cost savings
Over $200MSupply chain efficiencies

How Newlands was paid

$14.2M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards76%Non-equity incentive11%All other compensation3%

Named executive officers

ExecutiveTotal
William A. NewlandsFormer President and Chief Executive Officer$14,209,126
Garth HankinsonExecutive Vice President and Chief Financial Officer$6,626,225
James A. Sabia, Jr.Executive Vice President and President, Beer Division$3,767,040
James O. BourdeauExecutive Vice President and Former Chief Legal Officer$3,030,632
Samuel J. GlaetzerExecutive Vice President and President, Wine and Spirits Division$2,601,606

What changed and why

  • $14.2M$14,209,126 CEO total compensation compared with $15,006,800 in Fiscal 2025.
  • April 13, 2026 leadership succession appointed Nicholas I. Fink as President and Chief Executive Officer.
  • Fiscal 2026 PSUs used enterprise cost savings and relative TSR performance measures.
  • $1.8B$1.8 billion Fiscal 2026 free cash flow supported capital returns and financial flexibility.
  • $200M38% Beer Business operating margin and over $200 million in cost savings highlighted operating performance.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.