8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) January 25, 2016

CONSTELLATION BRANDS, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-08495	16-0716709
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

207 High Point Drive, Building 100, Victor, NY 14564

(Address of principal executive offices)              (Zip Code)

Registrant’s telephone number, including area code   (585) 678-7100

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) Compensatory Arrangements of Certain Officers

On January 25, 2016, the Human Resources Committee of the Board of Directors of Constellation Brands, Inc. (“Constellation” or the “Company”) set new annual base salaries for certain of the Company’s Executive Officers, which salaries are effective January 26, 2016. The following table sets forth the new annual base salary level of the Executive Officer identified below:

Name and Position	New Annual Base Salary
David Klein, Executive Vice President and Chief Financial Officer		$600,000

Item 7.01. Regulation FD Disclosure.

On January 25, 2016, Constellation issued a news release, a copy of which release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference, announcing executive appointments in the Beer and Wine & Spirits Divisions.

References to Constellation’s website in the release do not incorporate by reference the information on such website into this Current Report on Form 8-K and Constellation disclaims any such incorporation by reference. The information in the news release attached as Exhibit 99.1 is incorporated by reference into this Item 7.01 in satisfaction of the public disclosure requirements of Regulation FD. This information is “furnished” and not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, and is not otherwise subject to the liabilities of that section. Such information may be incorporated by reference in another filing under the Securities Exchange Act of 1934 or the Securities Act of 1933 only if and to the extent such subsequent filing specifically references the information incorporated by reference herein.

Item 8.01. Other Events.

Effective January 26, 2016, (i)  William F. Hackett assumed the role of Chairman, Beer Division while remaining an Executive Vice President of the Company, (ii)  F. Paul Hetterich assumed the role of President, Beer Division while remaining an Executive Vice President of the Company, (iii)  William A. Newlands assumed the role of President, Wine & Spirits Division, while remaining an Executive Vice President of the Company, and (iv)  John A. (Jay) Wright assumed the role of President, Canadian Business, while remaining an Executive Vice President of the Company.

Item 9.01. Financial Statements and Exhibits.

(a) Financial statements of businesses acquired.

Not applicable.

(b) Pro forma financial information.

Not applicable.

(c) Shell company transactions.

Not applicable.

(d) Exhibits.

The following exhibit is furnished as part of this Current Report on Form 8-K:

Exhibit No.	Description
99.1	News release of Constellation Brands, Inc. dated January 25, 2016.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 26, 2016	CONSTELLATION BRANDS, INC.
	By:	/s/ David Klein
		David Klein
		Executive Vice President and Chief Financial Officer

INDEX TO EXHIBITS

Exhibit No.	Description
(1)	UNDERWRITING AGREEMENT
	Not Applicable.
(2)	PLAN OF ACQUISITION, REORGANIZATION, ARRANGEMENT, LIQUIDATION OR SUCCESSION
	Not Applicable.
(3)	ARTICLES OF INCORPORATION AND BYLAWS
	Not Applicable.
(4)	INSTRUMENTS DEFINING THE RIGHTS OF SECURITY HOLDERS, INCLUDING INDENTURES
	Not Applicable.
(7)	CORRESPONDENCE FROM AN INDEPENDENT ACCOUNTANT REGARDING NON-RELIANCE ON A PREVIOUSLY ISSUED AUDIT REPORT OR COMPLETED INTERIM REVIEW
	Not Applicable.
(14)	CODE OF ETHICS
	Not Applicable.
(16)	LETTER RE CHANGE IN CERTIFYING ACCOUNTANT
	Not Applicable.
(17)	CORRESPONDENCE ON DEPARTURE OF DIRECTOR
	Not Applicable.
(20)	OTHER DOCUMENTS OR STATEMENTS TO SECURITY HOLDERS
	Not Applicable.
(23)	CONSENTS OF EXPERTS AND COUNSEL
	Not Applicable.
(24)	POWER OF ATTORNEY
	Not Applicable.
(99)	ADDITIONAL EXHIBITS
(99.1)	News release of Constellation Brands, Inc. dated January 25, 2016.
(100)	XBRL-RELATED DOCUMENTS
	Not Applicable.
(101)	INTERACTIVE DATA FILE
	Not Applicable.
(106)	STATIC POOL PDF
	Not Applicable.

EX-99.1

Exhibit 99.1

NEWS RELEASE

CONTACTS
Media Cheryl Gossin: 585-678-7191 Mike McGrew (Beer): 312-873-9317 Alicia Laury (U.S. W&S): 415-912-3851 Michelle Saba (Canada): 905-564-6906 x5771	Investor Relations Patty Yahn-Urlaub: 585-678-7483 Bob Czudak: 585-678-7170

Constellation Brands Announces Executive

Appointments in Beer and Wine & Spirits Divisions

Paul Hetterich and Bill Newlands taking on expanded leadership roles

VICTOR, N.Y., Jan. 25, 2016 – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today several executive appointments across the organization to further bolster its business and support the company’s long-term growth strategies.

“These appointments illustrate the strength of leadership and the depth of talent at Constellation Brands,” said Rob Sands, president and chief executive officer, Constellation Brands. “As we tap the next generation of Constellation leaders, we are strengthening our organization by making changes that allow for continued growth and development of our leaders, while ensuring continuity that sustains and builds upon our dynamic growth. This is an exciting time for our company and our people as we build for our future.”

Bill Hackett, who has been with Constellation Brands since 1984 and currently serves as president of Beer, has been named to the newly created role of chairman of Beer. Hackett will continue to report to Rob Sands and remain a member of the Executive Management Committee. In his new role as chairman, Hackett will continue to provide guidance and insights on business strategies and long-term vision for the beer business.

Paul Hetterich has been named president of Beer reporting to Rob Sands. Hetterich has been with the company since 1986, and most recently served as executive vice president, Corporate Development and Beer Operations. In addition to his current responsibilities for beer operations, Hetterich will now have oversight for the commercial functions of the beer business as well.

Bruce Jacobson has been promoted to chief commercial officer, Beer and will assume additional responsibility for commercial operations reporting to Paul Hetterich. Jacobson has led the Beer Division sales team since 2004.

“I am incredibly proud of what our Beer business has achieved, but I’m even more excited about the future of our business,” said Bill Hackett, chairman of Constellation Brands’ Beer Division. “Over the years, we’ve built a strong team with a focus on developing the next generation of leaders. These promotions are a continuation of that process. This is the right time to make these changes. Our beer business is performing well and we have great momentum in the marketplace. I look forward to the continued success of our Beer Division.”

Bill Newlands has been named president of the Wine & Spirits Division and will continue to report to Rob Sands. Bill will also retain responsibility for the Growth Organization which provides insights and innovation activities across the company. Ben Dollard, who was most recently president of Constellation’s Canadian Business, has been named chief growth officer and will have responsibility across both the Beer and Wine & Spirits Divisions for driving the growth agenda. Dollard has been with Constellation since 2001 and has strong brand building, sales, marketing, and production experience. Dollard will report to Newlands and also have reporting responsibility to Hetterich.

Jay Wright, currently president of Wine and Spirits, was named president of Constellation’s Canadian Business and will continue to report to Rob Sands. Wright’s strong relationships and deep knowledge and understanding of the Canadian marketplace will help drive the continued growth of the Canadian business.

All executive appointments are effective Jan. 26, 2016.

About Constellation Brands

Constellation Brands (NYSE: STZ and STZ.B) is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Canada, Mexico, New Zealand and Italy. In 2015, Constellation was one of the top performing stocks in the S&P 500 Consumer Staples Index. Constellation is the number three beer company in the U.S. with high-end, iconic imported brands including Corona Extra, Corona Light, Modelo Especial, Negra Modelo and Pacifico. Constellation is also the world’s leader in premium wine, selling great brands that people love including Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Franciscan Estate, Ruffino and Jackson-Triggs. The company’s premium spirits brands include SVEDKA Vodka, Casa Noble Tequila and Black Velvet Canadian Whisky.

Based in Victor, N.Y., the company believes that industry leadership involves a commitment to brand-building, our trade partners, the environment, our investors and to consumers around the world who choose our products when celebrating big moments or enjoying quiet ones. Founded in 1945, Constellation has grown to become a significant player in the beverage alcohol industry with more than 100 brands in its portfolio, sales in approximately 100 countries, about 40 facilities and more than 8,300 talented employees. We express our company vision: to elevate life with every glass raised. To learn more, visit www.cbrands.com.

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