Constellation Brands, Inc. (STZ) Names Nicholas Fink as its New CEO

Constellation Brands, Inc. (NYSE:STZ) is among the 12 Best Alcohol Stocks to Buy Right Now.

On February 12, 2026, Reuters reported that Constellation Brands, Inc. (NYSE:STZ) appointed Nicholas Fink as chief executive officer, succeeding Bill Newlands, as the brewer deals with demand issues. Fink, who formerly oversaw Fortune Brands Innovations, will take over as CEO on April 13 after serving on the firm’s board for five years. Newlands, who joined the firm in 2015 and became CEO in 2019, will step down from the board in April and act as a strategic advisor for several months to help with the leadership transition.

Constellation Brands, Inc. (NYSE:STZ)'s alcohol sales have been weak as Hispanic consumers cut back on purchases amid the Trump administration's immigration campaign and broader economic concerns. TD Cowen analyst Robert Moskow does not expect the leadership decision to disrupt strategic direction, given Fink's board expertise. The analyst also noted Fink supervised substantial organizational and portfolio changes during his tenure at Fortune Brands Innovations.

Constellation Brands, Inc. (NYSE:STZ) is involved in the manufacture, marketing, and distribution of beer, wine, and spirits. It operates in four segments: Beer, Wine and Spirits, Corporate Operations and Other, and Canopy.

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