Bill Newlands

Bill Newlands leads Constellation Brands, one of the most remarkable growth stories in the US beverage alcohol industry. The company owns the exclusive US production, import, marketing, and distribution rights for Corona, Modelo Especial, Modelo Negra, and Pacifico — a portfolio of Mexican beer brands that has dramatically disrupted the American beer market. The Mexican beer portfolio has been the company's growth engine: Modelo Especial surpassed Bud Light to become America's best-selling beer in 2023, a historic shift accelerated by Bud Light's brand controversy. Corona is one of the world's most recognizable beer brands. Together, Constellation's beer business generates approximately $9 billion in annual net sales with premium pricing and industry-leading margins. The company has invested over $5 billion in expanding brewery capacity in Mexico to meet surging demand. Beyond beer, Constellation owns a portfolio of premium wine brands (Meiomi, Kim Crawford, The Prisoner, Robert Mondavi) and spirits brands (High West whiskey, Casa Noble tequila, Mi Campo). The company also made a controversial $4 billion investment in Canopy Growth (cannabis) that has generated significant losses. Key stock drivers include beer depletions and shipment volumes, Mexican beer market share gains, brewery capacity expansion, wine and spirits performance, potential divestiture of non-core brands, tariff risk (Mexican imports), and the Canopy Growth investment trajectory.