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Constellation Brands 8-K Report, Regulation FD Disclosure (Apr 14, 2025)

Reports
Regulation FD·Other Events·Exhibits & Filings
Filing Date
Filed April 14, 2025
Period End
April 14, 2025
Security
STZ
In the record · 2016–202610-K1110-Q338-K237

STZ filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 237 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Sep ’18Sep ’18
  2. Leadership change8-K · Oct ’20Oct ’20
  3. Leadership change8-K · Nov ’22Nov ’22
  4. Material agreement8-K · Sep ’26Sep ’26

Summary

Summary of the 8-K filed April 14, 2025. Cited figures are marked; the original filing is the authoritative source.

Constellation Brands, Inc. filed a Form 8-K on April 14, 2025 to disclose a change in its senior management.

The company announced that Paula K. Erickson, age 56, has been appointed Executive Vice President and Chief Human Resources Officer, effective April 21, 2025. She will join the Executive Management Committee and oversee all aspects of the company's HR business partnership, global talent initiatives, HR operations, and global total rewards programs.

K. Kristann (Kris) Carey, the current EVP and Chief Human Resources Officer, will step down from that role effective April 21, 2025, and depart the company in May 2025. The company and Carey mutually agreed on the transition.

Carey will serve in an advisory capacity for a brief period to work with Erickson and ensure continuity of the company's people strategy. The filing states that Carey spent nearly 12 years with the company. The announcement is a leadership transition within the HR function and contains no financial results, guidance, or operational metrics.

The news release, furnished as Exhibit 99.1, is incorporated by reference under Regulation FD. Erickson previously served as Chief Human Resources Officer at Beam Suntory Inc.

Key Highlights

  1. Paula K. Erickson, age 56, appointed EVP and Chief Human Resources Officer, effective April 21, 2025
  2. Erickson will join the Executive Management Committee and oversee HR business partnership, global talent initiatives, HR operations, and global total rewards programs
  3. K. Kristann (Kris) Carey steps down as EVP and Chief Human Resources Officer effective April 21, 2025 and departs the company in May 2025
  4. Carey, who spent nearly 12 years with the company, will serve in an advisory capacity for a brief period to support the transition
  5. Erickson previously served as Chief Human Resources Officer at Beam Suntory Inc. (now called Suntory Global Spirits)
  6. The announcement is a leadership change with no financial results, guidance, or operational metrics disclosed
  7. CEO Bill Newlands stated he looks forward to the continued success of the HR function under Erickson's leadership

Frequently Asked Questions

  1. Who is replacing the current Chief Human Resources Officer?

    Paula K. Erickson has been appointed Executive Vice President and Chief Human Resources Officer, effective April 21, 2025. She previously served as Chief Human Resources Officer at Beam Suntory Inc. (now called Suntory Global Spirits).

  2. When will Kris Carey leave Constellation Brands?

    K. Kristann Carey will step down as Executive Vice President and Chief Human Resources Officer effective April 21, 2025, and will depart the company in May 2025. She will serve in an advisory capacity for a brief period to work with Erickson.

  3. What areas will the new CHRO oversee?

    Erickson will join the Executive Management Committee and have oversight responsibility for all aspects of the HR business partnership, global talent initiatives, HR operations, and global total rewards programs.

  4. Was the departure of Kris Carey mutually agreed?

    Yes. The company and Carey have mutually agreed that Carey will step down from her role and depart the company in May 2025.

  5. Does this announcement affect Constellation's financial outlook?

    The filing does not disclose financial results, guidance, or operational metrics. It addresses only the senior management change in the Human Resources function.