Morgan Flatley from McDonald's joins Constellation Brands' Board of Directors, enhancing its marketing expertise and strategic growth.
Quiver AI Summary
Constellation Brands, Inc. announced the election of Morgan Flatley from McDonald's Corporation to its Board of Directors, effective May 20, 2026. Board Chair Chris Baldwin expressed enthusiasm for Flatley's extensive experience in global brand-building in the consumer goods and food sectors, which is expected to bolster Constellation's position as the top high-end beer supplier in the U.S. Flatley, who serves as McDonald’s Executive Vice President and Chief Marketing Officer, has driven significant brand transformations and has been recognized as a leading marketer. Her appointment comes as part of a board refreshment process, returning the board to twelve members following the retirement of former CEO Bill Newlands.
Potential Positives
- Constellation Brands has strengthened its Board of Directors by electing Morgan Flatley, a recognized leader in global brand-building, which signals a commitment to enhancing market strategy and innovation.
- Flatley's extensive experience in the consumer-packaged goods and beverage sectors is expected to bolster Constellation's position as the #1 high-end beer supplier in the U.S., fostering growth and competitive advantage.
- The addition of Flatley is part of a comprehensive board refreshment process, suggesting proactive governance and adaptation to market dynamics.
Potential Negatives
- Concerns may arise regarding the company's ability to maintain its position as a leader in the high-end beer market, as indicated by the need for board refreshment and a new member with a strong marketing background.
- The press release highlights prior leadership changes, including the retirement of former President and CEO Bill Newlands, which may raise questions about stability within the company's executive team.
- Forward-looking statements contained in the release include significant risks and uncertainties, suggesting that anticipated outcomes related to Morgan Flatley's contributions and the company's growth may not be guaranteed.
FAQ
Who was elected to the Constellation Brands Board of Directors?
Morgan Flatley of McDonald’s Corporation was elected as a member of the Board of Directors effective May 20, 2026.
What experience does Morgan Flatley bring to Constellation Brands?
Flatley has extensive global brand-building experience in the consumer-packaged goods and food and beverage sectors.
What are Constellation Brands' goals in the beverage alcohol industry?
Constellation aims to remain the #1 high-end beer supplier in the U.S. by dollar sales and gain market share.
How many members are on Constellation Brands' Board of Directors after this election?
Following the election of Flatley, the Board of Directors composition returns to twelve members.
What is the mission of Constellation Brands?
Constellation Brands' mission is to build brands that elevate human connections and are worth reaching for.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$STZ Insider Trading Activity
$STZ insiders have traded $STZ stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $STZ stock by insiders over the last 6 months:
- JAMES O. BOURDEAU (EVP and Senior Advisor) sold 4,407 shares for an estimated $631,258
- ERNESTO M HERNANDEZ sold 2,000 shares for an estimated $307,830
- SAMUEL J GLAETZER (EVP & Pres. Wine and Spirits) sold 555 shares for an estimated $85,345
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$STZ Revenue
$STZ had revenues of $1.9B in Q4 2026. This is a decrease of -11.27% from the same period in the prior year.
You can track STZ financials on Quiver Quantitative's STZ stock page.
You can access data on STZ stock through the Quiver Quantitative API.
$STZ Congressional Stock Trading
Members of Congress have traded $STZ stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $STZ stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 12/19.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$STZ Hedge Fund Activity
We have seen 503 institutional investors add shares of $STZ stock to their portfolio, and 564 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BERKSHIRE HATHAWAY INC removed 12,367,110 shares (-95.1%) from their portfolio in Q1 2026, for an estimated $1,849,006,616
- CAPITAL WORLD INVESTORS added 4,967,918 shares (+68.6%) to their portfolio in Q1 2026, for an estimated $742,753,420
- CAPITAL INTERNATIONAL INVESTORS removed 4,823,437 shares (-74.9%) from their portfolio in Q1 2026, for an estimated $721,152,065
- CITADEL ADVISORS LLC added 2,931,378 shares (+376.8%) to their portfolio in Q1 2026, for an estimated $438,270,324
- CAPITAL RESEARCH GLOBAL INVESTORS added 2,150,626 shares (+52187.0%) to their portfolio in Q1 2026, for an estimated $321,540,093
- BALYASNY ASSET MANAGEMENT L.P. added 2,071,989 shares (+9479.8%) to their portfolio in Q1 2026, for an estimated $309,783,075
- FMR LLC added 1,093,150 shares (+27.1%) to their portfolio in Q1 2026, for an estimated $163,436,856
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$STZ Analyst Ratings
Wall Street analysts have issued reports on $STZ in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- UBS issued a "Buy" rating on 01/09/2026
To track analyst ratings and price targets for $STZ, check out Quiver Quantitative's $STZ forecast page.
$STZ Price Targets
Multiple analysts have issued price targets for $STZ recently. We have seen 15 analysts offer price targets for $STZ in the last 6 months, with a median target of $175.0.
Here are some recent targets:
- Robert Moskow from TD Cowen set a target price of $190.0 on 04/13/2026
- Nik Modi from RBC Capital set a target price of $185.0 on 04/10/2026
- Chris Carey from Wells Fargo set a target price of $185.0 on 04/10/2026
- Robert Ottenstein from Evercore ISI Group set a target price of $175.0 on 04/10/2026
- Michael Lavery from Piper Sandler set a target price of $160.0 on 04/10/2026
- Dara Mohsenian from Morgan Stanley set a target price of $183.0 on 04/10/2026
- Bryan Spillane from B of A Securities set a target price of $154.0 on 04/10/2026
Full Release
ROCHESTER, N.Y., May 21, 2026 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced the election of Morgan Flatley of McDonald’s Corporation (NYSE: MCD), the world’s leading global foodservice retailer, to serve as a member of its Board of Directors effective May 20, 2026.
“We’re excited to welcome Morgan to Constellation Brands’ Board of Directors,” said Constellation Brands Board Chair Chris Baldwin. “Morgan’s extensive global brand-building experience in both the consumer-packaged goods and food and beverage sectors will benefit Constellation as we continue to position the company to remain the #1 high-end beer supplier in the U.S. by dollar sales and a leader in dollar share gains within the dynamic beverage alcohol category.”
Flatley currently serves as Executive Vice President, Global Chief Marketing Officer and New Business Ventures at McDonald’s Corporation, where she is responsible for global brand building, including driving the company’s growth and transformation across marketing, menu, value platforms, digital customer engagement, insights, and new business ventures.
Since joining McDonald’s in 2017, Flatley has been the driving force behind some of the Brand’s most inspired marketing campaigns. She has been named to the Forbes World’s Most Influential CMOs list multiple times and has been recognized with Adweek’s most prestigious honor – Brand Genius. Under Flatley’s leadership, McDonald’s has also been recognized multiple times as a top marketer among consumer brands.
Prior to joining McDonald’s, Flatley spent 13 years at PepsiCo, Inc., a multinational food, snack, and beverage company, most recently serving as Senior Vice President and Chief Marketing Officer, Global Nutrition, responsible for brand positioning and innovation for Quaker, Tropicana, Gatorade, and Naked Juice.
“Constellation Brands has built one of the most distinctive and iconic brand portfolios in the industry by staying deeply attuned to consumers and shaping culture, not just responding to it,” said Flatley. “I look forward to collaborating with my fellow board members and lending perspective to help Constellation’s executive team continue building on the company’s strong foundation for growth and track record of success.”
With Flatley’s election, the composition of Constellation Brands’ Board of Directors returns to twelve members, following former President and Chief Executive Officer Bill Newlands’ retirement from the Board in April 2026. Flatley’s election serves as a continuation of the company’s comprehensive board refreshment process.
ABOUT CONSTELLATION BRANDS
Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It’s worth our dedication, hard work, and calculated risks to anticipate market trends and deliver for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.
Every day, people reach for brands from our high-end, imported beer portfolio anchored by the iconic Corona Extra and Modelo Especial, a flavorful lineup of Modelo Cheladas, and favorites like Pacifico, and Victoria; our exceptional wine brands including The Prisoner Wine Company, Robert Mondavi Winery, Kim Crawford, Schrader Cellars, and Lingua Franca; and our craft spirits brands such as Casa Noble Tequila and High West Whiskey.
As an agriculture-based company, we strive to operate in a way that is sustainable and responsible. Our ESG strategy is embedded into our business and we focus on serving as good stewards of the environment, investing in our communities, and promoting responsible beverage alcohol consumption. We believe these aspirations in support of our longer-term business strategy allow us to contribute to a future that is truly Worth Reaching For.
To learn more, visit www.cbrands.com and follow us on LinkedIn and Instagram.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The word “expect” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These statements may relate to business strategy, future operations, prospects, plans, and objectives of management and Constellation’s Board of Directors, including the anticipated benefits of Flatley’s experience, positioning of the company as a high-end beer supplier and beverage alcohol category leader, and building on the company’s strong foundation for growth and track record of success, as well as information concerning expected actions of third parties. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, such forward-looking statements.
The forward-looking statements are based on management’s and the Constellation Board of Directors’ current expectations and should not be construed in any manner as a guarantee that any of the events anticipated by the forward-looking statements will in fact occur or will occur on the timetable contemplated hereby. All forward-looking statements speak only as of the date of this news release and Constellation does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
In addition to risks and uncertainties associated with ordinary business operations, the forward-looking statements contained in this news release are subject to other risks and uncertainties, including the accuracy of all projections and other factors and uncertainties disclosed from time-to-time in Constellation Brands’ filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended February 28, 2026, which could cause actual future performance to differ from current expectations.
| MEDIA CONTACTS | INVESTOR RELATIONS CONTACTS |
| Maggie Bowman 213-500-2401 / | Blair Veenema 585-284-4433 / |
| [email protected] | [email protected] |
| Snehal Shah 847-385-4940 / | |
| [email protected] | |
| David Paccapaniccia 585-282-7227 / | |
| [email protected] | |
A downloadable PDF copy of this news release can be found here. http://ml.globenewswire.com/Resource/Download/1aea2f9c-8253-45d2-8d94-2b14f1703079