Constellation Brands, Inc. announced the election of Christopher J. Baldwin of CVC Advisors (U.S.) Inc. to serve as a member of Constellation?s board of directors, as well as his appointment as non-executive chair of the company?s board, each effective March 1, 2024. Mr. Baldwin has served as a managing partner of CVC Advisors (U.S.) Inc. since October 2020. Prior to that, he held various board and executive management roles at BJ?s Wholesale Club Holdings Inc. between September 2015 and June 2023, including serving as the company?s executive chairman of the board and chief executive officer during that time span.

Mr. Baldwin continues to serve as a member of BJ?s board of directors until his term expires at its 2024 annual meeting of shareholders. While at BJ?s, Mr. Baldwin also served as chairman of the National Retail Federation board of directors from 2018-2020. In addition, Mr. Baldwin held numerous senior executive roles at Hess Retail Corporation, Kraft Foods Group, Inc., The Hershey Company, and The Procter & Gamble Company.

Mr. Baldwin brings to Constellation?s board extensive executive and board leadership experience, and deep knowledge of the consumer packaged goods and food and beverage industries from his more than 20 years of service in multiple facets of business leadership including branding, marketing, and human capital development. In addition, Constellation?s board of directors has accepted the voluntary resignation of Susan Somersille Johnson as a member of the board, effective February 17, 2024. Ms. Johnson joined Constellation?s board in July 2017 and served as a member of its Human Resources Committee.

Ms. Johnson?s resignation was not due to any disagreement with the company on any matter relating to its operations, practices, or procedures.