Constellation
Brands Adds Board Seat; University of Rochester’s
Simon
School of Business Dean Mark Zupan Fills Position
FAIRPORT,
N.Y., Oct., 3, 2007 –
Constellation Brands, Inc. (NYSE: STZ; ASX: CBR), a leading
international producer and marketer of beverage alcohol, today announced
that
its board of directors yesterday authorized an increase in board positions
from
eight to nine, and approved Mark Zupan, 48, to fill the new board seat effective
immediately (Oct. 2, 2007). Zupan is currently Dean of the highly
regarded William E. Simon Graduate School of Business Administration at the
University of Rochester (New York).
“We
are fortunate to be able to tap into Mark’s
business and academic acumen and bring his unique perspective to our company’s
board,” stated Richard Sands, Constellation Brands chairman. “We
believe Mark will be a welcome and important addition to our board, and we
look
forward to his counsel and contributions in support of achieving our long-term
corporate goals.”
A
Rochester, N.Y., native, Zupan joined the
University of Rochester’s Simon School as dean on Jan. 1, 2004, after faculty
and administrative appointments at the University of Southern California
(USC)
in Los Angeles, then with the University of Arizona at Tucson from 1997 to
2003. He has taught at Harvard University and Dartmouth College, is
the co-author of two economic textbooks and has had articles published in
major
scholarly journals, trade periodicals and U.S. newspapers.
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Zupan
has a Bachelor’s degree in economics from
Harvard University and a Ph.D. in economics from the Massachusetts Institute
of
Technology (MIT), both in Cambridge, Mass.
About
Constellation Brands
Constellation
Brands, Inc. is a leading
international producer and marketer of beverage alcohol in the wine, spirits
and
imported beer categories, with significant market presence in the U.S., Canada,
U.K., Australia and New Zealand. Based in Fairport, N.Y., the company
has more than 250 brands in its portfolio, sales in approximately 150 countries
and operates approximately 60 wineries, distilleries and distribution
facilities. It is the largest wine producer in the world; the largest
wine company in the U.S. based upon sales dollar value, the largest wine
company
in the U.K., Australia and Canada; the second largest wine company in New
Zealand; the largest beer importer and marketer in the U.S. through its Crown
Imports joint venture with Mexico’s Grupo Modelo; and the third largest spirits
company in the U.S. Constellation Brands is an S&P 500 Index and
Fortune 500® company. Major brands in the company’s portfolio include
Corona Extra, Black Velvet Canadian Whisky, the SVEDKA vodka line, Robert
Mondavi wines, Ravenswood, Blackstone, Hardys, Banrock Station, Nobilo, Kim
Crawford, Inniskillin, Jackson-Triggs and Arbor Mist. To learn more
about Constellation Brands and its product portfolio visit the company’s Web
site at www.cbrands.com.
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