CONSTELLATION BRANDS CEO Robert Sands' 2019 pay slips 5% to $10M
CONSTELLATION BRANDS reports 2019 executive compensation
By ExecPay News
Published: May 31, 2019
CONSTELLATION BRANDS reported fiscal year 2019 executive compensation information on May 31, 2019.
In 2019, six executives at CONSTELLATION BRANDS received on average a compensation package of $7.4M, a 26% increase compared to previous year.
Average pay of disclosed executives at CONSTELLATION BRANDS
Robert Sands, Chief Executive Officer, received $10M in total, which decreased by 5% compared to 2018. 32% of Sands' compensation, or $3.3M, was in stock awards. Sands also received $1.9M in non-equity incentive plan, $2.7M in option awards, $1.4M in salary, as well as $1M in other compensation.
For fiscal year 2019, the median employee pay was $53,851 at CONSTELLATION BRANDS. Therefore, the ratio of Robert Sands' pay to the median employee pay was 192 to one.
Richard Sands, Chairman, received a compensation package of $8M, which decreased by 7% compared to previous year. 50% of the compensation package, or $4M, was in option awards.
William A. Newlands, Chief Operating Officer, earned $7.9M in 2019, a 109% increase compared to previous year.
David Klein, Chief Financial Officer, received $7M in 2019, which increases by 98% compared to 2018.
Christopher Stenzel, Former Executive Vice President and President, Wine & Spirits Division, earned $6M in 2019.
F. Paul Hetterich, Executive Vice President and President, Beer Division, received $5.5M in 2019, which increases by 57% compared to 2018.
CONSTELLATION BRANDS' fiscal year ends on February 28.
Related executives
Robert Sands
CONSTELLATION BRANDS
Chief Executive Officer
Richard Sands
CONSTELLATION BRANDS
Chairman
William Newlands
CONSTELLATION BRANDS
Chief Operating Officer
David Klein
CONSTELLATION BRANDS
Chief Financial Officer
F Hetterich
CONSTELLATION BRANDS
Executive Vice President and President, Beer Division
Christopher Stenzel
CONSTELLATION BRANDS
Former Executive Vice President and President, Wine & Spirits Division
You may also like
Source: SEC filing on May 31, 2019.