RE:Rob SandsMy guess is he wants to focus more on Canopy, and maybe step into a role there or Bruce eventualy will step into some role at CB? I could see a merger in the future.
55orbust wrote:
Reuters) - Constellation Brands Inc's (STZ.N) Rob Sands is stepping down as CEO, ending an era in which the family-backed alcohol producer became one of the biggest beer brewers in the United States and placed a multi-billion dollar bet on the cannabis industry.
Constellation, the maker of Corona beer and Svedka vodka, said Bill Newlands, an industry veteran and Constellation's current president, will succeed Sands as CEO. Newlands will become the first person outside the Sands family to take the role.
Sands, 60, will become executive chairman in March, replacing his brother Richard.