Constellation Brands (NYSE: STZ) has announced the appointment of Paula Erickson as the incoming Executive Vice President and Chief Human Resources Officer, effective April 21, 2025. She will be joining the company's executive management committee and will have oversight responsibility for all aspects of Constellation's HR business partnership, global talent initiatives, HR operations, and global total rewards programs.
Paula Erickson joins Constellation Brands from her role as the Chief Human Resources Officer at Beam Suntory Inc. (now called Suntory Global Spirits), bringing with her a wealth of experience in the beverage alcohol industry. During her time at Beam Suntory, she played a key role in driving the company's talent strategy through significant transformational events, including integration efforts following Suntory Holdings' acquisition of Beam in 2014, navigating people-related complexities during the COVID-19 pandemic, and the relocation of the company's global corporate headquarters from Chicago to New York City.
On the departure side, Kris Carey, Constellation's current Executive Vice President and Chief Human Resources Officer, will be stepping down from her role and leaving the company in May 2025. She will serve in an advisory capacity for a brief period and will work closely with Paula Erickson to ensure a smooth leadership transition and continuity of Constellation's people strategy.
Bill Newlands, President and CEO of Constellation Brands, expressed his appreciation for Kris Carey's significant contributions to the company over her nearly 12 years of service and extended best wishes for her future endeavors. He also expressed excitement about welcoming Paula Erickson to the team, highlighting her proven track record in helping organizations evolve their talent strategies and operating models in line with long-term business objectives.
Constellation Brands, a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy, is known for its commitment to ongoing investments in its people and business capabilities. The company has been driving consistent, industry-leading growth and is dedicated to building brands that people love.
As an agriculture-based company, Constellation Brands strives to operate in a sustainable and responsible manner, with its ESG strategy embedded into its business. The company's focus on serving as good stewards of the environment, investing in communities, and promoting responsible beverage alcohol consumption aligns with its longer-term business strategy.
Constellation Brands' dedication to anticipating market trends and delivering more for consumers, shareholders, employees, and the industry has contributed to its position as one of the fastest-growing large CPG companies in the U.S. at retail. The company's high-end, iconic imported beer brands, fine wine, and craft spirits brands, and premium wine brands continue to resonate with consumers, driving its pursuit to deliver what's next. The market has reacted to these announcements by moving the company's shares -0.2% to a price of $186.86. Check out the company's full 8-K submission here.
