NEW CEO FOR CONSTELLATION EUROPE

Icon Estates, a wine company owned by Constellation, will now report to Constellation Wines U.S. and “enable us to enhance our wine business while retaining the independence and rich heritage of our fine wine company, Icon Estates…Icon Estates will also be able to take advantage of Constellation Wines U.S.'s extensive resources” said Robert Sands, Constellation’s president and chief. And although Icon Estates will remain independent, their CEO and president, Jon Moramarco, is moving across the Atlantic to Constellation Europe. Robert commented that “Jon brings a wealth of experience and knowledge to Constellation Europe as we continue to implement our international growth strategy.”