Monday, June 25, 2007

CONSTELLATION’S CHIEF RICHARD SANDS

received compensation valued by the company at about $4.1 million in its 2007 fiscal year, according to its proxy statement last week.

For the year ended Feb. 28, Sands received a salary of about $1 million and a bonus of $436,348. STZ also gave him "other compensation" valued at $339,984 for the year, including a designated car and personal use of the corporate airplane.

In addition, Sands was awarded stock and options that had an estimated value of $2.3 million on the day they were granted.