How Constellation Brands Pays
Constellation Brands' B1 to B7 operational ladder and its Senior Director to Senior Vice President leadership tier, priced across 15 markets in five countries, with 50/50 RSU and PSU executive equity, an 85 percent ESPP, a $14.21M CEO package at 293:1 and a thin H-1B record.
Band Hierarchy
Constellation Brands publishes no band architecture, no salary schedule and no grade catalogue. The B1 to B7 ladder and the Senior Director to Senior Vice President leadership tier used here are an analytical normalization built from company job postings, employer-linked salary observations and the FY2026 filings. Only the named-executive and non-employee-director rows carry a company disclosure, and those are carried in the executive section rather than in the band table.
Operational and professional ladder — B1 through B7
Leadership ladder — Senior Director through Senior Vice President
Disclosed executive layer
Track divergence
Hierarchy qualifications and legacy structures
- Public job postings show analyst, specialist, manager, senior manager, director and vice president titles, but no official B1 to B9 architecture was found in any filing, careers page or posting. The labels here exist to make Mexican production work, United States corporate work and Australasian commercial work comparable on one page.
- A software-engineering ladder does not fit this company. Technology, enterprise-data and analytics roles exist, but breweries, wineries, agriculture, glass, supply chain, sales and marketing are the core populations, so the ladder is mapped as a functional and operational track.
- No legacy numerical band inherited from a predecessor company, no post-merger grade-harmonization programme and no disclosed equivalence to a peer's internal grades was found. Portfolio acquisitions and divestitures create local title history, which is not the same as a documented band system.
- The Mexican production population is covered by collective bargaining across roughly 20 percent of the global workforce. Where an agreement governs pay, the band model describes the market rather than the contractual scale, and the contractual scale is not public.
- The band table stops at the Senior Vice President tier. Named executives and non-employee directors are real disclosures but they are single worldwide figures rather than a local pay range in any city, so they are carried in the executive section instead of the geographic model.
Peer-level mapping
| Band | Archetype | Peer mapping | Caveat |
|---|---|---|---|
| B1 | Seasonal / hourly support | Hourly production and tasting-room grades at Brown-Forman, Molson Coors and E. & J. Gallo | Hourly rates are set site by site and, in Mexico, by collective agreement; there is no national scale to compare against.Synthesis of United States hourly, seasonal and hospitality postings; the bundle records a $33k to $55k base span. |
| B2 | Coordinator / technician / associate | Associate and coordinator grades across large beverage and consumer-packaged-goods employers | Front-line lead responsibility appears at this level in some plants and not in others, so the peer match is by task rather than title.Coordinator, technician and administrative observations; the bundle records a $50k to $80k base span. |
| B3 | Professional / analyst / specialist | Analyst and specialist grades at Molson Coors, Keurig Dr Pepper and Diageo North America | Indexed company postings place Category Analyst at $85,400 to $128,100, which straddles this band and the next.Analyst, specialist and field-sales postings plus employee-reported senior analyst pay of about $92k to $121k. |
| B4 | Senior professional / associate manager | Associate brand manager and senior analyst grades across beverage alcohol and packaged goods | Associate Brand Manager postings run $96,700 to $148,100 and employee reports $104k to $147k, so the two sources agree unusually well here.Senior analyst, account manager and associate brand manager observations; the bundle records an $85k to $135k base span. |
| B5 | Manager / lead / principal contributor | Brand manager and plant manager grades at Brown-Forman, Molson Coors and Monster Beverage | This is the first band where discretionary long-term incentive becomes possible, so two managers on the same base can be far apart on total.Manager and brand-manager employer-linked ranges of about $107k to $162k total; National Accounts Manager postings run $105,100 to $164,400. |
| B6 | Senior manager / senior principal | Senior manager and senior plant leadership grades across the beverage peer set | The Levels.fyi upper observations for this company, including a $305,520 product manager package, sit above this band and are technology-role outliers.Senior-manager observations combined with disclosed key-employee equity plan eligibility; the bundle records a $140k to $205k base span. |
| B7 | Director | Director grades at Brown-Forman, Keurig Dr Pepper and Molson Coors | Employee-reported director total compensation runs $205,000 to $303,000; the equity share of that total is modeled, not disclosed.Director employee-reported ranges plus the long-term incentive plan architecture; the bundle records a $175k to $260k base span. |
| SD | Senior Director | Senior director and general manager grades at similarly sized beverage issuers | This row takes the low end of the bundle's very wide B8 range; the company publishes nothing between director observations and named-executive pay.Lower bound of the bundle's B8 band, which spans $220k to $500k of base and $350k to $2.50m of total. |
| VP | Vice President | Vice President grades at Brown-Forman, Molson Coors and Monster Beverage | The midpoint of the B8 band. No vice-president compensation table exists; the split between cash, incentive and equity is modeled.Midpoint of the bundle's B8 band; the bundle attributes the width of that band to the gap between a functional vice president and an enterprise officer. |
| SVP | Senior Vice President / enterprise officer | Senior Vice President grades immediately below the named-executive tier at beverage peers | The top of the B8 band. The next disclosed rung is the named-executive tier, where the four non-chief-executive officers averaged $4.01 million in FY2026.Upper bound of the bundle's B8 band, bridging the vice-president observations and the disclosed named-executive tier. |
Critical evidence warning
Constellation Brands does not publish salary bands, band minimums or midpoints, a rating scale, a merit matrix, a minimum equity grade, an attrition rate or a country benefit handbook. Every non-executive figure on this page is a third-party observation or a calibrated model around one, and the Mexican, New Zealand, Australian and Italian columns rest on far thinner samples than the United States column. The Italian rows in particular come from Italy-wide wine and manufacturing benchmarks rather than from Ruffino pay data, and must not be quoted as a Constellation Brands scale. Use these numbers for orientation, not as a quote of a company pay band.
Compensation by Band — Rochester
Low / median / high annual values at 1.00× base and 1.00× total-compensation factors versus Rochester. Total equals base plus bonus plus annualized equity.
| Band | Title | Base | Variable | Total TC | Equity |
|---|---|---|---|---|---|
| B1 | Seasonal / hourly support 0–2 years · reported | $37K – $51K | 3% | $45K $38K – $52K | — |
| B2 | Coordinator / technician / associate 1–3 years · reported | $55K – $75K | 5% | $70K $60K – $81K | — |
| B3 | Professional / analyst / specialist 2–5 years · reported | $77K – $104K | 8% | $98K $83K – $113K | — |
| B4 | Senior professional / associate manager 4–7 years · reported | $94K – $127K | 11% | $125K $106K – $144K | — |
| B5 | Manager / lead / principal contributor 6–10 years · reported | $113K – $152K | 15% | $154K $131K – $177K | $2K |
| B6 | Senior manager / senior principal 9–14 years · reported | $147K – $198K | 20% | $213K $181K – $245K | $6K |
| B7 | Director 12–18 years · reported | $185K – $250K | 28% | $295K $251K – $339K | $18K |
| SD | Senior Director 15–20 years · modeled | $187K – $253K | 30% | $350K $298K – $403K | $64K |
| VP | Vice President 18–24 years · modeled | $298K – $403K | 60% | $900K $765K – $1.03M | $340K |
| SVP | Senior Vice President / enterprise officer 20+ years · modeled | $425K – $575K | 100% | $2.50M $2.13M – $2.88M | $1.50M |
Total Compensation Range by Band
Total compensation in Rochester across the employee bands. Ranges are planning envelopes around the median, not offer bands.
Global Footprint & Pay Arbitrage
Constellation Brands reported approximately 9,400 employees at 28 February 2026, about 65 percent of them in Mexico. Rochester is the pay anchor because it is the principal executive office and the market with the most usable United States observations, and every other market is calibrated against it. The onshore and offshore framing used for technology employers does not apply: the meaningful split here is corporate and commercial against production and supply chain.
Office and market catalogue — calibration factors versus Rochester
| Location | Likely office profile | Presence | Base | TC |
|---|---|---|---|---|
Rochester United States · USD | Principal executive office; corporate leadership, finance, legal and shared services | FY2026 Form 10-K principal executive office at 50 East Broad Street | 1.00× | 1.00× |
Victor / Canandaigua United States · USD | Long-standing corporate, technology and shared-function footprint in the same labour market as Rochester | Company filings, indexed job records and 42 historical H-1B sponsor approvals | 1.00× | 1.00× |
Chicago United States · USD | Commercial, category analytics, technology and senior leadership roles | Company career listings and leadership footprint | 1.08× | 1.08× |
San Francisco United States · USD | Commercial and wine-sector roles in the highest-cost United States market in the footprint | Company career listings with California pay-transparency ranges | 1.22× | 1.22× |
Napa / Sonoma United States · USD | St. Helena and Oakville winemaking, vineyards, hospitality and fine-wine sales | FY2026 Form 10-K principal properties | 1.10× | 1.10× |
Lodi United States · USD | Wine production, warehousing and distribution in California's Central Valley | FY2026 Form 10-K principal properties | 0.97× | 0.97× |
Flowery Branch United States · USD | Georgia worksite evidenced only through a single enterprise data engineering visa filing | FY2026 certified labour condition application worksite | 1.00× | 1.00× |
Nava Mexico · MXN | Largest brewery plus the Owens-Illinois glass joint venture; brewing, engineering, quality and maintenance | FY2026 Form 10-K principal properties | 0.14× | 0.15× |
Ciudad Obregón Mexico · MXN | Sonora brewery; the only Mexican site with a usable employer-specific salary sample | FY2026 Form 10-K principal properties and employer-linked salary observations | 0.14× | 0.15× |
Veracruz Mexico · MXN | Third brewery under construction; engineering, commissioning and start-up operations | FY2026 Form 10-K; production expected to begin during fiscal 2027 | 0.14× | 0.15× |
Mexico City Mexico · MXN | Commercial and corporate centre; sales, finance, human resources and country leadership | Company job records and employer-linked salary observations | 0.16× | 0.17× |
Marlborough New Zealand · NZD | Kim Crawford winery, vineyards, cellar and supply chain | FY2026 Form 10-K principal properties | 0.62× | 0.61× |
Auckland New Zealand · NZD | Commercial, marketing and support head-office functions for Australia and New Zealand | Constellation Brands New Zealand & Australia employer materials | 0.65× | 0.64× |
Sydney Australia · AUD | Barangaroo and Surry Hills commercial roles: key accounts, customer marketing and fine wine | Current Constellation Brands New Zealand & Australia vacancies; not a listed principal property | 0.86× | 0.87× |
Pontassieve / Florence Italy · EUR | Ruffino winery and vineyards; production, viticulture and regional commercial roles | FY2026 Form 10-K principal properties | 0.68× | 0.69× |
The company discloses no city-level headcount and names no largest site. Nava and Ciudad Obregón are likely among the largest concentrations because Mexico holds most of the workforce and both are major breweries, but that is an inference from the property and geography disclosures rather than a census. Mumbai, Bengaluru, Toronto, London, Singapore and Dubai appear in the source bundle only as disabled comparison placeholders with no verified employing entity, and are omitted here.
Rochester anchor medians — the basis of every modeled cell
| Band | Base | Stock | Bonus | Total |
|---|---|---|---|---|
| B1 | $44K | $0 | $1K | $45K |
| B2 | $65K | $0 | $5K | $70K |
| B3 | $90K | $0 | $8K | $98K |
| B4 | $110K | $0 | $15K | $125K |
| B5 | $133K | $2K | $20K | $154K |
| B6 | $173K | $6K | $35K | $213K |
| B7 | $218K | $18K | $60K | $295K |
- The Rochester column is the anchor. B1 through B7 medians come from employer-linked and employee-reported United States observations: manager total compensation of about $107,000 to $162,000, director total of $205,000 to $303,000, and indexed posting ranges from Category Analyst at $85,400 to $128,100 up to National Accounts Manager at $105,100 to $164,400.
- Ciudad Obregón is the only Mexican site with a usable employer-specific sample: General Helper at MX$86,000 to MX$144,000, Manufacturing Specialist at MX$283,000 to MX$380,000, Team Leader at MX$402,000 to MX$420,000, Quality Specialist at MX$406,000 to MX$439,000 and Human Resources Manager at MX$749,000 to MX$805,000. Nava and Veracruz carry the same factors because no separate sample exists for either.
- Mexico City sits about 10 percent above the brewery towns for equivalent commercial work, on Analyst observations of MX$240,000 to MX$432,000, Executive Assistant at MX$420,000 to MX$618,000, Gerente at MX$850,000 to MX$1.0 million and sparse Director observations from MX$1 million to MX$3 million.
- Mexican total compensation runs at roughly 15 percent of the Rochester anchor at the hourly band and about 50 percent at director, so the multiple narrows from around six and a half times at entry to about two times at director. That compression is why Mexico carries level-dependent factors rather than one multiplier.
- New Zealand is close to flat at roughly 61 to 65 percent of the anchor across B2 to B6, but the hourly band is the exception: a Marlborough cellar or vineyard rate converts to about 87 percent of the United States hourly anchor, because United States hourly pay in this industry is low rather than because New Zealand pay is high.
- Australia is evidenced only from B3 to B6, on a Sydney Key Account Manager indication of A$90,000 to A$120,000 and related commercial roles. No defensible Australian production or executive range was found, so those cells are model extrapolations.
Model rules
- Every modeled cell is the Rochester median multiplied by the city base or total factor and then by the 26 August 2026 foreign-exchange snapshot of MX$16.9233, NZ$1.679198, A$1.39237 and €0.857282 to the United States dollar.
- A total compensation cell is base plus target incentive plus any modeled annualized equity. Employer social-security contributions, statutory profit sharing, aguinaldo, superannuation, KiwiSaver and any other benefit loading are excluded: those are employer cost, not pay, and the source bundle's total columns were rebuilt from components so that base plus incentive plus equity reconciles.
- Mexico and Italy carry separate junior and senior factors because their gap against Rochester is strongly level-dependent, Mexico narrowing with seniority and Italy widening. Australia narrows mildly. New Zealand is treated as flat because the B2 to B6 evidence really is flat.
- United States city factors are labour-market cost adjustments applied to the same national band model, not company disclosures. Only San Francisco has an independent signal, through California pay-transparency ranges in company postings.
- Named-executive and director figures are single worldwide disclosures. They are never multiplied by a city factor and are deliberately absent from the band table.
- Cells above the top of a market's evidence, such as any Mexican, New Zealand, Australian or Italian row above director, are extrapolations of the fitted factor rather than observations, and should be read as a planning envelope.
Variable Pay & Annual Cash Incentive
The Annual Management Incentive Program is disclosed in detail for named executives and not at all for anyone else. There is no published bonus grid by level, no workforce payout history and no disclosed sales quota, commission rate or accelerator structure, so every band target below the executive tier is modeled from postings and market practice rather than quoted from a company plan.
| Band | Target | Mechanism | Recent payout |
|---|---|---|---|
B1 Seasonal / hourly support | 0–5% of base | Local or seasonal site incentives where they exist; no company-wide formula is disclosed. | Not publicly disclosed |
B2 Coordinator / technician / associate | 3–8% of base | Role or site plan; eligibility depends on country, function and any collective agreement. | Not publicly disclosed |
B3 Professional / analyst / specialist | 5–10% of base | Company, business and individual performance, or a sales goal for field roles. Weighting is not public. | Not publicly disclosed |
B4 Senior professional / associate manager | 8–15% of base | Annual target-cash plan where eligible; commercial roles may sit on a separate sales plan. | Not publicly disclosed |
B5 Manager / lead / principal contributor | 10–20% of base | Annual management incentive, role dependent. No standard manager target is published. | Not publicly disclosed |
B6 Senior manager / senior principal | 15–25% of base | Annual management incentive with business and individual modifiers on the enterprise result. | Not publicly disclosed |
B7 Director | 20–35% of base | Director-level annual incentive. Targets are not publicly standardized by function or region. | Not publicly disclosed |
SD Senior Director | 30–45% of base | Executive-style annual cash incentive on the enterprise factor with a functional modifier. | Not publicly disclosed |
VP Vice President | 45–75% of base | Executive-style annual cash incentive plus material long-term incentive eligibility. | Not publicly disclosed |
SVP Senior Vice President / enterprise officer | 75–100% of base | Annual Management Incentive Program mechanics, with the enterprise factor set by net sales, comparable operating income and free cash flow. | 54% enterprise factor for FY2026 |
Executive incentive targets — percent of salary
Named-executive outcomes
| Executive | Target | Paid | Attainment |
|---|---|---|---|
| William Newlands | $2,898,076 | $1,564,382 | 54.0% of target |
| Garth Hankinson | $849,519 | $458,571 | 54.0% of target |
| James Sabia | $831,260 | $350,127 | 42.2% of target |
| James Bourdeau | $597,041 | $322,402 | 54.0% of target; the target is implied from the payout |
| Samuel Glaetzer | $452,620 | $376,127 | 83.1% of target; the target is implied from the payout |
Employee payout timing and history
The programme is not a fixed salary supplement. The enterprise factor moved from 155 percent in FY2023 to 71.6 percent in FY2025 and 54 percent in FY2026, so an employee who joined on a target expectation would have seen roughly a third of it in the most recent year. No broader-workforce payout history is published, and the executive factor should not be read as the payout received by a brewery, winery or field-sales employee.
Sales and special incentives
No sales quota structure, commission rate, accelerator, draw arrangement, project-utilization metric, customer-satisfaction formula or deal-closure bonus is disclosed in any reviewed source. Field sales, key-account and fine-wine roles in this model carry the same modeled targets as their band peers, which will understate on-target earnings for quota-carrying sellers in both the United States and the Australia and New Zealand commercial teams.
Equity — RSUs, PSUs, Options & ESPP
Constellation Brands is a New York Stock Exchange issuer, so employee equity means restricted stock units, performance share units and employee stock purchase plan purchases. The FY2026 annual executive mix moved to 50 percent restricted stock units and 50 percent performance share units, removing options from the normal annual grant, and the purchase plan remains the only clearly broad-based stock mechanism.
- The plan data do not support a clean utilisation percentage. The disclosure mixes restricted stock units, maximum performance share units, legacy options and a newly approved reserve, and a naive ratio across those categories would be misleading, so the raw pool and outstanding figures are shown instead.
- The relevant counts at 28 February 2026 were 359,278 maximum unvested performance share units and 411,861 restricted stock units, alongside 2,774,353 securities outstanding under the equity-compensation plan table.
- Because the 6,000,000 share reserve took effect on 22 July 2026 and grants continued afterwards, the precise ungranted balance at the report date is not publicly disclosed.
- The employee stock purchase plan is the closest thing to a company-wide capacity number, and it is nearly exhausted: 977,943 shares of a 9,000,000 authorization remained at the FY2026 close.
Equity plan capacity and grant activity
Vesting — common reported employee schedule
FY2026 executive restricted stock units vest one third on each of the first three 1 May anniversaries, a three-year schedule rather than the four-year cadence common in technology. Performance share units settle on certification at the end of their performance period and can pay far from target, as the latest completed cycle did at approximately 33 percent. The annual non-employee-director award vests in a single instalment about a year after grant, on 10 July 2027 for the July 2026 grant.
Eligibility by hierarchy level
- There is no published minimum grade for a long-term award and no standard grant table at any level. The plan covers key employees, non-employee directors and consultants selected by the Human Resources Committee, which is a selection rule rather than an eligibility threshold.
- No routine grant is evidenced at B1 through B4. Eligible employees in those bands may participate in the employee stock purchase plan, which is the only stock mechanism an ordinary employee can rely on.
- Modeled scenario values published in the source bundle run from nothing to $25,000 at B5, $15,000 to $75,000 at B6, $50,000 to $250,000 at B7 and $150,000 to $2.0 million across the vice-president tier. None of these is a company disclosure and all should be treated as low confidence.
- Disclosed FY2026 target long-term incentive values run from $1.525 million for the Wine & Spirits president to $10.5 million for the chief executive, with the incoming chief executive's ongoing target set at $11.0 million.
Indicative annual grant value by band — Rochester
| Band | Annual value (USD) | Median | Shares at $135.07 |
|---|---|---|---|
| B5 | $1K – $2K | $2K | ~9–15 |
| B6 | $5K – $8K | $6K | ~33–56 |
| B7 | $13K – $22K | $18K | ~98–164 |
| SD | $48K – $80K | $64K | ~355–592 |
| VP | $255K – $425K | $340K | ~1,888–3,147 |
| SVP | $1.13M – $1.88M | $1.50M | ~8,329–13,882 |
Annualized planning value (±25%), not the face value of every new-hire grant. Share equivalents use the $135.07 reference price at 26 August 2026 and ignore plan valuation rules and PSU performance. Highlighted rows are disclosed grant-date stock awards.
Named executive target equity
| Executive | Target | Units / structure |
|---|---|---|
William Newlands Former President and Chief Executive Officer | $10.500M FY2026 target long-term incentive | 50 percent restricted stock units and 50 percent performance share units, with no options in the normal annual mix. The FY2026 stock award reported in the summary table was $10,767,749 at grant-date value. |
Nicholas Fink President and Chief Executive Officer from 13 April 2026 | $11.000M ongoing annual target | Ongoing target of $11.0 million on top of a $1.4 million salary and a 160 percent cash target, plus a separate replacement award of 85,385 restricted stock units and 415,295 non-qualified stock options vesting pro rata over three years, granted to compensate for value forfeited at his prior employer. |
Garth Hankinson Executive Vice President and Chief Financial Officer | $2.500M FY2026 target long-term incentive | 50 percent restricted stock units and 50 percent performance share units. The reported FY2026 stock award of $5,100,323 is well above target, so the grant-date value includes more than the ordinary annual award. |
James Sabia Executive Vice President and President, Beer Division | $2.250M FY2026 target long-term incentive | 50 percent restricted stock units and 50 percent performance share units; the reported FY2026 stock award was $2,307,511. |
Samuel Glaetzer Executive Vice President and President, Wine & Spirits Division | $1.525M FY2026 target long-term incentive | The smallest named-executive target, on the same 50 percent restricted stock unit and 50 percent performance share unit mix; the reported FY2026 stock award was $1,563,937. |
Executive Compensation
FY2026 Summary Compensation Table values from the 2026 proxy statement, for the fiscal year ended 28 February 2026. The stock column is grant-date fair value under accounting rules, not cash realized, and for a design that pays roughly three quarters of the package in equity the two diverge sharply.
Reading the package
Salary was about 10.2 percent of the chief executive's FY2026 reported total and stock awards about 75.8 percent, with the cash incentive contributing only 11.0 percent after paying at 54 percent of target. The economics therefore turn on performance share unit certification and the share price rather than on salary, and the latest completed performance cycle paid approximately 33 percent of target.
These totals are not cleanly comparable: fiscal calendars differ, leadership transitions create severance and replacement awards, and a single large grant-date stock value can dominate one year. On the latest available figures Constellation Brands sits below Brown-Forman at $25.30 million and Monster Beverage at $19.28 million, and above the Molson Coors transition-year result of $11.14 million and Keurig Dr Pepper at $8.22 million. On pay ratio, Brown-Forman's 439:1 and Constellation's 293:1 both reflect large low-wage production populations rather than unusually generous executive pay.
Named Executive Officers & Board
Constellation Brands changed chief executive during 2026. Nicholas Fink became President and Chief Executive Officer on 13 April 2026, succeeding William Newlands, whose FY2026 pay is the last full-year figure for the prior leadership. James Bourdeau also left the Chief Legal Officer role during the year.
Fink's ongoing target package is approximately $14.64 million: $1.4 million of salary, a 160 percent cash incentive target worth $2.24 million and an $11.0 million annual long-term incentive target. Separately he received a replacement award of 85,385 restricted stock units and 415,295 non-qualified stock options vesting pro rata over three years, compensating for value forfeited at his prior employer; it is not part of the recurring target. At the $135.07 reference price the restricted stock unit portion alone is worth roughly $11.53 million, but the option portion cannot be valued by multiplying share count by market price because option value depends on exercise price, term and volatility. Other compensation for the named executives includes retirement contributions and disclosed perquisites such as aircraft use, automobile arrangements, product allowances, executive physicals, internet reimbursement and charitable matching, with no tax gross-up disclosed.
Board compensation framework
| Element | Amount | Notes |
|---|---|---|
| Annual cash retainer | $105,000 | Standard retainer for a non-employee director. |
| Non-executive chair retainer | $200,000 | Cash retainer in place of the standard $105,000 for the non-executive chair. |
| Annual restricted stock unit award | $185,000 target | Delivered as 1,400 units on 22 July 2026, scheduled to vest on 10 July 2027; worth about $189,098 at the $135.07 reference price. |
| Audit Committee chair | $25,000 | Additional retainer, the largest committee premium. |
| Other committee chairs | $20,000 | Additional retainer for the Corporate Governance & Responsibility and Human Resources committee chairs. |
| Annual product allowance | $10,000 | A beverage-industry perquisite that also appears in employee benefit descriptions. |
| Plan cap per director | $750,000 | Maximum annual compensation payable to a single non-employee director under the 2026 plan. |
Reported FY2026 director totals ranged from approximately $298,086 to $495,883 depending on chair roles, partial-year timing and other compensation. The Sands family holds board seats and a dual-class voting structure, but director pay itself follows the standard schedule and executive pay remains subject to the Human Resources Committee and an advisory shareholder vote, which passed on 22 July 2026 by 137,687,386 votes to 7,170,493.
Regional heads and other officers
Only officers who qualify as named executives appear in the compensation tables. Senior vice presidents, functional vice presidents, country leadership in Mexico and the Australia and New Zealand commercial leadership have no disclosed compensation at all, and their pay is visible only through Section 16 filings if they are Section 16 officers. There is no disclosed executive severance policy threshold, but the 2026 plan does prohibit excise-tax gross-ups and automatic single-trigger vesting merely on a change in control.
Insider Trades — SEC Forms 3/4/5
Constellation Brands is a New York Stock Exchange issuer, so the governing record is SEC Section 16 rather than any Indian exchange filing; the Sands family's holdings are addressed through United States ownership and proxy disclosure and should not be described as a promoter group. Every reviewed July 2026 filing was an acquisition through grant or vesting, and no current open-market executive sale appeared in that set. The illustrative values below use the $135.07 reference price, not the Form 4 transaction price, which was reported as zero on each of these acquisitions.
| Date | Person | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-22 | Robert Sands Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-22 | Richard Sands Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-22 | Luca Zaramella Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-22 | Daniel McCarthy Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-22 | José Manuel Madero Garza Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-22 | Ernesto M. Hernández Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-22 | William T. Giles Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-22 | E. Morgan Flatley Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-22 | Jennifer M. Daniels Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-22 | Christy Clark Non-employee director | Award Annual director restricted stock unit grant scheduled to vest 10 July 2027. | 1,400 | — | $189K |
| 2026-07-10 | Luca Zaramella Non-employee director | Settlement Settlement of the prior annual director award; not an open-market purchase or sale. | 1,114 | — | $150K |
| 2026-07-10 | Daniel McCarthy Non-employee director | Settlement Settlement of the prior annual director award; not an open-market purchase or sale. | 1,114 | — | $150K |
| 2026-07-10 | Jennifer M. Daniels Non-employee director | Settlement Settlement of the prior annual director award; not an open-market purchase or sale. | 1,114 | — | $150K |
| 2026-07-10 | Christy Clark Non-employee director | Settlement Settlement of the prior annual director award; not an open-market purchase or sale. | 1,114 | — | $150K |
Reading guide
Benefits & Perks
Benefits are better evidenced than pay, but only in the United States. The careers FAQ describes the United States programme for eligible full-time non-union employees; everywhere else the reliable content is statutory, supplemented by whatever the Australia and New Zealand job listings mention. Union and non-United States plans differ, and no country benefit handbook is published.
United States
- Retirement — 401(k) with a company match plus a non-elective safe-harbor contribution. The company describes both a match and a safe-harbor contribution, but publishes neither the match formula nor the vesting schedule. A non-qualified savings plan exists for executives. [official]
- Health — Medical, dental and vision with health and flexible spending accounts. Telemedicine, mental-health and wellness resources are described. Carrier, employer premium share and deductibles are not published. [official]
- Protection — Life and accidental death cover with short-term and long-term disability. Coverage multiples and waiting periods are not disclosed on the public pages. [official]
- Leave — Paid time off, company holidays, summer hours and paid parental leave. Exact days by tenure and the number of paid parental weeks are not itemised. Summer hours are an unusual disclosure for a manufacturer and apply to eligible office populations. [official]
- Family — Backup care, adoption assistance and an employee assistance programme. Dollar caps and vendors are not named. [official]
- Development — Tuition reimbursement, learning programmes and mentorship. No annual reimbursement cap is published and no third-party learning platform is named. [official]
- Other — Product allowance and discount, flexible work and charitable-gift matching. The product allowance is a genuine beverage-industry benefit and appears in the director schedule at $10,000 a year; the employee limit is not published. [official]
Global programs
- Performance — Goal setting, future-focused feedback and coaching. A streamlined performance-management cycle is described. No rating scale, distribution or calendar is published. [official]
- Learning — Learning programmes, mentorship and role-based development. No universal third-party learning platform contract, sabbatical policy or formal global rotation programme is named. [official]
- Flexibility — Flexible work for eligible roles. Advertised for office populations. Brewery, winery, glass, warehouse and distribution roles are site-bound by definition, so the benefit reaches a minority of a workforce that is roughly two thirds production. [official]
- Equity — Employee stock purchase plan where eligible. Purchases at 85 percent of the lower fair market value at the start or end of an offering period, subject to plan and country rules. This is the only stock benefit evidenced below senior management. [official]
- Product — Product allowance and discount. Appears in the United States careers description and in the Australia and New Zealand job listings, and is set at $10,000 a year for non-employee directors. [official]
Benefit fields not publicly quantified
The 401(k) match formula and vesting schedule, paid parental leave weeks, paid time off days by tenure, tuition reimbursement caps, medical carrier and employee premium share, Mexican company medical, savings-fund, transport and meal schedules, New Zealand and Australian private health terms and any Italian company plan are all absent from public sources. They are recorded as not publicly disclosed rather than estimated, and none of them is loaded into the total compensation figures on this page.
Performance Review & Pay Progression
The company describes goal setting, future-focused feedback and coaching within a streamlined performance-management cycle, and discloses nothing else. There is no published rating scale, no distribution, no merit matrix and no global review calendar, so pay progression here is modeled market practice rather than company policy.
Not publicly disclosed
Modeled promotion planning timeline
| Band | Years to next scope | Promotion hike | Status |
|---|---|---|---|
| B1 | 1–3 years to B2 | Not disclosed | Modeled planning interval |
| B2 | 2–4 years to B3 | Not disclosed | Modeled planning interval |
| B3 | 2–4 years to B4 | Not disclosed | Modeled planning interval |
| B4 | 2–5 years to B5 | Not disclosed | Modeled planning interval |
| B5 | 3–5 years to B6 | Not disclosed | Modeled planning interval |
| B6 | 3–6 years to B7 | Not disclosed | Modeled planning interval |
| B7 | 3–7 years to Senior Director | Not disclosed | Modeled planning interval |
| SD | Not publicly disclosed | Not disclosed | Modeled planning interval |
| VP | Not publicly disclosed | Not disclosed | Modeled planning interval |
| SVP | Board and committee appointment | Not disclosed | Modeled planning interval |
The clearest progression signal in the public record is not a policy but an outcome: median employee compensation moved from $34,821 in FY2023 to $49,050 in FY2025 and $48,558 in FY2026, while headcount fell from about 10,700 to about 9,400. Those movements track workforce composition and a restructuring programme rather than an annual increase, so they cannot be read as a raise or a cut. On the executive side the annual review cycle is visible through the proxy, where the incentive factor fell from 155 percent in FY2023 to 54 percent in FY2026.
Pay progression evidence
Modeled progression, not company policy: B1 to B2 typically takes one to three years for a 5 to 12 percent base increase; B2 to B3 takes two to four years for 7 to 15 percent; B3 to B4 takes two to four years for 8 to 15 percent; B4 to B5 takes two to five years for 10 to 18 percent; B5 to B6 takes three to five years for 10 to 20 percent; B6 to B7 takes three to six years for 12 to 25 percent; and B7 to Senior Director takes three to seven years for 15 to 30 percent. Above that the step is a board or committee appointment with a negotiated package rather than a progression. These are general market heuristics; real movement depends on role openings, site structure, labour agreements, retention and external hiring, and in a restructuring year internal openings are scarcer than the model implies.
H-1B / LCA Visa Footprint — United States
Constellation Brands is a very small H-1B sponsor rather than a high-volume technology employer. The visa record illuminates a handful of enterprise-data and technology roles and cannot anchor the United States band structure. Labour condition application wages are proffered base salary only and exclude any incentive or equity.
Dataset summary
| Dataset | Result | Interpretation |
|---|---|---|
| MyVisaJobs sponsor profile | 5 approvals in FY2024, 4 in FY2025 and 1 observed FY2026 decision, all without denials | Approval-rate denominators are tiny and may not match labour condition application counts; a certified application is not an approved petition. |
| WARNTracker FY2026 extract | One FY2026 labour condition application at $141,898 | Senior Enterprise Data Warehouse Engineer, Flowery Branch, Georgia; the only FY2026 title and location located. |
| H1BData.info employer search | Individual salary rows including $81,000, $95,172, $141,898 and $148,473 | These rows appear under different fiscal-year and status groupings across sources, which is why no single median is asserted. |
| H1BGrader and Ellis profiles | Different record groupings for the same underlying filings | One source showed three FY2025 salary rows while another summarised two applications, most likely reflecting fiscal-year definitions, amended filings or different filters. |
| MyVisaJobs historical worksite counts | 42 historical approvals attributed to Victor, New York | A count without a comparable current wage distribution, so it cannot be turned into a city median. |
City-level H-1B wage history
| City | P25 | Median | P75 | Records |
|---|---|---|---|---|
Flowery Branch, Georgia FY2026 Senior Enterprise Data Warehouse Engineer. A one-record distribution, so the quartiles are the single observation repeated. | $142K | $141,898 | $142K | 1 |
Rochester, New York Interpolated from only two observed salary points, $81,000 and $95,172, across FY2025 and FY2026. Not statistically robust. | $85K | $88,086 | $92K | 2 |
All-years aggregates. P25/P75 are rounded reconstruction values marked modeled; medians and record counts are the stronger fields.
Selected title / worksite records
| Title | Worksite | Proffered wage | Notes |
|---|---|---|---|
| Senior Enterprise Data Warehouse Engineer | Flowery Branch, Georgia | $141,898 proffered base | The single FY2026 filing located and the highest observed wage in the record set. |
| Rochester technology roles | Rochester, New York | $81,000 and $95,172 proffered base | The two observed Rochester salary points; the $88,086 median shown above is their midpoint rather than a published statistic. |
| Unattributed higher-wage row | Not identified in the extracts | $148,473 proffered base | Appears in one aggregator without a clear worksite or year grouping, so it is recorded but not assigned to a city. |
| Victor, New York historical footprint | Victor, New York | Not available | 42 historical sponsor approvals with no extractable current wage distribution, so no city row is shown. |
Reading the data correctly
- Labour condition application wages are proffered base salary. They exclude any incentive payment and any equity, which for this company means they understate a senior corporate package but overstate almost nothing.
- A labour condition application is a filing, not a hire. Certified applications exceed petitions and petitions exceed actual employees, and with single-digit annual volumes that gap matters proportionally more than it would for a large sponsor.
- The aggregators disagree on how many records exist for a given year because they apply different fiscal-year definitions, duplicate and amended filing handling and status filters. This report preserves the source-specific observations rather than forcing a single false-precision median.
- With one to five decisions a year, an approval rate of 100 percent carries almost no statistical information and should not be read as an indication of future sponsorship.
- These wages describe technology and enterprise-data roles at United States corporate sites. They say nothing about brewery, winery, supply-chain or commercial pay, which is where the great majority of the workforce sits.
Key Nuances & Insights
About 65 percent of employees are in Mexico and about 29 percent in the United States, but essentially all detailed pay disclosure covers United States-filed executives. Any average built from public data will overrepresent senior United States corporate roles, and any Mexican figure on this page rests on a single city's salary sample.
The $48,558 median employee is low because two thirds of the workforce is Mexican brewery, glass and logistics work, not because United States pay is unusual. Brown-Forman's 439:1 has the same cause. Comparing this ratio with a technology company's is comparing workforce composition, not pay philosophy.
No routine long-term award is evidenced below senior management and no minimum grade is published. The employee stock purchase plan buys at 85 percent of the lower of the offering-start and offering-end price, but only 977,943 of its 9,000,000 authorized shares remained at 28 February 2026, so its capacity is a live question rather than a formality.
The latest completed cycle disclosed settled at approximately 33 percent of target. Half of every annual executive grant now takes that risk, which means a proxy stock award figure and the value an executive actually receives can differ by a factor of three.
The enterprise factor was 155 percent in FY2023, 71.6 percent in FY2025 and 54 percent in FY2026. Anyone modelling a package on target incentive should assume that variability, and the division modifier can push individual outcomes further, as it did to 42.2 percent for one division president and 83.1 percent for the other in the same year.
Outstanding legacy options carry a weighted-average exercise price of $214.93 against a $135.07 reference share price on 26 August 2026. That is a 37 percent gap, and it is the practical reason no material recent option exercise appears in the filings, whatever the stated reason for removing options from the annual mix.
The normal annual grant became 50 percent restricted stock units and 50 percent performance share units with a zero percent option share. The exception is the incoming chief executive's replacement award, which contains 415,295 non-qualified stock options because it is replacing forfeited option value at his prior employer, not setting a new design.
New Zealand pay runs at roughly 61 percent of the Rochester anchor across the professional bands, but a Marlborough cellar or vineyard rate converts to about 87 percent of the United States hourly anchor. The unusual figure is the United States one: hourly beverage production pay is low relative to a country with a high statutory floor. This report treats New Zealand as flat rather than modelling that step as a slope.
Aguinaldo of at least 15 days of wages, a vacation premium of at least 25 percent and statutory PTU profit sharing are legal entitlements, not incentive plans. A Mexican package compared purely on base and bonus against a United States package will understate what a brewery employee actually receives, and none of it is included in the modeled totals here.
Current Sydney vacancies verify a key-account, customer-marketing and fine-wine workforce even though the official operating-country description names only the United States, Mexico, New Zealand and Italy. There is no defensible Australian production band and no local executive range, so the Australian column above director is extrapolation.
The Tuscany footprint at Ruffino is verified but employer-specific salary observations were insufficient, so the Italian column uses Italy-wide manager, wine and manufacturing benchmarks. It answers what Italian employers pay, not what this company pays, and should never be quoted as a Ruffino scale.
No current Indian office, facility or material employee population was verified, and the same applies to Toronto, London, Singapore and Dubai. The source bundle carried them as disabled comparison placeholders; they are omitted here rather than filled with generic country-market figures, because generic figures would describe unrelated employers.
The ongoing target of roughly $14.64 million is salary, a 160 percent cash target and an $11.0 million long-term incentive. The replacement award of 85,385 restricted stock units and 415,295 options is separate, one-time and compensates for value forfeited elsewhere. Adding them produces a number that will never recur, and the option half of it cannot be valued by multiplying share count by market price.
Headcount fell about 11 percent in FY2026 while a programme targeting more than $200 million of annualized savings by fiscal 2028 was under way, with $121.9 million of cumulative restructuring cost recorded. Median employee pay, title mix and internal promotion opportunity are all disturbed in that state, so a one-year movement in any of them should not be read as compensation policy.
Research control
On chief executive pay Constellation Brands sits in the middle of its beverage peer set: below Brown-Forman at $25.30 million and Monster Beverage at $19.28 million, above the Molson Coors transition-year figure of $11.14 million and Keurig Dr Pepper at $8.22 million. On the employee side the useful comparison is not with those proxies but with the modeled cross-border multiples: taking the manager band as the reference, the United States anchor of $132,500 base compares with about $102,300 in Australia, $80,400 in New Zealand, $63,000 in Italy and $50,200 in Mexico. Those are directional multipliers built on title matching of uneven quality, and labour law, employer taxes, working hours and job family all differ underneath them.
Evidence classification
| Label | Meaning | Examples and permitted use |
|---|---|---|
| Verified | A Constellation Brands filing, the company careers page, a plan document or a government rule. | Executive and director pay, the pay ratio, equity plan terms and pools, headcount and geography, statutory benefits and foreign-exchange rates. |
| Reported | A named third-party dataset or an employer-linked posting with observable records, chiefly Glassdoor, Levels.fyi, SEEK, indexed company postings and the visa aggregators. | The Rochester anchor medians, the Ciudad Obregón and Mexico City observations, the New Zealand and Sydney indications and the H-1B wage rows. |
| Modeled | The Rochester anchor multiplied by a city calibration factor and the foreign-exchange snapshot, inside a planning envelope. | Every city and band without a direct observation, including the Senior Director, Vice President and Senior Vice President rows and every Italian cell. |
| Not publicly disclosed | No source in the research bundle supports a figure. | Recorded as such rather than estimated, including the whole performance and merit apparatus. |
Explicit “Not publicly disclosed” index
Known gaps and diligence before relying on a cell
- 1Named-executive and non-employee-director pay is deliberately absent from the band table. Those are single worldwide filing figures that are identical in every city, so including them would force every location factor towards 1.0 at the top of the ladder and produce absurd cells such as a Mexican brewery officer priced on a United States chief executive base. The band table therefore stops at the Senior Vice President tier and the executive tier is carried in full in the executive section instead.
- 2The source bundle's total-compensation columns describe modeled recurring cash plus typical variable pay. Every total on this page was rebuilt from base plus target incentive plus modeled equity so that the components reconcile, and no employer benefit load, social-security contribution, aguinaldo, superannuation or KiwiSaver amount is included. Those are employer cost, not pay.
- 3The bundle's B8 band spans $220,000 to $500,000 of base and $350,000 to $2.50 million of total, which is too wide to be one row. It is split here into Senior Director at the low end, Vice President at the midpoint and Senior Vice President at the high end, following the bundle's own explanation that the width reflects the gap between a functional vice president and an enterprise officer. The split is an interpretation, not a disclosure.
- 4Mexican pay above the director band is not disclosed at all, and neither is New Zealand above senior manager, Australia outside the professional and management bands or Italy above senior manager. The factors for those cells are linear extrapolations of the fitted trend and are the least reliable numbers on the page.
- 5New Zealand is modelled with a single flat factor even though the hourly band sits at roughly 87 percent of the United States anchor against about 61 percent for the professional bands. Fitting a slope through that one point would have distorted the bands where the evidence is strongest, so the step is described in the nuances instead.
- 6United States city factors for Chicago, San Francisco, Napa and Sonoma, Lodi and Flowery Branch are labour-market cost adjustments applied to a national band model. The company publishes no city pay data and only San Francisco carries an independent signal through California pay-transparency ranges.
- 7FY2024 figures are missing in several places. The bundle could not reliably extract the FY2024 enterprise incentive payout, the FY2024 chief executive total or the FY2024 median employee, and those are left blank rather than interpolated.
- 8Two incentive targets are not separately disclosed in the extracted proxy content. The targets shown for James Bourdeau and Samuel Glaetzer are derived by dividing the disclosed payout by the disclosed attainment percentage, and are labelled as implied wherever they appear.
- 9The equity plan disclosure mixes restricted stock units, maximum performance share units, legacy options and a newly approved reserve, so no comparable utilisation percentage can be calculated. Raw pool and outstanding figures are shown instead of a ratio that would look precise and mean nothing.
- 10Six locations in the source bundle, Mumbai, Bengaluru, Toronto, London, Singapore and Dubai, were selector placeholders with no verified employing entity. They are dropped here rather than shown as empty or filled with country-market figures.
- 11No company-wide FY2026 or FY2027 salary increase percentage, pay freeze, salary cut, campus offer revision or attrition rate was located in any source, and site-level totals for restructuring-related job losses were not consistently disclosed.
FX rates used — 1 USD equals, snapshot 2026-08-26
Single-date conversion layer for comparability; it ignores payroll-date FX, tax, purchasing power, benefits valuation and hedging. Compensation intelligence, not legal, tax, investment, immigration or employment advice.
Source register — 22 sources
| 10-K FY2026 | Constellation Brands Annual Report on Form 10-K for the year ended 28 February 2026 · United States Securities and Exchange Commission · 2026-08-26. Headcount, employee geography chart, net sales, principal properties, restructuring costs, equity-plan totals and the employee stock purchase plan balance. |
| DEF 14A 2026 | Constellation Brands 2026 Proxy Statement · United States Securities and Exchange Commission · 2026-06-03. Named-executive pay, incentive targets and outcomes, restricted stock unit and performance share unit design, director compensation, the pay ratio and the 2026 plan restatement. |
| DEF 14A 2025 | Constellation Brands 2025 Proxy Statement · United States Securities and Exchange Commission · 2025-05-29. FY2025 incentive result of 71.6 percent, the $15,006,800 chief executive total and the prior 306:1 pay ratio. |
| 8-K Jan 2026 | Chief executive employment agreement and related Form 8-K · United States Securities and Exchange Commission · 2026-01-31. Nicholas Fink's salary, 160 percent incentive target, $11.0 million long-term incentive target and the replacement award of 85,385 units and 415,295 options. |
| Forms 4 Jul 2026 | July 2026 Section 16 filings and the annual-meeting Form 8-K · United States Securities and Exchange Commission · 2026-07-24. Ten director restricted stock unit grants of 1,400 units, four settlements of 1,114 units and the say-on-pay vote result. |
| 2026 LTSIP | Amended and Restated 2017 Long-Term Stock Incentive Plan · Constellation Brands, Inc. · 2026-07-22. The 6,000,000 share reserve, the 2036 expiry, anti-repricing and recycling rules, change-in-control terms and the $750,000 director cap. |
| Careers FAQ | Constellation Brands careers frequently asked questions and policies · Constellation Brands, Inc. · 2026-08-26. United States benefits, learning programmes and the description of the performance-management cycle. |
| Investor relations | Constellation Brands investor relations and press releases · Constellation Brands, Inc. · 2026-08-26. The April 2025 organization review, the savings target and the August 2026 farmer investment announcement. |
| Glassdoor US | Glassdoor Constellation Brands United States salary pages · Glassdoor · 2026-08-26. Manager, director, associate brand manager and senior analyst total-compensation observations. |
| Glassdoor MX | Glassdoor Constellation Brands Ciudad Obregón employer salary page · Glassdoor · 2026-08-26. General helper, manufacturing specialist, team leader, technologist, quality specialist, warehouse advisor and human resources manager observations. |
| Levels.fyi | Levels.fyi Constellation Brands records · Levels.fyi · 2026-08-26. United States total-compensation observations from about $65,325 for a business analyst to $305,520 for a product manager. |
| Job postings | Constellation Brands careers listings and indexed job postings · Constellation Brands, Inc. and job aggregators · 2026-08-26. Pay-transparency ranges for category analyst, associate brand manager, market development manager and national accounts manager, and location verification. |
| SEEK NZ | SEEK Constellation Brands New Zealand salary estimates · SEEK · 2026-08-26. The employer-linked New Zealand brand manager estimate of NZ$75,000 to NZ$95,000. |
| Sydney listing | Constellation Brands New Zealand and Australia key account manager listing · Job aggregator · 2026-08-26. The A$90,000 to A$120,000 Sydney indication plus flexible work, product allowance and birthday leave benefits. |
| Italy market | Italian manager, wine-sector and manufacturing salary benchmarks · Third-party salary sources · 2026-08-26. The Italian column, which is a market benchmark and not employer-specific. |
| H-1B extracts | H1BData.info, WARNTracker, MyVisaJobs and Ellis sponsor extracts · Third-party Department of Labor aggregators · 2026-08-26. Labour condition application wage rows, worksite and title identification, and annual approval and denial counts. |
| Mexico statutory | PROFEDET guidance on Mexican labour rights · Government of Mexico · 2026-08-26. Aguinaldo, vacation and vacation premium, social security and profit-sharing entitlements. |
| ANZ statutory | Fair Work Ombudsman, Australian Taxation Office, New Zealand Employment and Inland Revenue guidance · Australian and New Zealand governments · 2026-08-26. The 12 percent superannuation guarantee, National Employment Standards leave, New Zealand annual and sick leave and the 3.5 percent KiwiSaver minimum from April 2026. |
| Italy statutory | European Commission guidance on social-security rights in Italy · European Commission · 2026-08-26. Italian social-insurance, leave and family-benefit framework. |
| FX snapshot | Reserve Bank of Australia exchange-rate table and market closes · Reserve Bank of Australia and market data providers · 2026-08-26. Every local currency conversion on this page. |
| Peer proxies | Brown-Forman, Monster Beverage, Molson Coors and Keurig Dr Pepper proxy statements · United States Securities and Exchange Commission · 2026-08-26. Peer chief executive compensation comparison. |
| Share price | STZ market data · Market data provider · 2026-08-26. The $135.07 reference price used for illustrative current-value calculations only. |
Recent News & Workforce Trend
The compensation story of 2026 is a chief executive transition layered on top of a restructuring programme. No company-wide salary action was announced in any reviewed source, and the events that matter for pay are the leadership change, the plan restatement and the continuing headcount decline.
The FY2026 decline coincided with portfolio changes and the organization review announced in April 2025, and it is large enough to move every workforce-derived statistic on this page. Because the disclosed count includes approximately 1,100 employees of the equally owned Owens-Illinois glass joint venture, the wholly owned workforce is smaller than 9,400. No country or city counts are published, so the 65 percent Mexico, 29 percent United States and 6 percent other split is the only geographic signal available.
A multi-year commitment to United States farmers. It is operational investment in the supply base rather than a compensation action, and carries no workforce pay implication.
A 6,000,000 share reserve for post-approval awards, a 2036 expiry, prohibitions on repricing and discounted options, restrictions on share recycling, no automatic single-trigger vesting and a $750,000 annual cap per non-employee director.
137,687,386 votes for and 7,170,493 against the FY2026 named-executive compensation programme, an approval of roughly 95 percent of votes cast on the proposal.
The annual director award against a $185,000 target value, scheduled to vest on 10 July 2027 and worth about $189,098 each at the $135.07 reference price.
Chief executive total compensation of $14,209,126 against a $48,558 median employee, a ratio of 293 to 1, with an enterprise incentive factor of about 54 percent and a 50 percent restricted stock unit and 50 percent performance share unit annual equity mix.
An ongoing target package of roughly $14.64 million made up of $1.4 million of salary, a 160 percent cash target and an $11.0 million long-term incentive target, plus a separate replacement award of 85,385 restricted stock units and 415,295 options vesting pro rata over three years.
Headcount fell from roughly 10,600 a year earlier, including approximately 1,100 joint-venture employees in the current count, and FY2026 restructuring-related cost was $72.2 million against $121.9 million cumulatively.
A $15,006,800 chief executive total against a $49,050 median employee, alongside an enterprise incentive factor of 71.6 percent for the year.
A programme targeting more than $200 million of annualized savings by fiscal 2028. No company-wide salary cut or freeze was disclosed, but headcount and organizational layers were both directly in scope.