Constellation Brands Elects Frederic Cumenal of Tiffany & Co
Constellation Brands Elects Frederic Cumenal of Tiffany & Co. to its Board of Directors
VICTOR, N.Y., July 22, 2016 – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that its board of directors increased the size of the board from 10 to 11 members. In addition, the board elected Frederic Cumenal, chief executive officer of Tiffany & Co., to serve as a member of the board, effective as of the close of business on July 20, 2016.
“We’re pleased to welcome Frederic to the board of directors,” said Constellation’s Chairman of the Board, Richard Sands. “We believe his keen understanding of branding and his relevant experience in the wine and spirits business will continue to strengthen our board and further Constellation Brands’ leadership in total beverage alcohol.”
Since April 2015, Cumenal has served as chief executive officer of Tiffany & Co., a fine jewelry and luxury item company. Prior to his current appointment, he served as president from September 2013 through March 2015. Prior to his appointment as president, he was an executive vice president, with responsibility for the sales and distribution of Tiffany & Co. products globally.
Before working at Tiffany & Co., Cumenal spent 15 years in senior leadership positions in LVMH Group's wine and spirits businesses, most recently as President and CEO of Moët & Chandon, S.A. Previously, he served as president of Domaine Chandon and was managing director of Moet Hennessy Europe.
ENDS