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Dear Client: The U.S. market was once again a focal point in Anheuser-Busch InBev’s earnings call yesterday, both in prepared remarks and throughout Q&A. Analysts repeatedly highlighted what one called the “terrific” turnaround underway, pressing chief Michel Doukeris on what’s driving the improvement, whether the playbook is replicable elsewhere, and how much bigger its red-hot beyond beer biz can get from here. The attention is notable for a business that, at a 30,000-foot view, didn’t exactly set the world on
Constellation Will Have a New CEO Come Mid-April: Nicholas Fink
Dear Client: In a surprise (at least to us), Constellation Brands has announced that current President and CEO Bill Newlands will be replaced by Nicholas Fink, effective April 13, 2026. Bill will “continue to serve as a strategic advisor over the next several months to help ensure a smooth transition of leadership responsibilities.” He will also retire from the company’s Board on April 13. SUCCESSION PLAN YEARS IN THE MAKING, SAYS BOARD. But apparently this has been in the works,
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