STZ’s Bruce Jacobson to Become COO of PRESS; Bill Renspie Now STZ Beer CCO

Dear Client:  This morning we awoke to news of some key moves at Constellation Beer. Bruce Jacobson, the company's longtime Chief Commercial Officer, is moving on to become Chief Operating Officer at PRESS seltzer, which you may recall Constellation took a minority stake in earlier this year [see BBD 01-30-2020]. (So we wouldn't be shocked if that minority stake were to increase in the future.) Bruce's new appointment is effective May 2.  Who will take Bruce's place? His are big