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Total compensation for Constellation CEO exceeds $8M in 2013

Rochester Business Journal
June 14, 2013

Constellation Brands Inc.’s president and CEO saw a slight drop in his base salary in fiscal 2013 over fiscal 2012.

Robert Sands earned a base salary of $1.19 million in fiscal 2013, down from $1.20 million the previous year. Including other pay, such as stock awards and non-incentive equity plan compensation, Sands total compensation in fiscal 2013 was up to $8.01 million, from $7.71 million the prior year, filings with the Securities & Exchange Commission show.

Salaries of top executives at Victor-based Constellation Brands were included in a filing for the company’s annual meeting, which will be held at 11 a.m. Wednesday, July 24 at the Callahan Theater at the Nazareth College Arts Center.

Constellation Brands’ fiscal 2013 year ended Feb. 28.

Pay for other executives are below:

  • Richard Sands, chairman of the board: base salary of $1.16 million, down from $1.18 million the previous year. Including other compensation, total compensation was $6.36 million, down from $6.69 million in fiscal 2012;
  • Robert Ryder, executive vice president and chief financial officer: base salary for fiscal $582,442, down from $589,725 a year prior. Including other compensation, total compensation was $2.66 million, up from $2.57 million in fiscal 2012;
  • John Wright, executive vice president and chief operating officer: base salary of $578,962 in fiscal 2013, up from $570,702 in fiscal 2012. Including other compensation, total compensation was $2.66 million, up from $2.40 million in fiscal 2012;
  • Keith Wilson, executive vice president and chief human resources and administrative officer: base salary of $531,600 in fiscal 2013, down from $538,247 in fiscal 2012. Including other compensation, total compensation was $2.43 million up from $2.34 million the prior year.

 (c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


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