Constellation Brands' Executive Vice President and Chief Financial Officer is stepping down after an upcoming financial filing.
Bob Ryder says he is leaving with mixed emotions, but says he feels now is the time he can fully commit himself to seek new challenges and explore external opportunities. Ryder has been with the company since 2007.
Ryder calls Constellation a "terrific company" and he says it's in great shape. The company says his departure is an amicable one and is unrelated to the company's financial performance or financial reporting.
David Klein has been promoted to Executive Vice President and Chief Financial Officer. Klein joined Constellation in 2004.
CEO Rob Sands calls Ryder a "key contributor to many of Constellation's most important achievements." He also called Klein a dynamic and effective leader with strong financial and strategic capability.
