STZ is trading at $152.72 (-5.93%) following the announcement of a leadership shakeup and CEO transition.
- Nicholas Fink will succeed Bill Newlands as President and CEO effective April 13, 2026, with Newlands remaining as an advisor during the transition period.
- The decline follows yesterday's close of $162.36 and aligns with broader market weakness and ongoing concerns regarding beer sales and tariff pressures.