Constellation Brands (STZ) Names A New Supply Chain Chief, Is The Stock Still Undervalued?

Constellation Brands (STZ) has shuffled its leadership, appointing Alex Alvarez as senior vice president and chief supply chain officer for its beer division, following the planned retirement of John Kester later this year. For investors, this leadership change arrives after a softer patch for Constellation Brands, with the share price at about $131 and recent share price returns over 7 days, 30 days and 90 days all declining, while multi year total shareholder returns have also been...