Overview
- Founder and president Mark Leonard resigned effective immediately for health reasons, the company said.
- The board appointed Chief Operating Officer Mark Miller as president, and his other roles will remain unchanged.
- Leonard will continue to serve as a director on Constellation’s board.
- Chairman John Billowits wished Leonard a swift recovery, and Leonard expressed confidence in Miller and the executive team.
- Constellation shares were down about 8% in early Toronto trading following the announcement; the stock trades as CSU on the TSX.