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    Crimson Wine Group Ltd (CWGL)

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    Crimson Wine Group, Ltd. (CWGL) operates in the premium wine industry, producing and selling high-quality wines from vineyards located in California, Oregon, and Washington. The company generates revenue through wholesale distribution, direct-to-consumer sales, and other related activities such as event fees and non-wine retail sales. CWGL emphasizes sustainable farming practices and focuses on delivering exceptional customer experiences through its core wine brands.

    1. Wholesale Net Sales - Sells wine to third-party distributors who distribute to retailers, restaurants, and other hospitality locations across domestic and international markets.
    2. Direct-to-Consumer Net Sales - Includes retail sales through tasting rooms, wine clubs, e-commerce platforms, and other direct channels, allowing customers to purchase wines closer to retail prices.
    3. Other/Non-Allocable - Comprises bulk wine and grape sales, custom winemaking services, event fees, tasting fees, and non-wine retail merchandise.
    NamePositionExternal RolesShort Bio

    Jennifer L. Locke

    ExecutiveBoard

    CEO, Board Member

    None

    Jennifer L. Locke has been the CEO of CWGL since December 2019 and was appointed to the Board of Directors on October 30, 2024. She is known for her leadership skills and industry reputation.

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    Adam D. Howell

    Executive

    CFO

    None

    Adam D. Howell has been the CFO since December 12, 2023. He has extensive experience in corporate finance and public company operations.

    Nicolas M.E. Quillé

    Executive

    Chief Winemaking and Operations Officer

    None

    Nicolas M.E. Quillé has served as the Chief Winemaking and Operations Officer since May 2018. He has over 30 years of experience in winegrowing.

    Annette D. Alvarez-Peters

    Board

    Director

    Founder of annette a.p. Wine & Spirits Inc.

    Annette D. Alvarez-Peters has been a director since May 2021 and has a long career in the beverage alcohol industry.

    Avraham M. Neikrug

    Board

    Director

    Managing Partner of Goldenhill Ventures

    Avraham M. Neikrug has been a director since February 2013 and is involved in private investment ventures.

    Colby A. Rollins

    Board

    Director

    Managing Director and Co-CEO of Cumming Capital Management

    Colby A. Rollins has been a director since April 2018 and holds leadership roles in various companies.

    Douglas M. Carlson

    Board

    Director

    CEO of Good Idea, Inc.

    Douglas M. Carlson has been a director since March 2013 and has extensive experience in various industries.

    John D. Cumming

    Board

    Chairman of the Board

    Founder and Executive Chairman of POWDR Corp., Chairman of Snowbird Holdings LLC, Board Member of the Cumming Foundation, Chairman of Cumming Capital Management, Chairman of Cumming Trust Management, U.S. Ski & Snowboard Foundation Trustee, Founder and Chairman Emeritus of The Park City Community Foundation, Chairman Emeritus of Outside TV, Founding Shareholder of Mountain Hardwear

    John D. Cumming has been the Chairman of the Board since June 2015 and a director since February 2013.

    Joseph S. Steinberg

    Board

    Director

    Chairman of Jefferies Financial Group, Inc., Chairman of St. Ann’s Warehouse, Life Trustee of New York University, Trustee of the National Film Preserve

    Joseph S. Steinberg has been a director since February 2013 and is involved in various leadership roles outside CWGL.

    Luanne D. Tierney

    Board

    Director

    Chief Marketing Officer at Mission Cloud, Guest Lecturer at Pepperdine Graziadio School of Business

    Luanne D. Tierney has been a director since November 2018 and is active in marketing and technology sectors.

    Program DetailsProgram 1 (2023)
    Approval DateMarch 16, 2023
    End Date/DurationNot stated
    Total Additional Amount2,000,000 shares
    Remaining Authorization1,260,764 shares (as of 2024-09-30)
    DetailsShares repurchased are constructively retired

    No recent press releases or 8-K filings found for CWGL.