Crimson Wine Group, Ltd. Appoints Adam D. Howell as Chief Financial Officer, Effective December 12, 2023
December 04, 2023 at 04:10 pm EST
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On December 4, 2023, Crimson Wine Group, Ltd. announced the appointment of Adam D. Howell as Chief Financial Officer of the Company, effective December 12, 2023 (the Effective Date). Prior to joining the Company, Mr. Howell, age 37, held a variety of roles since 2018 at The Duckhorn Portfolio Inc., serving most recently as Senior Vice President, Finance and Accounting since December 2022. From May 2020 to December 2022, Mr. Howell?s responsibilities as Vice President, Finance included oversight of key areas including corporate finance, financial reporting, and tax.
Mr. Howell received a Bachelor of Science in Accounting from Bob Jones University. Mr. Howell is a Certified Public Accountant.
Crimson Wine Group, Ltd. owns and operates a collection of luxury wine brands from seven estate-based, boutique wineries located in the finest wine-growing regions of California, Oregon and Washington. It has two segments: Wholesale and Direct to Consumer. Wholesale segment includes sales through a third party where prices are given at a wholesale rate. Direct to Consumer segment includes retail sales in the tasting room, remote sites and on-site events, wine club net sales, direct phone sales, and other sales made directly to the consumer without the use of an intermediary. It, through its wholly owned subsidiaries, owns seven primary wine estates and brands: Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery and Malene Wines. Chamisal Vineyards owns 92 acres of vineyards in the Edna Valley, California, of which 52 acres are planted. Archery Summit owns 92 acres of estate vineyards in the Willamette Valley, Oregon.
CRIMSON WINE GROUP, LTD. 
