Crimson Wine Group, Ltd. Appoints Annette Alvarez-Peters as Director
May 06, 2021 at 10:24 am EDT
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Crimson Wine Group, Ltd. announced that Annette Alvarez-Peters has been appointed to the company’s board of directors, succeeding Craig Williams, who is retiring from the Crimson board, effective immediately. Alvarez-Peters brings to Crimson extensive managerial and merchandising experience in the wine and spirits business. She is the founder of annette a.p. Wine & Spirit Inc. Alvarez-Peters previously held a 37-year career with Costco Wholesale, including 25 years in the Beverage Alcohol Department, retiring as Assistant Vice President and General Merchandise Manager.
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. 