Crimson Wine Group, Ltd. Appoints Jennifer Locke as Chief Executive Officer, Effective December 2, 2019
November 07, 2019 at 06:15 pm EST
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Crimson Wine Group, Ltd. announced that Jennifer Locke has been appointed chief executive officer, effective December 2, 2019. Locke brings to Crimson more than 20 years of wine industry experience in the Pacific Northwest. Based in Napa, she most recently was senior vice president of Treasury Wine Estates (TWE), one of the world's largest wine companies, headquartered in Melbourne, Australia, and traded on the Australian Stock Exchange.
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. 
