Ste. Michelle Wine Estates names second CEO in four months

Ste. Michelle Wine Estates has named David Richardson arsenic CEO, its 2nd main enforcement assignment successful 4 months.

Richardson succeeds David Bowman, who had been appointed CEO successful January, a period aft the Wyckoff household acquired Ste. Michelle Wine Estates’ operations successful Washington authorities from Sycamore Partners. The woody saw the private-equity steadfast support Ste. Michelle Wine Estates’ assets successful Oregon.

When the transaction was announced successful December, Bowman – past Ste. Michelle Wines Estates’ main commercialized serviceman – and Anna Mosier, the group’s CFO and main supply-chain officer, were acceptable retired arsenic the co-CEOs of the caller Washington business.

Bowman was past subsequently named CEO, with Mosier appointed president and CFO.

Bowman’s LinkedIn illustration says helium worked arsenic Ste. Michelle CEO until March and "led the company’s modulation to backstage ownership" aft 4 years nether private-equity steadfast Sycamore.

Alongside the quality of the caller CEO, long-time enforcement Dan Heller has been named main commercialized serviceman and Court Wyckoff’s enforcement president of the board.

Ste. Michelle said the appointments underscore its “long-term succession readying and its committedness to deepening enforcement seat spot portion driving show nether section ownership”.

Brands successful the Ste. Michelle Wine Estates unchangeable see Chateau Ste. Michelle, 14 Hands, Columbia Crest, Liquid Light, Estival, Ethos, Spring Valley Vineyard, and Northstar.

Sycamore Partners acquired Ste. Michelle Wine Estates from Altria Group successful 2021.

The private-equity steadfast has retained the company’s Oregon holdings A to Z, Erath and Rex Hill. Amy Prosenjak continues to pb that business.

Established successful 1950 successful Washington state, the third-generation Wyckoff household concern produces “premium” vino grapes, customized wines, and different cultivation products crossed Washington, Idaho, and Oregon, Ste. Michelle Wine Estates said successful December.

"Ste. Michelle Wine Estates names 2nd CEO successful 4 months" was primitively created and published by Just Drinks, a GlobalData owned brand.

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