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Willamette Valley Vineyards ( (WVVI) ) has shared an announcement.
Willamette Valley Vineyards is separating the roles of President and CEO, with founder Jim Bernau remaining as President and Board Chair after a new CEO is appointed. This leadership change is part of Bernau’s succession plan to enhance the company’s market presence and adapt to the rapidly evolving wine industry, aiming to strengthen the brand’s reach and establish new markets globally.
More about Willamette Valley Vineyards
Willamette Valley Vineyards, founded in 1983, is a prominent winery specializing in Pinot Noir and other wines, recognized for its sustainable practices and certified vineyards. With over 1,000 acres and 10 tasting rooms across Oregon, Washington, and California, it has become one of America’s leading Pinot Noir producers, supported by a large base of wine enthusiast owners and club members.
YTD Price Performance: -1.03%
Average Trading Volume: 6,529
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.73M
For a thorough assessment of WVVI stock, go to TipRanks’ Stock Analysis page.