Quaint Wine Estates Names Ryan Watson as Chief Marketing Officer

-quaint Wine Estates,Inc.( Nasdaq VWE and VWEWW)( “ VWE ” or the “ Company ”), one of the top wine directors in theU.S., moment blazoned the appointment of Ryan Watson as Chief Marketing Officer( “ CMO ”).Mr. Watson joins VWE with nearly 20 times ’ experience in global, data- driven, consumer- acquainted marketing and transformational strategies in both B2B and B2C verticals across a variety of diligence. He’ll begin his duties on January 16, 2024.

As VWE’s CMO,Mr. Watson will lead the trouble to drive consumer- and demand- centric thinking across the enterprise with liabilities for perceptivity, data & analytics, brands, invention and portfolio operation, DTC and digital strategy as well as design, public relations and dispatches.

Seth Kaufman, President and Chief Executive Officer, reflected, “ We’re thrilled to drink Ryan to our administrative platoon to lead our sweats in creating a consumer- concentrated enterprise that can deliver sustainable growth. We anticipate him to be a significant contributor as we measurably simplify the business and our business model. Ryan’s significant knowledge in data driven analysis will help to develop capability within the business for deeper understanding of request dynamics, consumer geste
and arising trends. We believe this will prove precious as we draft a consumer- centric portfolio strategy predicated in applicable and desirable brands that produce a righteous cycle across physical retail, on- premise, eBusiness and on- point visit to optimize the cost and impact of client accession. We’re making progress with our Five- Point Plan as we look to reduce costs and monetize means to pay down debt, while coincidently developing a robust strategy that reimagines the future for VWE to produce long- term
shareholder value. ”

Watson joins VWE from Boston Consulting Group( “ BCG ”) where he was a Partner concentrated on digital, growth and marketing motifs in a range of consumer diligence. A core area of focus was the commercialization of an intertwined marketing dimension and activation immolation using advanced analytics and AI. Prior to BCG,Mr. Watson had a unique career path gauging Amazon, Kraft Heinz, Tesco, and two high- growth consumer companies. During his rapid-fire ascent in grueling and decreasingly elderly places,Mr. Watson established a track record of delivering growth, adding request share, and driving profitability while erecting high- performing, client- centric associations.Mr. Watson began his career at Goldman Sachs &Co., where he advanced from Critic to Vice President, and latterly first joined BCG before in his career. He earned hisB.A. in Economics at Princeton University and is a CFA charterholder.
quaint Wine Estates( Nasdaq VWE and VWEWW) is a family of wineries and wines whose singular focus is producing the stylish quality wines and inconceivable client gests with wineries throughout Napa, Sonoma, California’s Central Coast, Oregon, and Washington State. Since its founding 20 times agone
, the Company has grown to be the 14th largest wine patron in theU.S., dealing further than2.2 million nine- liter original cases annually. With roughly 40 brands, crucial focus brands include ACE Cider, Bar Dog,B.R. Cohn, Cameron Hughes, Cherry Pie, Firesteed, and Kunde, numerous of which have achieved critical sun. To constantly drive growth, the Company curates, creates, servants, and markets its numerous brands and services to guests and end consumers via a balanced omni- channel strategy encompassing direct- to- consumer, noncommercial, and private marker and custom wine making services. While VWE is different across price points and varietals with brands ranging from$ 10 to$ 150 USD at retail, its primary focus is on the fastest growing luxury member of theU.S. wine assiduity with the maturity of brands dealing in the range of$ 10 to$ 20 per bottle. The Company regularly posts updates and fresh information

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