Willamette Valley Vineyards amends bylaws to separate President and CEO roles

WILLAMETTE VALLEY VINEYARDS INC

Board approved Amended and Restated Bylaws on May 27, 2024, separating President and CEO roles.
Prior bylaws required President to serve as CEO; new bylaws allow President may, but need not, be CEO.
Board may appoint a separate CEO and prescribe duties for each role by resolution.
No immediate change in officer positions announced; effective date not separately disclosed.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

WILLAMETTE VALLEY VINEYARDS INC: Separated the roles of President and Chief Executive Officer; President may but need not be CEO (effective 2024-05-27).

Change: bylaw amendment
Effective: 2024-05-27

Exact text from the filing

the board of directors (the “Board”) of Willamette Valley Vineyards, Inc. (the “Company”) approved the Company’s Amended and Restated Bylaws. The Amended and Restated Bylaws were amended to separate the role of President and Chief Executive Officer of the Company.

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Source: SEC EDGAR

accession 0001199835-25-000171

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