---
schema_version: "secwatch.filing_event.v1"
accession: "0001562151-23-000040"
form_type: "8-K"
ticker: "CWGL"
cik: "0001562151"
company_name: "Crimson Wine Group, Ltd"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:35:22.455309+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Crimson Wine Group CFO resigns; Kimberly Benson named interim CFO

## Summary
- CFO Karen Diepholz resigned effective July 19, 2023.
- Kimberly Benson, VP of Finance since March 2019, appointed interim CFO.
- Benson previously VP of Finance at Vintage Wine Estates; holds MBA in Wine Business.
- Interim CFO base salary $250,000; additional $35,000 bonus for 2023.
- Severance of 3 months salary if separated within 12 months of new CFO appointment.

## SEC filing metadata
- accession: 0001562151-23-000040
- form_type: 8-K
- ticker: CWGL
- cik: 0001562151
- company_name: Crimson Wine Group, Ltd
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562151/000156215123000040/0001562151-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562151/000156215123000040/cwgl-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562151-23-000040
- JSON: https://secwatch.observer/filing/0001562151-23-000040.json
- Plain text: https://secwatch.observer/filing/0001562151-23-000040.txt

## Key facts
- Executive change
  Kimberly Benson was appointed as Chief Financial Officer at Crimson Wine Group, Ltd.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Board of Directors of the Company (the “Board”) appointed Kimberly Benson as interim Chief Financial Officer and interim principal accounting officer of the Company, effective as of July 19, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562151/000156215123000040/0001562151-23-000040-index.htm
- Executive change
  Karen Diepholz resigned as Chief Financial Officer at Crimson Wine Group, Ltd.
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Karen Diepholz, the Company’s Chief Financial Officer and principal accounting officer, resigned from her position with the Company on July 19, 2023, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562151/000156215123000040/0001562151-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.