Crimson Wine Group appoints Adam D. Howell as CFO effective December 12, 2023

Crimson Wine Group, Ltd

Adam Howell named CFO, previously SVP Finance & Accounting at Duckhorn Portfolio; CPA.
Base salary $315,000, target annual bonus of 40% of base salary.
Eligible for stub-year cash bonus up to $50,000 tied to year-end close and Q1 2024 close.
One-time grant of 115,000 non-qualified stock options with time- and performance-based vesting.
Severance of 12 months base salary if terminated without cause or for good reason (subject to release).

item 5.02 item 7.01 item 9.01

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Appointed

Adam D. Howell

Chief Financial Officer

CWGL · Crimson Wine Group, Ltd

Effective: 2023-12-12
Filed: December 4, 2023, 6:59 PM ET

On December 4, 2023, Crimson Wine Group, Ltd. (the “Company”) announced the appointment of Adam D. Howell as Chief Financial Officer and principal accounting officer of the Company, effective December 12, 2023 (the “Effective Date”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Adam D. Howell was appointed as Chief Financial Officer at Crimson Wine Group, Ltd.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On December 4, 2023, Crimson Wine Group, Ltd. (the “Company”) announced the appointment of Adam D. Howell as Chief Financial Officer and principal accounting officer of the Company, effective December 12, 2023 (the “Effective Date”).

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Crimson Wine Group, Ltd filing history →

Source: SEC EDGAR

accession 0001562151-23-000077

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