Andrew Peller Limited Announces Change in Executive Officers
May 10 2023 - 9:51AM
Andrew Peller Limited ADW.A/ADW.B (“APL” or the “Company”)
announced today that Mr. Brendan Wall, Executive Vice-President
Operations has resigned from the Company effective May 26, 2023.
Mr. Wall has accepted the role of CEO with a national health and
wellness food and beverage company. With this departure, the
Company is pleased to announce that Craig McDonald, Vice-President,
Winemaking and Integrated Supply Chain, has accepted the position
of Executive Vice-President, Operations.
The Company also announced today that Mr. James
Cole, Executive Vice-President, Business to Consumer is leaving the
Company effective May 31, 2023. Patrick O’Brien, Chief Commercial
Officer, will assume the responsibilities of The Wine Shop while
Jose Salgado, Executive Vice President, Corporate Planning and
Development (VQA & DTC) will assume responsibilities for the
Estate Wine Group.
“We want to thank Brendan and Jim for their
valuable contributions and wish them well in their future
opportunities. We are excited for the leadership Craig will bring
to Operations given his long tenure at APL and his strong industry
knowledge and credentials. Additionally, Patrick and Jose’s
leadership of The Wine Shop and the Estate Wine Group is a natural
extension their current responsibilities,” commented John Peller,
President and Chief Executive Officer.
About Andrew Peller Limited
Andrew Peller Limited is one of Canada’s leading producers and
marketers of quality wines and craft spirits. The Company’s
award‐winning premium and ultra‐premium Vintners’ Quality Alliance
(“VQA”) brands include Peller Estates, Trius, Thirty Bench, Wayne
Gretzky, Sandhill, Red Rooster, Black Hills Estate, Tinhorn Creek,
Gray Monk Estates, Raven Conspiracy and Conviction. Complementing
these premium brands are a number of popularly priced varietal
offerings, wine based liqueurs, craft ciders, beer and craft
spirits. The Company owns and operates 101 well‐positioned
independent retail locations in Ontario under The Wine Shop, Wine
Country Vintners, and Wine Country Merchants store names. The
Company also operates Andrew Peller Import Agency and The Small
Winemaker’s Collection Inc., importers and marketing agents of
premium wines from around the world. With a focus on serving the
needs of all wine consumers, the Company produces and markets
premium personal winemaking products through its wholly‐owned
subsidiary, Global Vintners Inc. (“GVI”), the recognized leader in
personal winemaking products. More information about the Company
can be found at www.andrewpeller.com.
Forward-Looking Statements
Certain statements in this news release may contain
“forward‐looking statements” within the meaning of applicable
securities laws, including the “safe harbour provision” of the
Securities Act (Ontario) with respect to Andrew Peller Limited and
its subsidiaries. These forward‐looking statements are subject to
the risks and uncertainties discussed in the “Risks and
Uncertainties” section and elsewhere in the Company’s MD&A and
other risks detailed from time to time in the publicly filed
disclosure documents of Andrew Peller Limited which are available
at www.sedar.com. Forward‐looking statements are not guarantees of
future performance and involve risks, uncertainties, and
assumptions which could cause actual results to differ materially
from those conclusions, forecasts, or projections anticipated in
these forward‐looking statements. The Company’s forward‐looking
statements are made only as of the date of this news release, and
except as required by applicable law, the Company undertakes no
obligation to update or revise these forward‐looking statements to
reflect new information, future events or circumstances or
otherwise.
For more information, please contact: Paul
Dubkowski, CFO and Executive Vice-President, IT (905) 643-4131
Source: Andrew Peller Limited
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