News Briefs for December 9, 2019December 9, 2019
•Constellation Brands has named Garth Hankinson as executive vice president and CFO, effective January 13, 2020. Hankinson has worked at Constellation for nearly 20 years and has served in numerous senior leadership positions, most recently as senior vice president, corporate development. This promotion will place him in charge of Constellation’s full finance operations and he will serve on Constellation’s executive management committee. He succeeds David Klein, who is shifting from Constellation Brands to Canopy Growth where he will serve as CEO. In October, Canopy named Klein as its new chairman following a challenging fiscal second quarter for the company. In August 2018, Constellation Brands invested $4 billion in Canopy Growth, though the companies faced challenging conditions through October 2019.
•California-based wine importer Mt. Beautiful USA has been named the exclusive U.S. importer for New Zealand winery Amisfield. Based in the Central Otago region, Amisfield is known for Pinot Noir and Sauvignon Blanc retailing from $20-$45 a 750-ml. Mt. Beautiful USA’s portfolio also includes its namesake label, its Sisters Ridge brand, and agency brand Trinity Hill, which joined the range this summer.
•California’s Wayfarer Vineyard has promoted Joe Hunter to national sales manager. Hunter joined the company in 2014 as western division sales manager for the U.S. and Canada, covering the Pahlmeyer, Jayson by Pahlmeyer, and Wayfarer brands. With Pahlmeyer and Jayson by Pahlmeyer recently acquired by E.&J. Gallo, Hunter will turn his full attention to the Wayfarer label from the Sonoma Coast, which continues to be led by Cleo Pahlmeyer as president. Wayfarer is known for Pinot Noir and Chardonnay retailing from $80-$150.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.