An update from Vintage Wine Estates (VWE) is now available.
Vintage Wine Estates has launched a retention plan to secure key executive talent including its CEO and CFO with significant cash incentives, ensuring leadership stability amidst potential company transitions such as a sale or restructuring. The CEO and CFO, Seth Kaufman and Kristina Johnston respectively, stand to gain $1.8 million and $600,000 if they stay through critical milestones or until mid-2025. Additionally, previous obligations to Kaufman are being superseded by a new chance to earn a $450,000 payment, aligning executive retention with the company’s strategic goals.
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