Industry veteran John Esposito has joined the Oliver Winery board of directors. A proven beverage industry leader, John brings knowledge and perspective to our growing brand.
BLOOMINGTON, Ind. (July 19, 2021) — Indiana-based Oliver Winery & Vineyards has named industry veteran John Esposito to its board of directors. Esposito also serves on the boards of WhistlePig and Zing Zang, and he was formerly president of Bacardi USA, Moët Hennessy USA, and Stoli Group USA. Later, he led High West Distillery, which Constellation acquired for $160 million in 2016.
“My role on the board is really to support the team at Oliver as they continue to build their great wine brands on a national scale,” said Esposito. “I’m looking forward to helping Oliver grow its umbrella brand and brand equity, much like I’ve done with emerging brands in the past.”
Esposito joins NexPhase Capital, LP (“NexPhase”) principals Doug Corbett, Jamie Kaufman, and Alan Rogers, as well as CEO Julie Adams and founding family member Bill Oliver on Oliver’s board of directors. Oliver Winery, along with Esposito and NexPhase, are teaming up to bring new thoughts and perspectives to set the winery up for continued success.
— John Esposito, Oliver Winery board member
“Knowledge of distributors and chains can extend the reach of our brand nationally and internationally,” said Adams. “Oliver is spearheading a different category of wines, with our award-winning sweet wines having opened up new avenues for the team.”
According to Esposito, the Company is at the cutting edge of where the consumer is moving, and there is a real opportunity to do something big.
About Oliver Winery & Vineyards
Founded in 1972, Oliver Winery is now among the country’s 30 largest wineries, according to Wine Business Monthly.
With its accelerated growth, the Indiana-based winery was recently named to Shanken’s Market Watch “Impact HOT Brand List,” for the second year running. Ranked by Travel + Leisure among the top 25 wineries to visit in the U.S., Oliver continues to stay true to its roots producing forward-thinking and approachable wines. Visit oliverwinery.com for more information.
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Oliver Winery Partners with NexPhase Capital to Accelerate Future Growth
BLOOMINGTON, Ind. (January 25, 2021) — Oliver Wine Co, Inc. (“Oliver Winery,” “Oliver” or the “Company”) and NexPhase Capital, LP (“NPC,” “NexPhase”) today announced that they have signed a definitive agreement for NexPhase to invest in Oliver Winery. The transaction is expected to close in early 2021.