Wine Industry Report

William A. Terlato, President and CEO of Terlato Wine Group (TWG), recently announced the appointment of Michael J. Graham to the position of Chief Financial Officer, aligning the company’s management team to pursue an aggressive growth strategy in the expanding luxury wine market.

“Mike Graham is a seasoned financial executive with more than 20 years of diverse, cross-functional experience and a history of success at small, mid-cap and Fortune 100 companies,” said Terlato. “We welcome Mike to our team, and look forward to working together with him as we build on our company’s successes and strengthen our position as the “leader in luxury wines.”

Graham’s appointment brings TWG’s management team leverage on two fronts: adding a proven executive who will focus exclusively on financial operations, while allowing John Scribner, Senior Vice President and General Counsel, to focus on managing the company’s legal, tax and compliance groups. Scribner, a trusted personal, financial and legal advisor to the Terlato family for 28 years, will also play an expanded role in collaborating with the family to identify acquisition targets that complement the organization’s renowned luxury portfolio.

Graham joins TWG from R.R. Donnelley, where he served as Senior Vice President and Controller. At Donnelley, a publicly traded print and print-related services provider with $9 billion in sales, he managed a team of 110 professionals, overseeing a range of functions including corporate and SEC accounting, corporate planning and Sarbanes-Oxley compliance. Graham’s large-company experience also includes serving as Vice President and Controller of Sears, Roebuck and Co., and as Chief Financial Officer and Executive Vice President at Aegis Communications Group. Graham also progressed through several senior financial positions during seven years at Quaker Oats Company.

Prior to that, at Wellbridge Company, the nation’s third largest owner and operator of athletic clubs, Graham’s financial leadership helped grow the company through an aggressive, acquisition-focused growth stage.

Graham started his career at PriceWaterhouseCoopers, where he was an audit manager for several of PWC’s largest Chicago office consumer products clients. He holds an M.B.A. in finance from the University of Chicago Graduate School of Business, a B.S. in accounting (magna cum laude) from DePaul University and is a Certified Public Accountant.

The Terlato Wine Group (TWG) is the parent company of wine operations that specialize in the marketing and production of exceptional wines. Owned and operated by the Terlato family, the Group’s flagship company is Paterno Wines International (PWI), Leaders in Luxury, in the United States. With a global portfolio of more than 40 brands from a host of world-class wine producers, PWI presently markets more than one out of every eight bottles of wine over $14 sold in America. TWG also holds the family’s investments in vineyards, wine production joint ventures and wineries in some of the world’s most esteemed wine regions, including: Napa Valley; Sonoma County; Santa Barbara County; Victoria, Australia; and the Rhône Valley.

The Paterno Wines International portfolio of brands includes: Napa Valley: Chimney Rock, Cuvaison Estate Wines, Markham Vineyards, Rutherford Hill and Terlato Vineyards; Sonoma County: Alderbrook, Hanna, Rochioli and Terlato Vineyards; Santa Barbara County: Sanford; California Appellation: Glass Mountain; Oregon: Argyle and Sokol Blosser; Italy: Baglio di Pianetto, Barone Ricasoli, Ca’ del Bosco, Ca’ Marcanda (Gaja Toscana); Florio Martinez Marsala, Gagliole, Gaja, Il Poggione, Kettmeir, Lungarotti, Santa Margherita, Torresella; and Distilleria Nonino (Grappa); France: Champagne Bollinger, Chapoutier, Domaine Chanson, Domaine Louis Moreau, Josmeyer, Langlois-Chateau and Tour des Laurets; Australia: Domaine Terlato & Chapoutier, Domaine Tournon, Heathcote Estate, Two Hands and Yabby Lake Vineyard; Argentina: Tamarí; Canada: Peller Estates Icewine; Chile: Viña Tarapacá; Greece: Boutari; New Zealand: Wairau River; Belgium: Chimay. For more information, visit www.paternowines.com.