Willamette Valley Vineyards Appoints John Hazlett as New CFO
WVVI is trading near its 52-week low of $2.49 (4.0% above the low).
Summary
Willamette Valley Vineyards has appointed John Hazlett as its new Chief Financial Officer, effective May 20, 2026, replacing the retiring John Ferry.
Key Events · Executive and Board Changes · WVVI
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New Chief Financial Officer Appointed
John Hazlett has been appointed as the new CFO, effective May 20, 2026. He replaces John Ferry, whose retirement was previously announced on February 12, 2026.
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Experienced Financial Leader
Mr. Hazlett brings experience as a founding partner of a fractional CFO advisory service and prior CFO roles at RENA Technologies North America (semiconductor equipment) and Climax Portable Machine Tools. He also held senior financial positions at Eaton Corporation and Microsoft and is a Certified Public Accountant.
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Compensation Details
Mr. Hazlett will receive an annual base salary of $216,000 and is eligible for an annual performance-based incentive of up to $24,000. He is also eligible for an Executive Stock Incentive Plan, to be evaluated by the Board's Compensation Committee.
Analysis · WVVI · Manufacturing
This appointment finalizes the planned succession for the CFO role, following the previous announcement of John Ferry's retirement. Mr. Hazlett brings experience from fractional CFO roles and prior positions at semiconductor and manufacturing companies, which is important for a micro-cap company like Willamette Valley Vineyards, especially as it navigates recent financial challenges and opportunities. The company's stock is currently trading near its 52-week low, making strong financial leadership critical.
At the time of this filing, WVVI was trading at $2.59 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $12.9M. The 52-week trading range was $2.49 to $7.18. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.