NEW YORK, March 1 /PRNewswire/ -- Winebow, Inc., a leading importer and distributor of fine wine and spirits from around the world, announced today the appointment of Jon Moramarco to the position of President. Effective March 30th, 2010, Moramarco will report to Leonardo LoCascio, Chairman and CEO of Winebow, who founded the company in 1980.
"Jon's wealth of knowledge and experience, his commitment to high standards, and his passionate leadership make him an ideal choice to guide our company as we continue to refine our organizational structure and maximize our growth potential," said LoCascio. "Jon's impressive background managing import and distribution-based businesses, and his proven success with both super-premium and boutique brands will make him a great asset to Winebow."
Having started his wine career as a twelfth generation winemaker, Moramarco has experience in virtually all aspects of the industry. His most recent position was Managing Partner of BW 166 LLC, an advisory service focused on the wine and beverage industry. Previously, Moramarco spent eighteen years as President and CEO at a variety of companies, including Allied Domecq Wines USA, Canandaigua Wine Company, Icon Estates, Constellation Europe and Constellation International.
"I have long admired Winebow for its unique business model, its impressive portfolio of wines and spirits, and its dedication to customer service," said Moramarco. "I am very excited to join this dynamic organization, and look forward to working with Leonardo and the outstanding team he has put together as we continue to seek opportunities to become a more valuable organization to all of our stakeholders."
Reporting to Jon will be Group Presidents Peter Click of Imports, Frank Shobe of Distribution, and Scott Ades of Finance and Operations.
Moramarco joins Winebow as the company achieves significant growth. Over the past twenty months, Winebow acquired Click Wine Group, became the exclusive importer of leading South American wineries Bodega Catena Zapata from Argentina and Cousino-Macul from Chile, formed new portfolios of Japanese sake and fine estates from Austria and Portugal, and expanded its distribution network into Illinois. In 2010 Winebow anticipates revenues to be $240 million from its combined import and distribution operations. The company currently employs 470 individuals throughout the United States.
"I am very excited to have Jon on board as I believe it is the final lynchpin in creating a world class senior management team that will successfully lead this company into the future," said LoCascio. "As Jon assumes the day-to-day management of Winebow, I will be able to focus more on the company's long-term strategic vision and spend more time with our suppliers as we work together to build their brands."
About Winebow, Inc.
Winebow, Inc. (www.winebow.com), founded in 1980 by Leonardo LoCascio, is a major importer and distributor of fine wines and spirits from around the world. Winebow is a leading importer of premium Italian wines under the Leonardo LoCascio Selections label, the de facto seal of approval for Italian wine enthusiasts. The Winebow Brands International (WBI) and Winebow Global (WG) divisions offer a wide range of acclaimed wine and spirits from the world's most prominent growing regions.
Winebow is headquartered in Montvale, New Jersey with additional distribution offices in New York, New York; Philadelphia, Pennsylvania; Washington, D.C.; Boston, Massachusetts; Wallingford, Connecticut; Chicago, Illinois; and Seattle, Washington.
SOURCE Winebow, Inc.
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