Willamette Valley Vineyards announces board member resignation

On February 12, 2025, Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) disclosed the departure of Elizabeth (Libby) Spencer from its Board of Directors. The resignation, effective immediately as of February 13, 2025, was tendered for personal reasons and was not due to any form of disagreement with the company's operations, policies, or practices.

The Oregon-based company, recognized for its manufacturing of wines, confirmed that Ms. Spencer's decision to step down did not stem from any conflict with the management or any board-related issues. The company's filing with the Securities and Exchange Commission (SEC) clarified that there were no disputes that would fall under the reporting requirements of Item 5.02(a) of Form 8-K, hence the information is reported under Item 5.02(b).

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