Ted Hall Resumes Leadership at Long Meadow Ranch
As He Completes Role at The Robert Mondavi Corporation
February 1, 2005, Rutherford, CA
Long Meadow Ranch announced today that Ted Hall has resumed his full-time roles as General Partner at Long Meadow Ranch and President of Long Meadow Ranch Winery, effective immediately. He returns after having successfully completed his role as non-executive Chairman of the Robert Mondavi Corporation which was acquired by Constellation Brands in late December 2004.
The merger with Constellation Brands comes at the conclusion of a major strategic review undertaken during the past year under Hall's leadership. He joined the Board in December 2003 and became non-executive chairman in January 2004. During his tenure, the equity value of The Robert Mondavi Corporation increased by 61 percent from $639 million to $1.027 billion.
"We are very excited to have Ted back," said Cathy Hazel, General Manager of Long Meadow Ranch Winery. "With the completion of the merger of The Robert Mondavi Corporation into Constellation Brands, I am now free - after a very challenging and demanding year - to renew my commitment to acheiving the high aspirations we hold for Long Meadow Ranch ," said Hall. "We are redoubling our efforts to make world-class wines that truly complement food. Our aim is to produce extraordinary food for the table with award-winning wines, handcrafted olive oils, grass-fed beef, and organic produce - and to have our products featured by the world's top chefs."
"I am also pleased that Robert Mondavi and his wife, Magrit Biever, will continue in their roles as ambassadors to the world for California wines and that they will continue to innovate in the presentation of the integrated cultural values of wine, food, and the arts," said Hall. "I believe that - after a difficult, but essential, period of adjustment - the Mondavi wines and the people who grow, make, sell, and distribute them will enjoy a long period of economic vitality and growth."
Mr. Hall is an accomplished business leader and entrepreneur with broad busines experience . In addition to being owner (with wife, Laddie, and son, Christopher) and general partner of Long Meadow Ranch and president of Long Meadow Ranch Winery, he has addressed a wide array of business issues during his career. Previously, as a leader and operating manager at the global consulting firm McKinsey & Company, Hall served as the managing partner of their San Francisco office before assuming significant worldwide responsibilities in the firm.
(Click to see biography.)
"We have attracted an outstanding team to Long Meadow Ranch and I look forward to continuing to work with our team and my family in a hands-on fashion to acheive our vision of producing world-class products using organic, sustainable farming methods," concluded Hall
Long Meadow Ranch is an innovative organic farming operation - and purveyor of fine food - located high above the Napa Valley on the picturesque slopes of the Mayacamas Mountains where it produces extraordinary red wine, extra virgin olive oil, grass-fed beef, eggs, and heirloom fruits and vegetables for Napa Valley's finest restaurants. Long Meadow Ranch produces ultra premium wines and extra virgin olive oils, under the Long Meadow Ranch Winery, Ranch House Red, Prato Lungo, and Napa Valley Select labels. Beyond the Napa Valley, Long Meadow Ranch wines and olive oil have been regularly featured by America's top chefs.
Long Meadow Ranch has been known as such since 1872 when it was established as an original "patent grant" ranch signed over by President Ulysses S. Grant. Having been home to a variety of uses during its long history, Long Meadow Ranch continues to grow and prosper through Ted, Laddie and Christopher Hall's stewardship.
The Halls continue to restore and preserve Napa Valley's oldest olive groves, as well as add new plantings of olive trees and vineyards. They have also brought cattle, poultry and vegetables back into commercial production. Appaloosa horse breeding, along with an extensive composting operation, round out the integrated farming activities at the Ranch.
"Excellence through Responsible Farming" is the motto of Long Meadow Ranch, bolstered by the belief that world-class products can be produced using sustainable, organic farming methods. Long Meadow Ranch does not use herbicides or pesticides and its products are organically grown and certified by the California Certified Organic Farmers.
Contact: Chris Hall