Seth Kaufman

Seth Kaufman is the President and CEO (de facto Chief Restructuring Officer) of Vintage Wine Estates, having officially assumed the role on October 30, 2023. Prior to joining Vintage, Kaufman served as the President and CEO of Moët Hennessy North America, a division of LVMH, where he led the company for four years and was instrumental in achieving high single-digit growth in a $2.5 billion business.123 His appointment at Vintage comes at a crucial time as the company is undergoing significant restructuring efforts following a decline in its share price since its IPO in 2021.14

Career Background

• Moët Hennessy North America: Kaufman held the CEO position from August 2019 until October 2023, focusing on profitability and organic growth.23
• PepsiCo: Before his tenure at Moët Hennessy, he spent nearly 20 years at PepsiCo in various leadership roles, including Chief Marketing Officer for North America Beverages and President of North America Nutrition.24

Responsibilities at Vintage Wine Estates

At Vintage, Kaufman is tasked with realigning the business to enhance earnings and cash flow. This includes simplifying operations and focusing on key brands for growth.34 He replaces Jon Moramarco, who served as interim CEO during a transitional period for the company.13

Educational Background

Kaufman holds an MBA from the University of Michigan's Stephen M. Ross School of Business.5

Additional Roles

He is also involved with several boards, including serving as a member of the Board of Directors for Group Black and the Board of Trustees for the Immune Deficiency Foundation.5

Kaufman's leadership is seen as pivotal for Vintage Wine Estates as it navigates its restructuring phase and aims to strengthen its market presence in the U.S. wine industry.