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Archive of: Finance

Title Issue

Meyers Financial earns ‘Top 10’ honor

Meyers Financial announced today it has been awarded status as a "Top 10 business” by The Prime Buyer’s Report and is officially certified as “Prime Buyer’s Report – Top 10”.

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Bank of Marin reports record $15.6 million earnings.

Bank of Marin Bancorp announced last week 2011 annual earnings of $15.6 million, an increase of $2.0 million, or 14.8%, from $13.6 million a year ago. Earnings per share for the year ended December 31, 2011 totaled $2.89 on a diluted basis, up $0.34 from $2.55 in the prior year. 2011 earnings include the impact of the FDIC-assisted acquisition of certain assets and the assumption of certain liabilities of the former Charter Oak Bank on February 18, 2011 (the “Acquisition”).

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Good Company Wines acquires CellarThief

Tony and Danielle Westfall owners of the locally-based Good Company Wines ®, parent company of invino® (www.invino.com), the original members-only private-sale site for wine, announced this week that they have acquired CellarThief (www.cellarthief.com) for an undisclosed amount.

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Sonoma Bank supports Teen Services

Sonoma Bank supports Teen Services

Sonoma Bank recently showed its support of Sonoma Valley Teen Services with a check for $1000.

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Craig Nelson Steps in as CEO at Nelson Family of Companies

Craig Nelson Steps in as CEO at Nelson Family of Companies

Craig S. Nelson, son of Founder Gary D. Nelson, is taking over as CEO of the Nelson Family of Companies, transitioning from his role as Executive VP of Staffing Services into the role of CEO, effective January 12, 2012. Craig takes over from Catherine Candland who is joining ZeroChaos following the recent sale of Nelson’s WorkforceLogic division to them.

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The Other Guys reports record sales in 2011

August Sebastiani, president of The Other Guys, a Sonoma-based wine company that is part of the Don Sebastiani Family of Companies, reported last week that sales for TOG's portfolio were up more than 40% over 2010.

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Racke sells Donum Estate in Carneros to Danish group

Racke sells Donum Estate in Carneros to Danish group

Racke, the German wine and spirits group that once owned Buena Vista Vineyards, announced recently that it has sold The Donum Estate, a pinot noir producer in Sonoma Valley's Carneros appellation, to Winside, Inc., a partnership of Danish investors, for an undisclosed amount.

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Jon Sebastiani's KRAVE jerky expands nationwide

Jon Sebastiani's KRAVE jerky expands nationwide

For Sonoma wine vet Jonathan Sebastiani, 2011 has proved to be a banner year for KRAVE Jerky, his entrepreneurial new enterprise. His all-natural, high-quality ingredient meat snack product closed its first full year with over 500 percent growth.

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V2 Wine Group announces new appointments, promotions

V2 Wine Group of Sonoma announced this week that Alex Dessouky, who joined the company in 2010 as director of marketing, has been promoted to vice president of marketing. Joining the company are Michael Pulice as director of national retail accounts; Jack Harvey, south central regional manager; Rick Morrison, director of sales – Qupé; and Jacquelyn Musgrave as finance manager.

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Eraldi's to be honored at 2011 Spirit of Sonoma Awards

Dan Eraldi, of Eraldi's Menswear in Sonoma, will be among the honorees, Friday, December 2 at the Annual Spirit of Sonoma County Award luncheon at the Double Tree Hotel in Rohnert Park.

Web 2012