08.07.2011 16:50:00
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China Food Services, Corp. and California Grapes International, Inc. Announces Appointment of New Directors and Management Change
China Food Services, Corp. (OTC: GDHI) and California Grapes International, Inc. announces that, as part of the merger agreement the following new directors were elected, and the corporate management structure will be as follows:
Jeff Crittenden (aged 41) has been appointed CEO of the new venture. Jeff has 3 years in the CA Wine export industry and ran his own mortgage and real estate investment company for over 8 years. Prior to the real estate industry, Jeff was involved with business development in the technology industry for companies including AT&T, Cisco Systems and Netscape Communications.
Brian Bumgarner (aged 41) has been appointed CVO (Chief Vintner Officer). Brian has 3 years in the CA Wine export industry and 19 years in the wine industry itself. Brian has been the winemaker for several Sierra Nevada Wineries and currently owns Bumgarner Winery. Brian has extensive industry sales and marketing knowledge along with the complete understanding of everything wine and winemaking.
Jeffrey Wieser (aged 48) has been appointed EVP of Logistics. Jeff has been managing export logistics of CA Wine for 3 years. He started his logistical career 1987 with Coors Beer and has been involved with domestic and international logistics solution since 1988. Prior to starting his own logistics business he was VP Sales with N.W. Transportation located in CA.
Frank Yglesias (aged 48) the current CEO has been appointed EVP of China Operations. Frank has over 5 years in country business experience in China and has established the company’s current operating subsidiarity in China specializing in the F&B logistical and distribution segment.
Mr. Hua "Jack” Chih-Yang (aged 48) has been appointed as an independent non-executive Director. Jack as he likes to be called comes from over 20 years experience in the F&B industry, a Chinese native growing up in Singapore, Graduated from Oklahoma State University in 1982 with a Bachelors in Science in Hotel Management.
The company welcomes the new directors, and is confident that their expertise and experience will provide the foundation necessary to succeed in the international sales of California Wine. The California Wineries have been waiting for a solution like "CGI” and have already shown tremendous support behind the company and its team!
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.
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