Chapel Down CEO departsBy Alice Brooker
Frazer Thompson has retired from his role as chief executive of English wine and spirits producer Chapel Down after 20 years with the business.
Andrew Carter, who is currently the managing director at Chase Distillery, will succeed the former CEO in September this year.
Thompson commented: “After 20 years, with the company in good shape after the pandemic, and with a really exciting period of growth ahead, I have decided that now is an ideal time for me to step aside as CEO and for the company to introduce some fresh energy and leadership to the business.
“I am delighted that Andrew has joined us. He brings a wealth of drinks experience and has the talent and energy to lead a fantastic team to new heights. I love this business and brand and I will remain both as a substantial shareholder and advisor.”
Chapel Down chairman Martin Glenn said Thompson built Chapel Down “into England’s biggest wine business and helped put English wine on the map”.
Thompson added: “It has been a remarkable journey and a privilege to have had the opportunity to change the way the world thinks about English wine. We have built a fantastic team and an exciting brand with great growth prospects.
“I truly believe that the journey has just got more exciting.”
Meanwhile, new CEO Carter has revealed he is looking forward to “further building the business and team to deliver the next stage of transformational company growth”, after he joins the business on 13 September 2021.
He said: “Frazer has been an extraordinary pioneer of the English winemaking industry and I will work closely with him and the Chapel Down management team to ensure a seamless transition.”
In June, Chapel Down launched a crowdfunding campaign to scale its operations.