Anker Vintners, a Napa Valley wine company, is grappling with leadership and operational challenges after the arrest of its CEO, Michael Anker, for illegal activities. The case highlights the reconstitution of the company’s Advisory Board into a fiduciary role to manage the crisis, addressing public relations fallout and internal stability without a clear successor. It underscores the importance of crisis management, governance, and succession planning in maintaining business continuity amid significant reputational threats.
