Market Watch, March 1, 2017
Like his father and grandfather before him Marc Taub has never met a challenge he didnt embrace The president and CEO of Taub Family Cos which includes Palm Bay Interna tional and Esprit du Vin Fine Wine Merchants has been at the helm of his familys wine and spirits import businesses since his father cofounder David Taub passed away in 2012 The pair worked closely together for more than 20 years and during that time Marc Taub learned the intricacies of a family business that was founded in the 1970s and celebrates its 40th anniversary this year Today Taub Family Cos is poised to seize new opportunities on an unprecedented scale with an increased commitment to its core business in imported wine new initiatives in domestic wine and ambitious growth plans for its burgeoning spirits business While much has changed at Palm Bay and Esprit du Vin in the last few years Marc Taub has never lost sight of the people who helped shape his familys busi ness He credits his father and his grand father cofounder Martin Taub with laying the groundwork for continued success In addition the personal rela tionships that Marc Taub and his employees have forged with their wine and spirits suppliers are integral to the companys long term success The fundamentals of todays Palm Bay came from the oppor tunity to work with my father for so many years Taub says That allowed me to understand what he felt was important a sense of urgency a personal touch an entrepreneurial spirit My father was always adventurous and that spirit continues with me I cant seem to find any challenges Im not willing to take on 26 MARKET WATCH MARKETWATCHMAG COM MARCH 2017PHOTOS BY RICK WENNERAs it celebrates four decades in the wine and spirits business Taub Family Cos continues its tradition of innovation and growth BY LAURA PELNER Of Family LeadershipFORTY YEARSMW0317_
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