Napa, Calif.—Cakebread Cellars has hired Mike Jaeger as its new president and chief executive officer. Current president and CEO, Bruce Cakebread, will remain on the winery’s board of directors, along with his brother Dennis Cakebread, who will continue as chairman. Jaeger has 20 years of experience leading numerous wine businesses, including both family-owned and public companies. Most recently, Jaeger was CEO at C. Mondavi & Family and also served as chairman at Clos du Val Winery.