The Duckhorn Portfolio Names Jennifer Fall Jung Chief Financial Officer
23 Mai 2023 - 10:15PM
Business Wire
Former Funko CFO Joins The Duckhorn
Portfolio Executive Leadership Team
The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”), North
America’s premier luxury wine company, today announced Jennifer
Fall Jung has been appointed Executive Vice President, Chief
Financial Officer, effective June 19, 2023. Fall Jung brings more
than 25 years of corporate finance and investor-focused experience
to The Duckhorn Portfolio, having most recently served as Chief
Financial Officer of Funko, Inc. (NYSE: FNKO) and previously having
held numerous senior positions in corporate finance, investor
relations, strategy, and business planning at Gap, Inc.
Fall Jung spent the last few years as the Chief Financial
Officer at Funko, Inc., a pop culture entertainment and consumer
goods company focused on licensed collectables, accessories and
apparel, where she was responsible for all areas of finance and
accounting, public and investor relations, real estate, facilities
and communications. During her 21 years with Gap, Inc., she held
several key positions, including Senior Vice President of Investor
Relations and Corporate Finance and Chief Financial Officer and
Senior Vice President of Global Old Navy and Gap North America. She
holds a Master of Business Administration with a specialization in
International Business and a Bachelor of Science in Business
Administration with a specialization in Finance from San Diego
State University.
“I could not be more excited to welcome Jennifer to The Duckhorn
Portfolio,” said Alex Ryan, President, Chief Executive Officer and
Chairman of the Company. “She is a deeply talented finance
executive with a proven track record of devising and leading
successful strategic efforts at iconic consumer products companies.
Jennifer’s public company and investor relations experience will be
instrumental to our team as we mature as a public company and
continuously strive for excellence in meeting our investors’ needs
and driving shareholder value. Her financial acumen, coupled with
her experience in operations, and deep understanding of how to
build brand equity in key markets position her to make meaningful
contributions to all aspects of our business.”
Fall Jung added, “The Duckhorn Portfolio is not only an iconic
family of brands, but it is unique in its leading position as a
public and pure-play luxury wine company of scale. I am excited to
be joining the company and its experienced leadership team at this
moment in its history, and I look forward to gaining a more
intimate understanding of the company’s investors and shareholder
community while working with the team to reach new heights of
category excellence.”
Ryan also discussed the invaluable contributions of outgoing
Executive Vice President, Chief Financial Officer, Lori Beaudoin.
“Over the past 14 years, Lori was fundamental to shaping The
Duckhorn Portfolio into the company we are today. She has been
vital to our success and stable growth during the past decade,
establishing a robust finance and accounting team, leading us
through our IPO in 2021 and the successful acquisitions of Kosta
Browne and Calera. I can think of no higher compliment than to say
that Lori has collaboratively worked to build a foundation of sound
processes and a strong business on which our public company today
rests. She has made an enduring mark on this company and its
employees, and we are deeply grateful to Lori for her leadership.
We wish her the best in her retirement.” Beaudoin will continue to
serve as Executive Vice President, Chief Financial Officer until
June 16, 2023.
About The Duckhorn Portfolio,
Inc.
The Duckhorn Portfolio is North America’s premier luxury wine
company, with ten wineries, eight state-of-the-art winemaking
facilities, seven tasting rooms and over 1,100 coveted acres of
vineyards spanning 32 Estate properties. Established in 1976, when
vintners Dan and Margaret Duckhorn founded Napa Valley’s Duckhorn
Vineyards, today, our portfolio features some of North America’s
most revered wineries, including Duckhorn Vineyards, Decoy,
Paraduxx, Goldeneye, Migration, Canvasback, Calera, Kosta Browne,
Greenwing and Postmark. Sourcing grapes from our own Estate
vineyards and fine growers in Napa Valley, Sonoma County, Anderson
Valley, California’s North and Central coasts, and Washington
State, we offer a curated and comprehensive portfolio of acclaimed
luxury wines with price points ranging from $20 to $200 across more
than 15 varietals and 31 appellations. Our wines are available
throughout the United States, on five continents, and in more than
50 countries around the world. To learn more, visit us at:
https://www.duckhornportfolio.com/. Investors can access
information on our investor relations website at
https://ir.duckhorn.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230523006072/en/
Investor Contact Chris Mandeville, ICR ir@duckhorn.com
707-302-2635
Media Contact Jessica Liddell, ICR DuckhornPR@icrinc.com
203-682-8200
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