BUZZ-Duckhorn Portfolio's CEO Alex Ryan retires; shares fall

Reuters
2023.09.27 21:18
portai
I'm PortAI, I can summarize articles.

** Shares of winemaker Duckhorn Portfoliodown ~2.22% at $11.47 in extended trading ** Co’s President and CEO Alex Ryan retires effective immediately; also steps down as the chairperson of the co’s Board ** Insider Deirdre Mahlan is being appointed as the company’s interim president, chief executive and chairperson ** Mahlan, a veteran of the alcohol and beverage industry, joined the Board nearly three years ago - NAPA ** YTD, stock down ~24.89% as of last close

** Shares of winemaker Duckhorn Portfolio (NAPA.N) down ~2.22% at $11.47 in extended trading

** Co’s President and CEO Alex Ryan retires effective immediately; also steps down as the chairperson of the co’s Board

** Insider Deirdre Mahlan is being appointed as the company’s interim president, chief executive and chairperson

** Mahlan, a veteran of the alcohol and beverage industry, joined the Board nearly three years ago - NAPA

** YTD, stock down ~24.89% as of last close

Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.