Duckhorn appoints Jennifer Fall Jung as CFO, effective June 19, 2023

Duckhorn Portfolio, Inc.

Jennifer Fall Jung joins from Funko, where she was CFO until Feb 2023; she succeeds Lori Beaudoin who is retiring.
Base salary of $500,000 and target annual bonus of 60% of base salary (fiscal 2024).
Initial equity grant: RSUs valued at $112,500 and option to purchase 3x the RSU shares, subject to compensation committee approval.
Outgoing CFO Beaudoin (14-year tenure) leaves after leading the company through its IPO and acquisitions of Kosta Browne and Calera.
Beaudoin will serve as CFO until June 16, 2023; Fall Jung begins June 19, 2023.

item 5.02 item 7.01 item 9.01

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Appointed

Jennifer Fall Jung

Executive Vice President, Chief Financial Officer

Duckhorn Portfolio, Inc.

Effective: 2023-06-19
Filed: May 23, 2023, 7:59 PM ET

The Duckhorn Portfolio, Inc. (the “Company”) announced that Jennifer Fall Jung, age 52, will serve as the Company’s Executive Vice President, Chief Financial Officer, effective June 19, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jennifer Fall Jung was appointed as Executive Vice President, Chief Financial Officer at Duckhorn Portfolio, Inc..

Action: appointed
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

The Duckhorn Portfolio, Inc. (the “Company”) announced that Jennifer Fall Jung, age 52, will serve as the Company’s Executive Vice President, Chief Financial Officer, effective June 19, 2023.

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Source: SEC EDGAR

accession 0001835256-23-000023

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