---
schema_version: "secwatch.filing_event.v1"
accession: "0001835256-23-000023"
form_type: "8-K"
ticker: null
cik: "0001835256"
company_name: "Duckhorn Portfolio, Inc."
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:29:30.075619+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001835256-23-000023
- form_type: 8-K
- cik: 0001835256
- company_name: Duckhorn Portfolio, Inc.
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835256/000183525623000023/0001835256-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835256/000183525623000023/napa-20230523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001835256-23-000023
- JSON: https://secwatch.observer/filing/0001835256-23-000023.json
- Plain text: https://secwatch.observer/filing/0001835256-23-000023.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835256/000183525623000023/0001835256-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.