The Duckhorn Portfolio Says Alex Ryan Is Retiring From His Role As President, CEO And Chairman
Portfolio Pulse from Benzinga Newsdesk
Alex Ryan is retiring from his role as President, CEO, and Chairman of The Duckhorn Portfolio. The board has appointed Deirdre Mahlan, an industry veteran, as interim President, CEO, and Chairperson, and has begun searching for a new leader.
September 27, 2023 | 8:08 pm
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The retirement of Alex Ryan from The Duckhorn Portfolio, a company listed as NAPA, may cause short-term uncertainty in the stock market. The appointment of Deirdre Mahlan as interim leader could stabilize the situation.
Leadership changes often cause short-term uncertainty in the stock market as investors assess the potential impact on the company's strategy and performance. The appointment of an industry veteran as interim leader could help to mitigate this uncertainty.
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