Duckhorn Names Former STZ Exec as CEO

Dear Client:   The Duckhorn Portfolio announced this morning that Robert Hanson, former Constellation Brands wine & spirits president, will take over as ceo, effective February 1. This announcement comes shortly after Butterfly Equity completed its $1.95 billion acquisition of Duckhorn.  Robert succeeds president and ceo Deirdre Mahlan, who has served as interim ceo since long-time chief Alex Ryan's retirement in September 2023 and became permanent president and ceo last May [see WSD 05-01-2024].  "I am so proud of what