St. Helena, California, May 22, 2024–(BUSINESS WIRE)–Duckhorn Portfolios (NYSE: NAPA) (the “Company”) today announced the appointment of Dave Berwick to the Company's board of directors, effective May 21, 2024. Mr. Berwick has more than 30 years of experience in the beverage industry and most recently served as President and Chief Executive Officer of Boston Beer Company (NYSE: SAM), a leading beverage alcohol company. Mr. Berwick will serve as Chair of the Company's Nominating and Corporate Governance Committee and as a member of the Company's Audit Committee.
“Dave is an accomplished beverage industry executive with the operational and strategic expertise to bring added value and perspective to the Duckhorn Portfolio Board,” said Deirdre Maran, president, CEO and chairperson. “We look forward to Dave's contributions during this critical period of inflection for our company and believe he will be a key thought partner as we focus on driving consistent, profitable growth and value creation for all our stakeholders.”
Mr. Berwick served as President and Chief Executive Officer of Boston Beer Company from 2018 until his retirement in 2024. Prior to joining Boston Beer, he served as President and CEO of Peet's Coffee & Tea Company for six years. Previously, he served as North American President of WW International and held various senior management roles at PepsiCo Inc. for 20 years. Mr. Berwick earned a Bachelor of Arts, cum laude, from Middlebury College and an MBA from Harvard Business School. He currently serves on the board of directors of Deckers Outdoor Corporation.
“I am honored to join the board of directors of America's leading premium wine company,” said Berwick. “The Duckhorn Portfolio has an outstanding track record, and I look forward to working collaboratively with the Board and leadership team to continue to scale and build long-term shareholder value.”
About Duckhorn Portfolio, Inc.
Duckhorn Portfolio is North America's leading premium wine company with over 2,200 acres of sought-after vineyards across 11 wineries, 10 state-of-the-art winemaking facilities, eight tasting rooms and 38 estate properties. Founded in 1976 when winemakers Dan and Margaret Duckhorn founded Duckhorn Vineyards in Napa Valley, our portfolio includes many of North America's most respected wineries, including Duckhorn Vineyards, Decoy, Sonoma Cutler, Costa Brown, Goldeneye, Paradux, Calera, Migration, Postmark, Canvasback and Greenwing. Sourcing grapes from our own vineyards and premium growers in Napa Valley, Sonoma County, Anderson Valley, California's North and Central Coasts, Oregon and Washington, we offer a wide selection of highly acclaimed premium wines ranging in price from $20 to $230 across more than 15 varietals and 39 appellations. Our wines are sold throughout the United States, on five continents and in over 50 countries worldwide.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240522239053/en/
contact address
Investor Contacts
Ben Avenir Tupper
IR@duckhorn.com
(707) 339-9232
Media Contact
Jessica Liddell, ICR
duckhornpr@icrinc.com
(203) 682-8200