The Duckhorn Portfolio, Inc. announced that Alex Ryan is retiring from his role as President, Chief Executive Officer and Chairman of the company. The Duckhorn Board of Directors has appointed Deirdre Mahlan, a veteran of the alcohol and beverage industry, as interim President, Chief Executive Officer and Chairperson, and has initiated a search for a new leader. Mahlan, who has been a member of the Board since 2021, spent nearly 20 years in leadership at Diageo, including serving as CEO for Diageo North America between 2015 and 2020.

She previously served as Diageo?s Chief Financial Officer, Deputy Chief Financial Officer and Head of Tax and Treasury. Mahlan is supported by a veteran Duckhorn leadership team that boasts more than 60 years combined experience with the company.