ST. HELENA, Calif.--(BUSINESS WIRE)--The C. Mondavi & Family board of directors has appointed John Lennon interim president and CEO effective today. One of Napa’s oldest wine companies, C. Mondavi & Family is growing with successful brands C. K. Mondavi, Charles Krug, Divining Rod and Purple Heart. The company begins a five-year strategic plan in 2017 to pursue significant further growth. C. Mondavi & Family is investing in a new president and CEO to pursue its growth objective and has engaged in a national search to fill the permanent position. Pascal Levensohn, chairman of the board of directors, commented, “We appreciate departing CEO Mike Jaeger’s positive contribution to the company over the past five and one half years. The entire C. Mondavi & Family operation wishes Mike well in the future.”
Lennon has served as president, CEO, general manager and marketing vice president while working for International Beverage Holdings (INTERBEV), Pabst Brewing Company, INBEV, Pyramid Breweries and Nestle, among others. He has a background leading companies through transitions while improving financial performance. Lennon holds an MBA in marketing and finance from Syracuse University.
“We are very excited about this next year. Mr. Lennon has terrific leadership skills to move C. Mondavi & Family Inc. forward. He is knowledgeable about our industry and able to lead with an orientation toward company growth,” said brothers Peter Mondavi Jr. and Marc Mondavi.
“I’m proud of the foundation that the company has set for its future growth. I wish the family and employees much success moving forward,” said Mike Jaeger, previous CEO and president.
About C. Mondavi & Family Inc.
C. Mondavi & Family Inc. is owned by the children and grandchildren of Peter Mondavi Sr. Headquartered in St. Helena, Calif., the company’s charter is to grow and preserve the legacy of one of the Napa Valley’s legendary family-owned wine business by empowering a team of talented employees to champion an entrepreneurial and innovative culture. Owning over 1,800 acres of Napa and California vineyard land, the company produces approximately 1.7 million cases annually.
