USA: Mondavi names new CFO among management appointments
The news comes after the family-run business announced in May that Gregory Evans had been named president and chief executive, replacing R. Michael Mondavi, who became chairman.
"Today's announcement is a continuation of the process we began last month when we announced Greg's promotion," Mondavi said in a statement Tuesday.
Salvo was also named executive vice president.
The company also announced the appointment of three senior managers to head new strategic business units (SBU's) at the company. The move is designed to achieve greater consumer focus and identify future growth opportunities by aligning each strategic unit with a key segment of the company's brands, a statement said.
Named as senior vice presidents heading the business units are: Gayle Dargan, Robert Mondavi brand, Dennis Joyce, Woodbridge brand, and Gregory J. Brady, joint ventures and other brands.
"These changes will enable us to better clarify, leverage and invest in the Robert Mondavi name and philosophy," said Gregory M. Evans, president and CEO. "Each SBU will be charged with maximizing financial returns by identifying new business opportunities and synergies."
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