Wine Industry Veteran Tapped for Overseeing Company’s Continued Financial Growth
Napa, Calif., November 19, 2018 – C. Mondavi & Family (http://www.cmondavifamily.com/), the parent company behind iconic wineries and brands such as Charles Krug, CK Mondavi and Purple Heart Wines, is pleased to announce Claire Hobday as the company’s chief financial officer. The appointment is effective immediately.
Hobday’s tenure in the finance industry spans over 20 years, with 16 at an executive level and seven in wine industry financial leadership roles. Most recently, Hobday acted as director of finance and accounting of wine entities for Pacific Union Company. In this role she provided strategic financial leadership and reporting for notable wine entities such as Harlan Estate Winery and BOND Estates.
“I am thrilled to bring my experience and industry expertise to the C. Mondavi & Family executive team” says Hobday. “C. Mondavi & Family brands such as Charles Krug provide unparalleled history, multi-generation legacy and fantastic facilities. I am excited to further grow California’s most historic, family-owned wine company.”
Beyond her latest industry role, Hobday worked as finance director for Treasury Wine Estates where she lead the Beringer brand business unit in Napa. There she provided financial leadership and grew the Beringer Brands globally with annual sales revenues totaling $500 million. Hobday further received an executive MBA in Wine Business at Sonoma State University, graduating in 2018 and acting as commencement speaker. She also holds a Level II WSET certification.
“We are greatly looking forward to the breadth of industry knowledge Claire brings to the table,” notes Judd Wallenbrock, CEO of C. Mondavi & Family. “Her work with family wineries, skills and intimate knowledge of both the financial sector and the wine industry overall is going to help elevate our internal financial operations, allowing our brands to prosper.”
About C. Mondavi & Family:
In 1943, Italian immigrants Cesare and Rosa Mondavi purchased the historic Charles Krug property, which remains a family-owned winery producing estate-driven Napa Valley wines. The brands of C. Mondavi and Family—Charles Krug, CK Mondavi, and Purple Heart Wines—were built on a foundation of family values, hard work and a European winemaking tradition. The wineries are under the direction of Peter Mondavi Jr. and Marc Mondavi, who steward the family business passed to them by their father, legendary Napa Valley wine icon Peter Mondavi Sr. The family is now proudly welcoming members of the fourth generation to the business, continuing a legacy started over 70 years ago and setting a foundation for generations to come. For additional information, please visit https://www.charleskrug.com/