PARIS--(BUSINESS WIRE)--Regulatory News:
Pernod Ricard (Paris:RI):
Press release - Paris, 11 February 2016
“Our organization and ways of working must be fully aligned with our topline growth objective. Operational excellence is a prerequisite, with simplification and speed of execution the main drivers.”
Alexandre Ricard, Chairman & CEO, Pernod Ricard
In line with the above objectives, the Group has decided to carry out the following organizational changes, effective July 1st, 2016.
1/ Simplification of the Americas region to concentrate on its core business: the United States and Canada. The new entity will have a direct representative on the Executive Committee (COMEX), strengthening its focus on the US, the Group’s largest market.
2/ Creation of two new “Management Entities” aligned with the Pernod Ricard EMEA model:
- With Mexico as lead market, together with Venezuela, Colombia and Pernod Ricard Andes (Chile, Peru);
- With Brazil as lead market, together with Argentina and Uruguay.
The two new Management Entities will report to Pernod Ricard EMEA and will leverage the region’s expertise on emerging markets.
3/ Creation of a position of CEO, Global Travel Retail, reporting directly to Headquarters. This new position will reinforce coordination between the three Travel Retail regions (Europe, Americas and Asia) and the domestic Travel Retail teams, facilitate the rollout of best practices and improve the coherence of Group initiatives in this priority distribution channel.
These operational changes will entail the following executive transfers:
- Paul Duffy, currently Chairman & CEO of The Absolut Company and a member of the COMEX, is appointed Chairman & CEO of Pernod Ricard North America and CEO of Pernod Ricard USA. Philippe Dréano, the current Chairman & CEO of Pernod Ricard Americas, has decided to retire after an exemplary career spanning 27 years with the Group. Bryan Fry, currently Managing Director, Pernod Ricard USA, is appointed Managing Director, Pernod Ricard Pacific and will report to the Chairman and CEO of Pernod Ricard Winemakers. He replaces Julien Hémard whose new appointment will be announced shortly.
- Anna Malmhake, currently Chairman & CEO of Irish Distillers and a member of the COMEX, is appointed Chairman & CEO of The Absolut Company.
- Jean-Christophe Coutures, currently Chairman & CEO of Pernod Ricard Winemakers and a member of the COMEX, is appointed Chairman & CEO of Irish Distillers.
- Bruno Rain, currently Managing Director in charge of Group Human Resources & Corporate Social Responsibility and a member of the COMEX, is appointed Chairman & CEO of Pernod Ricard Winemakers.
- Cédric Ramat, currently VP Human Resources for Pernod Ricard Americas, is appointed Human Resources and Corporate Social Responsibility Director and will become a member of the COMEX.
- Mohit Lal, currently Managing Director of Pernod Ricard Travel Retail Asia, is appointed Chairman & CEO of Pernod Ricard Global Travel Retail in addition to holding his current position, and will become a member of the COMEX.
The two new Management Entities will be led by:
- Noël Adrian, Managing Director of Pernod Ricard Mexico;
- Thibault Cuny, Managing Director of Pernod Ricard Brazil.
Following these changes, the Group’s Executive Committee will now include members of 5 different nationalities.
“A company's success depends above all on the women and men who bring it to life. Our Group’s strength comes from these talents of diverse origins and backgrounds and our principle of global mobility, as illustrated by these organizational changes. In this spirit, I would like to pay tribute to Philippe Dréano for his unfailing commitment to our Group’s development over the last 30 years”.
Chairman & CEO of Pernod Ricard Americas
Philippe Dréano graduated from ESSEC Business School. He joined Pernod Ricard in 1989 as Marketing Manager at SEGM. In 1991 he was appointed Regional Export Director for Pernod International and later, in 1994, Managing Director of Perithai (now Pernod Ricard Thailand). In 1996, he was appointed Managing Director of Pernod Ricard Japan before becoming Chairman & Chief Executive Officer of Pernod Ricard Asia in 2000. He has been Chairman & Chief Executive Officer of Pernod Ricard Americas since 1st July 2009.
Chairman & CEO of The Absolut Company is appointed Chairman & CEO of Pernod Ricard North America and CEO of Pernod Ricard USA.
Paul Duffy holds a Bachelor in Business Studies from Trinity College and FCA. He joined Pernod Ricard as Assistant Finance Director Treasury / Planning of Irish Distillers in 1994. In January 1996, he was appointed Financial Controller Irish Distillers Group, and became its Finance Director in March 1997. In January 2001 he was appointed Managing Director of Pernod Ricard UK and in May 2005, took up the position of Chairman & CEO of Irish Distillers. In July 2008, he became President and CEO of Pernod Ricard USA and since September 2012 he became the CEO of The Absolut Company.
Chairman & CEO of Irish Distillers is appointed Chairman & CEO of The Absolut Company.
Anna Malmhake holds a Bachelor of Social Science, Business and Law
degree from the University of Stockholm. She started her career
in 1991 at Procter & Gamble in Sweden and then joined The Coca Cola
Company in Stockholm at the end of 1996 where she held various marketing
From 2001 to 2003, Anna worked for Motorola in Sweden, London and Chicago. Returning to work in Sweden at the end of 2003, she became Managing Director of Temo AB, a Swedish consulting firm in the fields of consumer insights, opinion polls and innovation. She joined the Absolut Company in 2007 as Global Brand Director and, in September 2009, was appointed Marketing Director of the ABSOLUT Company. Anna joined Irish Distillers as Chairman & CEO on September 1st 2011.
Chairman and CEO of Pernod Ricard Winemakers is appointed Chairman & CEO of Irish Distillers.
Jean-Christophe Coutures is a graduate of ESCP Business School. He joined Pernod Ricard in 1997 as Business Analyst at CSR Pampryl before being appointed Chief Financial Officer of Pernod Ricard Asia in 2000 and Managing Director of Pernod Ricard Korea in 2005. In 2006, he became Managing Director of Jinro Ballantine’s Company Limited (JBC) and Jinro Ballantine’s Import Company Limited (JBI C). In 2008, he was appointed Head of Pernod Ricard Pacific. In 2010, he became Chairman & Chief Executive Officer of the newly created affiliate Premium Wine Brands, now Pernod Ricard Winemakers.
Managing Director, Human Resources and Corporate Social Responsibility is appointed Chairman & CEO of Pernod Ricard Winemakers.
A graduate of HEC Business School, Bruno Rain joined Pernod Ricard in 1987 as an Internal Auditor. In 1989, he was appointed Finance and Administration Director of SEGM, before becoming Group Chief Financial Officer in 1994. In early 1997, he was appointed Managing Director of Pernod Ricard Argentina. In 2000, he was appointed Managing Director of the Group’s Spanish subsidiary (now Pernod Ricard España). He became Managing Director, Human Resources on 1st September 2006. In 2010, he was also given responsibility for the Group’s Corporate Social Responsibility Policies: Responsible Drinking, Environmental Responsibility and Social Ethics.
VP Human Resources Executive of Pernod Ricard Americas is appointed Human Resources and Corporate Social Responsibility Director.
Cedric Ramat holds a Master Degree in HR Management from Paris-Dauphine University. Prior to joining Pernod Ricard, he worked at Microsoft as Training & Compensation Manager. In 1993, he joined Orangina France where he held successively the positions of HR Manager, Regional Sales Director and HR Director. After the merger of Orangina and Pampryl, he became Human Resources & Information Systems Director of Orangina Pampryl in 1999, before joining Ricard SA as HR Director in 2002. Since July 2008, Cédric has been the Executive VP Human Resources of Pernod Ricard Americas.
Managing Director of Pernod Ricard Asia Travel Retail is appointed Chairman & CEO of Pernod Ricard Global Travel Retail.
Mohit Lal graduated from the Shri Ram College of Commerce in New Delhi as a Business Science expert and accountant. After starting his career within Nestlé India and managing Perfetti India’s finances from 1996 to 1999, in November 1999, he joined Seagram India as Financial Director, a position he held until 2006, the company having been acquired by Pernod Ricard in 2001 and renamed Pernod Ricard India in 2005. After serving as Irish Distillers’s Financial Director from 2006 to 2011, he returned to India as Managing Director of Pernod Ricard India in 2011. He was then appointed Managing Director of Pernod Ricard Travel Retail Asia in 2015.
Managing Director Pernod Ricard USA is appointed Managing Director Pernod Ricard Pacific
Bryan Fry holds a Bachelor’s Degree in Applied Science from the University of Adelaide and a Graduate Diploma in Economics from the University of New England. He joined Orlando Wyndham Group in February 1995 and was appointed National Agribusiness Manager in 1998 and Regional Manager Asia/Pacific for Orlando Wyndham in 2000. Bryan was appointed Marketing Manager, Wyndham Estate in May 2004. In February 2006 he was appointed Vice President Marketing Pernod Ricard Asia before becoming Managing Director of Pernod Ricard Brasil in July 2009. Since September 2012, Bryan has been Managing Director of Pernod Ricard USA.
Managing Director of Pernod Ricard Mexico
Noël Adrian holds a degree in Economic Sciences and a Masters from the Centre d’Etudes du Commerce Extérieur (EUROMED). He joined Pernod Ricard in 1989 as Export Director of Cusenier & Crus et Domaines de France. He became Managing Director of Havana Club International in 1994 at the creation of the joint venture, based in Cuba. He then moved to Greece in 2001 as Managing Director of Pernod Ricard Hellas. In 2005, he was appointed Managing Director of Pernod Ricard Italia, before becoming Managing Director of Pernod Ricard Italy-Switzerland cluster in 2009. In September 2011, Noël Adrian was appointed Deputy Managing Director of Pernod Ricard EMEA and then became Managing Director of Pernod Ricard Mexico in July 2014.
Managing Director of Pernod Ricard Brasil
Thibault Cuny graduated from EDHEC Business School. After a few years at Arthur Andersen and Ernst & Young, he joined Pernod Ricard Holding in October 2003 as Audit and Development Manager. He was then appointed Executive Vice President – Finance at Pernod Ricard South Asia in October 2006 and in March 2009 he became Chief Financial Officer of Pernod Ricard USA. Since August 2012, Thibault has been Managing Director of Pernod Ricard Brasil.
About Pernod Ricard
Pernod Ricard is the world’s n°2 in wines and spirits with
consolidated Sales of € 8,558 million in 2014/15. Created in 1975 by the
merger of Ricard and Pernod, the Group has undergone sustained
development, based on both organic growth and acquisitions: Seagram
(2001), Allied Domecq (2005) and Vin&Sprit (2008). Pernod Ricard holds
one of the most prestigious brand portfolios in the sector: Absolut
Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute and The
Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana
Club rum, Beefeater gin, Kahlúa and Malibu liqueurs, Mumm and Perrier-
Jouët champagnes, as well Jacob’s Creek, Brancott Estate, Campo Viejo,
Graffigna and Kenwood wines. Pernod Ricard employs a workforce of
approximately 18,000 people and operates through a decentralised
organisation, with 6 “Brand Companies” and 85 “Market Companies”
established in each key market. Pernod Ricard is strongly committed to a
sustainable development policy and encourages responsible consumption.
Pernod Ricard’s strategy and ambition are based on 3 key values that
guide its expansion: entrepreneurial spirit, mutual trust and a strong
sense of ethics.
Pernod Ricard is listed on Euronext (Ticker: RI; ISIN code: FR0000120693) and is part of the CAC 40 index.