Pernod Ricard Overhauls Organizational Structure
August 30 2023 - 12:18PM
Dow Jones News
By Mauro Orru
Pernod Ricard is replacing its executive board with a new
executive committee and regrouping all markets into 10 management
entities, moves aimed at streamlining the organization to speed up
decision-making at different levels.
The French drinks group said Wednesday that the new executive
committee consists of nine roles, including executive vice
president for global brands, executive vice president for global
markets, North America chief executive and global director of
operations.
"In an increasingly complex and volatile environment, I am
confident our new organization will allow us to successfully move
to a new stage of sustainable, stretched, and profitable growth,
benefiting to all our stakeholders," said Chief Executive Alexandre
Ricard.
The group named Philippe Guettat executive vice president for
global brands, while Gilles Bogaert was appointed as executive vice
president for global markets.
Pernod also moved to remove the regional entities for Europe,
the Middle East and Africa as well as Latin America and Asia,
regrouping all markets into 10 management entities.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
August 30, 2023 13:03 ET (17:03 GMT)
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