New Appointments to Pernod Ricard’s management team from 1 July 2008 - Two new Deputy Managing Directors: Thierry Billot and Michel Bord06/26/2008
From 1 July 2008, the management team of Pernod Ricard will be strengthened by the appointment of two new Deputy Managing Directors:
Michel Bord has been promoted to Deputy Managing Director in charge of the Distribution Network. His duties include the organisation and control of the Group’s distribution networks, as well as the implementation of brands’ strategies in the markets, working together with the Deputy Managing Director of Brands.
From 5 November 2008, the date of the next Annual General Meeting, the separation of the office of Chairman of the Board of Directors and Managing Director will take place and the new Group management team will then comprise a Chief Executive Officer, Pierre Pringuet, together with four Deputy Managing Directors.
Michel Bord, 56, BA in Literature, joined the Group, in May 1991, as Managing Director of PRACSA (subsidiary of the Group in Spain) after having held various managing positions at Seagram. He was appointed Chairman and Chief Executive Officer of Pernod Ricard USA in October 1996 before becoming Chairman and Chief Executive Officer of Pernod Ricard North America. Since January 2006, he has been Chairman and Chief Executive Officer of Pernod Ricard Americas.
About Pernod Ricard
Pernod Ricard is the world’s n°2 in wines and spirits with consolidated Sales of € 8,682 million in 2015/16. 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 18,500 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.
Contacts Pernod Ricard
Julia MASSIES / VP, Financial Communication & Investor Relations
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Adam RAMJEAN / Investor Relations Manager
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Sylvie MACHENAUD / Director External Communications
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Emmanuel VOUIN / Press Relations Manager
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Apolline CELEYRON / Press Relations Officer
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