80% of the Group's employees are now eligible and thus closely associated with Pernod Ricard's growth
80% of the Group's employees are now eligible and thus closely associated with Pernod Ricard's growth
Building on the success of its first employee shareholding operation in 2019, Pernod Ricard plans to once again involve its employees in the Group's growth and reward them for their daily commitment.
From 21 March 2022, Pernod Ricard employees will have the opportunity to participate in the Group's shareholding plan. Named "Accelerate", this plan contributes to the conditions for sustainable and profitable growth for all Pernod Ricard stakeholders, starting with its employees. The employee shareholding plan will allow all beneficiaries to acquire Pernod Ricard shares at advantageous conditions within the framework of the Group Savings Plan (PEG) and an International Group Savings Plan (PEGI).
For this second edition, and in line with the Group's ambition to extend this scheme to as many people as possible, seven new markets are now eligible. The launch of this plan is the result of nearly eight months of preparatory work by the Group's headquarters and the teams in the 24 markets associated with the project worldwide.
Alexandre Ricard;
"Already more than 80 years ago, our founder, Paul Ricard, was a pioneer in this field by offering Ricard employees innovative profit-sharing and employee savings schemes. I am particularly proud to be able to continue this commitment by offering a growing number of employees the opportunity to participate in our second employee share ownership plan. Our employees have always been at the heart of our success and have shown incredible resilience and commitment during these recent challenging years. Together with the Board of Directors, we wanted to involve them even more closely in Pernod Ricard’s growth."
The "Accelerate 2022" project was approved by the Board of Directors on 21 July 2021.
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About pernod ricard
Pernod Ricard is a worldwide leader in the spirits and wine industry, blending traditional craftsmanship, state-of-the-art brand development, and global distribution technologies. Our prestigious portfolio of premium to luxury brands includes 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, Malibu liqueur and Mumm and Perrier-Jouët champagnes. Our mission is to ensure the long-term growth of our brands with full respect for people and the environment, while empowering our employees around the world to be ambassadors of our purposeful, inclusive and responsible culture of authentic conviviality. Pernod Ricard’s consolidated sales amounted to € 12,137 million in fiscal year FY23. Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices