Pernod Ricard performs management shake-up after reporting strong growth
Laurent Lacassagne is leaving his role as chairman and chief executive at Chivas Brothers after 30 years at Pernod Ricard.
Lacassagne held several positions at the French drinks giant, including chief financial officer and director general Europe, before taking the top job at its Chivas Brothers arm.
He is replaced by Jean-Christophe Coutures, who previously served as chairman and chief executive of its Irish Distillers arm, responsible for Jameson.
Chivas Brothers is the second largest supplier of Scotch whisky, encompassing brands such as Ballantine’s, Chivas Regal, Glenlivet, Aberlour and Scapa.
A shake-up at parent company Pernod Ricard has seen Christian Porta appointed to the newly created position of managing director for global business development
Gilles Bogaert has replaced Porta as chief executive of Pernod Ricard’s Europe, Middle East, Asia and Latin America business.
Hélène de Tissot becomes group finance, IT and operations director, while Conor McQuaid has taken over as chairman and chief executive at Irish Distillers, and Philippe Coutinis is now chief executive of the individual Ricard and Pernod companies, which supply the pastis that gives the group its name.
Pernod Ricard today reported organic first-half profit growth of 5.7%, an improvement on the forecasted 4%, thanks largely to a strong performance in China.
It has now raised its annual profit growth outlooked after the forecast-beating earnings rise.
“The fact that we raised our guidance at this point of the year reflects our confidence,” said chairman and chief executive Alexandre Ricard, who heads up all the various sub-divisions of the company. “We expect sustained and diversified growth to continue across our regions and brands.”