Pernod Names Chairman, Targets Alexandre Ricard as CEO

Pernod Ricard SA (RI), France’s biggest distiller, will remain assured of its independence in the short, medium and long-term by the Ricard family’s holding, Le Figaro said, citing Alexandre Ricard,

Pernod started a process yesterday to promote Alexandre Ricard to the dual role of chairman and chief executive officer from 2015, following the death this month of his uncle Patrick Ricard. Societe Paul Ricard, through which the family holds its stake, owns 13.81 percent of the group, data compiled by Bloomberg shows.

To contact the reporter on this story: Alan Katz in Paris at akatz5@bloomberg.net.

To contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.net.

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