Pernod Ricard makes senior management changes

12 June, 2012

Pernod Ricard has announced several senior management moves "in line with its policy of internal promotion and international mobility".

Lionel Breton, chairman & CEO of Martell Mumm Perrier-Jouët is to retire on October 1, 2012. He has spent almost 30 years with the company. His replacement is to be Philippe Guettat, currently chairman & CEO of The Absolut Company. Guettat is a member of the Pernod Ricard group executive committee and will report to Thierry Billot, managing director, brands.

Paul Duffy, currently president & CEO of Pernod Ricard USA, is appointed chairman & CEO of The Absolut Company, effective September 1, 2012. Based in Stockholm, he will be a Pernod Ricard group executive committee member and will also report to Billot. Duffy is to be replaced by Bryan Fry, who is currently president & CEO of Pernod Ricard Brasil. Based in New York, Fry will be a member of the Pernod Ricard Americas management committee and will report to Philippe Dréano, chairman & CEO of Pernod Ricard Americas.

Thibault Cuny, currently chief financial officer of Pernod Ricard USA, is appointed president & CEO of Pernod Ricard Brasil, effective September 1, 2012, replacing Fry. Based in Sao Paulo, Thibault will be a member of the Americas management committee and will also report to Dréano.

John Nicodemo, currently chief operating officer of Pernod Ricard Korea, is appointed CFO of Pernod Ricard USA, effective September 1, 2012. He will be based in New York and report to Fry. He will also be a member of the management committee.





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