ENXTPA:RIBeverage
How Investors Are Reacting To Pernod Ricard (ENXTPA:RI) Creating New ‘Gold’ And ‘Crystal’ Brand Units
Pernod Ricard SA recently reshaped its leadership structure, promoting Irish Distillers CEO Nodjame Fouad to head the new ‘Gold’ brand unit and appointing The Absolut Company CEO Stéphanie Durroux to lead the ‘Crystal’ unit, both reporting to newly created executive vice-president Jean-Etienne Gourgues.
This reorganization groups major whiskey, cognac, champagne and unaged spirits brands into focused units, signalling a clearer, portfolio-led approach to managing the company’s key...