Rémy CEO resigns after three months

Rémy Cointreau has announced the resignation of CEO Frédéric Pflanz just three months after he stepped into the role.

Frédéric Pflanz

Frédéric Pflanz

The decision, which was made “for personal reasons”, will see Pflanz remain with the group as development director, allowing him to retain responsibility for “specific assignments that he has already initiated.”

Until a replacement is found the role of CEO will be taken on by Rémy Cointreau chairman François Hériard Dubrueil, who will be supported by the executive committee.

Prior to taking on the post of CEO, Pflanz had spent more than three years with the group as CFO, adding the role of COO to his responsibilities at the end of 2012.

This stumbling block for the group, whose brand portfolio includes Rémy Martin, Cointreau, Metaxa, Mount Gay and Bruichladdich, comes just over a month after it reported a 6.3% sales decline for the first half of 2013. The same period saw net profits fall by 20%, which the group attributed to a Chinese slowdown in sales of luxury goods.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Sales Manager

The Drinks Business
London, UK

Buyer

Liberty Wines
London, UK

HR Co-ordinator

Liberty Wines
London, UK

Director of Sales

Gulf Brands International
Bahrain

Head of Trade Marketing

Lanson International UK Ltd
London W1

Customer Development Manager

Love Drinks
London, UK

Junior Brand Manager x2

Enotria&Coe
London, UK

Assistant Brand Manager

Swallow Associates Ltd
Kings Langley, UK

Brand Manager

Swallow Associates
Kings Langley, UK

Events Co-ordinator

Liberty Wines
London, UK

Champagne Masterclass

London,United Kingdom
10th Sep 2018

THE GREATEST ITALIAN SPARKLING WINES TASTING

London,United Kingdom
10th Sep 2018

Cape Wine 2018

Cape Town,South Africa
12th Sep 2018
Click to view more

The Global Beer Competition

Deadline : 22nd August 2018

The Global Malbec Masters 2018

Deadline : 1st September 2018

Click to view more

Cabernet Sauvignon Masters 2018

the drinks business is proud to announce the fifth year of its Global Cabernet Sauvignon Masters

The Global Pinot Noir Masters 2018

the drinks business is proud to announce the fourth year of the Global Pinot Noir Masters, the most extensive competition in the Global Masters series.

Click to view more