Changes to the Pernod Ricard Executive Committee

Regulatory News:

Press release – 7 November 2019

Pernod Ricard (Paris:RI) announces that Paul Duffy, Chairman & Chief Executive Officer of Pernod Ricard North America and a member of the Group’s Executive Committee (COMEX), has declared his intention to leave the group to return to Ireland. He will be replaced as of 2 December, 2019 by Ann Mukherjee, currently Chief Commercial Officer of S. C. Johnson & Son, a global family manufacturer of household and professional products. Paul will continue to serve until Ann’s arrival.

On this occasion, Alexandre Ricard, Chairman and Chief Executive Officer of Pernod Ricard, acknowledged Paul’s time and commitment to Pernod Ricard over an extensive and successful career, saying "Paul will be remembered as one of our management team members who accompanied the growth of our Group over the last 25 years. We wish him the best for his return to Ireland. I am very pleased to welcome Ann to our Executive Committee. Her comprehensive marketing and commercial expertise will not only undoubtedly contribute to furthering the transformation of our ever-more consumer-oriented company, but to achieving our first and foremost objective: to accelerate our growth in our number one market, the United States."

Seperately, after 32 years of a distinguished career within Pernod Ricard, Bruno Rain will be retiring from the Group and from his role as Chairman and Chief Executive Officer of Pernod Ricard Winemakers.

Bryan Fry, currently Managing Director of Pernod Ricard Pacific, has been appointed Chairman and Chief Executive Officer of Pernod Ricard Winemakers, replacing Bruno with effect December 2nd, 2019. He will report into Christian Porta, Group Managing Director of Global Business Development, and will be a member of the Group’s Executive Committee (COMEX). Bryan‘s first mission will be to create the conditions to accelerate the growth of our wine business and its long-term profitability. During the coming weeks before he retires, Bruno will support the transition of the new Chairman and CEO.

Alexandre Ricard commented, "I would like to take this opportunity to thank Bruno for his commitment and contribution to the Group over the past 32 years. He has played a key role in the Group’s development, both in senior positions at Group Headquarters and leading Market and Brand Companies. We wish him every success in his future endeavors.”