After five years of activity within the Rémy Cointreau group, the current CEO Eric Vallat has chosen to terminate his contract. In this context, the chair of the board of directors, Marie de Leusse, is overseeing the transition pending the appointment of a successor to the general management of the spirits giant.
In a press release dated April 9, the Rémy Cointreau Group announced the resignation of its CEO Eric Vallat, whose departure will be effective this summer.
The group, which owns fourteen brands including Rémy Martin and Louis XIII cognacs and Rémy Cointreau liqueur, said it has already set up “a selection process” in order to “appoint as soon as possible [Eric Vallat’s] successor, who will continue the group’s value strategy with a fresh perspective, while building on the solid foundations established over the years.”
This process of handing over power is supervised by the current chair of the board of directors, Marie de Leusse. She also ensures “the continuity of the group’s activities and the proper implementation of the strategic direction”.
26 years in luxury
Eric Vallat took over as head of Rémy Cointreau in 2019. In fact, the current CEO joined the group in January 2014 as CEO of the great cognac house Rémy Martin, a position he held for six years.
The chairwoman of the board of directors of the Rémy Cointreau group, Marie de Leusse, praised his commitment, leadership and strategic vision.
His term of office was marked by the pandemic, which saw a strong resilience in spirits sales over the period in China, followed by three years of record post-COVID sales in the United States. And this, before giving way to a more uncertain environment.
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Featured photo: The chair of the board of directors of the Rémy Cointreau group, Amélie de Leusse, with outgoing director Eric Vallat © Rémy Cointreau
