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Rémy Cointreau CEO Leaves Citing 'Personal Reasons'

Zoom in font  Zoom out font Published: 2014-01-06  Views: 10
Core Tip: Frederic Pflanz (pictured) has stepped down from his position as CEO of French Spirits Group Rémy Cointreau, citing personal reasons.
Frederic Pflanz (pictureFrederic Pflanzd) has stepped down from his position as CEO of French Spirits Group Rémy Cointreau, citing personal reasons.

In a statement released yesterday, Rémy Cointreau said that board chairman Francois Hériard Dubreuil will temporarily take on the responsibilities of chief executive officer, adding that the group's strategy remains unchanged.

Pflanz only took office in June of 2013, replacing Jean-Marie Laborde, after three years spent in the group. He served as Chief Financial Officer in 2010 before becoming executive director in 2012.

The company's year end balance sheet shows that turnover for 2013 decreased by 6.3% to €558 million from €595.8 million the previous year.

 
 
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