Rémy confirms Chapoulaud-Floquet as CEO

Rémy Cointreau said it was embarking on a “new era” today as it confirmed Valérie Chapoulaud-Floquet as CEO of the group after a three-month probationary period.

Valérie Chapoulaud-Floquet

Commenting on her confirmed role at the drinks company, François Hériard Dubreuil, chairman of the board of directors said that Chapoulaud-Floquet’s vision for Rémy Cointreau was “both ambitious and bold”, and “heralds a new era in the history” of the group.

Hériard Dubreuil also said of the new CEO, “Valerie owns all the invaluable qualities and experience to strengthen the group’s leadership in the high-end spirits sector and to continue its international expansion.”

News of Chapoulaud-Floquet’s move to Rémy Cointreau broke in June last year, although she took up the post of CEO in September.

She has spent over 20 years with the L’Oréal Group where she held executive positions in Asia, Europe and North America.

After heading the luxury products division at L’Oréal in the US, she joined Louis Vuitton in 2008 where she became CEO the Americas region.

Since taking up her position at Rémy, Chapoulaud-Floquet has announced an enlarged management team as the executive committee rises from six to 12 members, with the addition of the managing directors for the EMEA, Americas, Asia and Global Travel Retail, as well as for the following brands: House of Rémy Martin, Louis XIII & Mount Gay, Liqueurs & Spirits, Bruichladdich and The Botanist.

Chapoulaud-Floquet joined Rémy at a difficult time – the group had suffered a net profit slide of 46.9% and sales fall of 13.5% in its final 2013/14 results.