Housing pop is no bubble: Trulia CEO
At the Reuters Tech Summit, Trulia chief executive Pete Flint says private equity investors are starting to pull back from buying U.S. real estate, while overseas buyers are coming on strong once again. Video
Read
- Journalist who brought down U.S. general is killed in Los Angeles car crash
- Kanye West wins over critics with 'daring' new album 'Yeezus'
- Angelina Jolie stunt double sues News Corp over hacking
- Massachusetts police search NFL player's home in homicide probe: report
- UPDATE 2-United Dreamliner diverted due to possible oil filter problem
Sponsored Links
Daniele Ricard to become Pernod chairman: report
PARIS |
PARIS (Reuters) - Pernod Ricard (PERP.PA) board member Daniele Ricard, 73, will replace her late brother Patrick Ricard as non-executive chairman of the world's second-largest spirits maker, French website Wansquare reported.
The board approved Daniele Ricard's appointment at a meeting earlier on Wednesday, it said.
A Pernod Ricard spokeswoman confirmed that the board had met to review full-year accounts for publication on Thursday. She declined to comment on the report.
Patrick's nephew Alexandre Ricard, 40, will also become deputy chief executive, while incumbent chief executive Pierre Pringuet takes on the additional role of vice-chairman, Wansquare added, without citing sources.
Patrick Ricard, whose father Paul founded the manufacturer of the eponymous aniseed-flavoured liquor in Marseille in 1932, died suddenly on Friday, aged 67.
Analysts had told Reuters last week that Alexandre Ricard was expected to become chief executive, fulfilling his uncle's wish that the founder's French heirs remain at the helm of a global business that includes Jameson Whisky and Absolut Vodka, alongside Ricard and Pernod pastis.
Pringuet, the first person outside the Ricard family to hold the CEO post, is due to retire in 2015. The family is Pernod Ricard's largest shareholder with a 14 percent stake.
(Reporting by Dominique Vidalon; Editing by Helen Massy-Beresford)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints



Follow Reuters