Spirits giant Pernod Ricard has named Patricia Barbizet its new lead independent director, effective immediately.
She will be responsible for the board’s shareholder engagement relationship in matters related to corporate governance, and work towards improving Pernod Ricard’s governance profile.
Barbizet will replace Nicole Bouton as the chair of the group's nominations, governance sustainability, and responsibility committee.
Reinforcing Corporate Governance
Chief executive Alexandre Ricard, said, “the decision taken by the Board to create the role of lead independent director is the continuity of a thought process that started in July 2018, following the triennial external review of the board and the feedback we’ve received from our long-term shareholders.
"I am delighted that Patricia Barbizet, an authority on governance matters, has accepted such nomination by the board. We look forward to leveraging her insights and leadership experience to assist Pernod Ricard with the further reinforcement of our governance."
Seasoned Professional
Barbizet is a seasoned professional with expertise in corporate governance.
In November of last year, Barbizet became an independent director of Pernod Ricard. Currently, she is also a director at AXA, Fnac Darty and Total, and the chairperson of the French Haut Comité de Gouvernement d’Entreprise.
In a career spanning more than four decades, Barbizet has held several top positions in various organisations. She was appointed the chief financial officer of the Pinault Group in 1989, and then went on to become the chief executive officer of Artémis.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.
