INTEGRATED ANNUAL REPORT 2021/2022

Strategic presentation of the group

SENIOR MANAGEMENT


Photo of Jean-Philippe Hecquet

Jean-Philippe Hecquet
(CEO Cognac division)

Photo of Élisabeth Tona

Élisabeth Tona
(CEO Liqueurs & Spirits)

Photo of Claire Brugnago

Claire Brugnago
(Chief Transformation Officer)

Photo of Ian McLernon

Ian McLernon
(CEO EMEA, North and South
Asia-Pacific and Travel retail)

Photo of Luca Marotta

Luca Marotta
(Groupe CFO)

Photo of Éric Vallat

Éric Vallat
(Groupe CEO)

Photo of Nicolas Beckers

Nicolas Beckers
(CEO Americas)

Photo of Sophie Phe

Sophie Phe
(CEO Chine*)

Photo of Marc-Henri Bernard

Marc-Henri Bernard
(Human Resources Director)

Photo of Patrick Marchand

Patrick Marchand
(Executive Vice President - Operations)

Photo of Simon Coughlin

Simon Coughlin
(CEO Whisky)

Photo of Carina Alfonso Martin

Carina Alfonso Martin
(Group Communications Director)

* Including Taiwan, Macau and Hong Kong.

Group Chief Executive Officer since 1 December 2019, Éric Vallat announced on 29 March 2022, a new enlarged Executive Committee, comprising eleven directors from six different nationalities and from a range of backgrounds: spirits, cosmetics, fashion and accessories, and tableware. These changes will be fully effective from 1 September. The role of this Executive Committee is to implement the Group’s strategy for 2030, which aims to continue its transformation and build a more sustainable, profitable and responsible business model, based on four strategic levers: enhancing the value per case of its spirits, moving towards a customer-centric business model, optimising portfolio management by accelerating the development of the flagship brands of Liqueurs & Spirits and implementing the "2030 Sustainable Exception" plan for more responsible growth.

Composition of executive compensation (excluding LTIP)
Fixed remuneration 57.7% of which CSR Bonus4.6% Variable remuneration 42.3
  • 50% based on quantitative criteria (Current Operating Profit, cash flow generation, net profit excluding non-recurring items, ROCE)
  • 50% based on qualitative criteria (including one CSR target)