Ricard appointed Irish Distillers boss

PERNOD RICARD, the world’s second biggest drinks group, has appointed Alexandre Ricard chairman and chief executive of its Irish subsidiary, Irish Distillers.

Mr Ricard, 32, is the nephew of Patrick Ricard, current chairman and chief executive of the group.

He takes over from Paul Duffy, who has been promoted to chairman and chief executive of Pernod Ricard USA.

Both appointments take effect on 1 July 2008.

Mr Duffy, 42, is a chartered accountant and has been with Irish Distillers since 1994. In 2001 he moved to Britain where he was appointed head of British operations following his involvement in the £2 billion (€2.54bn) takeover of Seagram.

Since 2005 he has been chairman of Irish Distillers, where he has overseen development of the Irish operations and driven the success of Jameson internationally, the world’s fastest growing whiskey brand for several years.

Jameson is part of the French Group’s leading brands.

Irish Distillers owns five of the top 10 spirit brands including Jameson, Powers Gold Label, Paddy, Huzzar and Cork Dry Gin.

Alexandre Ricard started his career with Banque Indosuez in Milan and then worked with Andersen Consulting in Paris and Morgan Stanley in London.

He joined Pernod Ricard in 2003 and came to Ireland as finance and administration director of Irish Distillers.

Since September 2006, he has been head of Pernod Ricard Asia Duty Free, based in Hong Kong.

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