Integrated Annual Report FY23

Our Board of Directors

Our Board of Directors

The Board of Directors oversees the governance of Pernod Ricard in an ethical and transparent manner while ensuring that the business is managed in the best interests of its stakeholders. Composed of 14 members bringing complementary skills and experience, the Board ensures that the Group pursues its business strategy, with the primary goal of increasing the value of the Company.

  • Alexandre RicardChairman & CEO, Executive Corporate Officer, Strategic Committee Chairman
  • Anne Lange Independent Director,
    Strategic Committee Member, Nominations and Governance, Committee Member
  • Philippe Petitcolin

    Independent Director,
    Audit Committee Chairman, Strategic Committee Member

  • Patricia Ricard Giron

    Permanent Representative of Société Paul Ricard, Director Strategic Committee Member

  • Virginie Fauvel

    Independent Director,
    Strategic Committee Member

  • Ian Gallienne

    Independent Director,
    Strategic Committee Member, Compensation,
    Committee Member

  • Kory Sorenson

    Independent Director, Compensation,
    Committee Chairwoman,
    Audit Committee Member

  • Veronica Vargas

    Director,
    CSR Committee Member

  • Namita Shah

    Independent Director,
    CSR Committee Member

  • César Giron

    Director, Nominations and Governance,
    Committee Member

  • Patricia Barbizet

    Lead Independent Director, Nominations and Governance, Committee Chairwoman,
    CSR Committee Chairwoman, Compensation,
    Committee Member

  • Wolfgang Colberg

    Director,
    Audit Committee Member

  • Carla Machado Leite

    Director representing employees

  • Brice Thommen

    Director representing employees, Compensation,
    Committee Member

Organisation

In accordance with the AFEP-MEDEF Code of Corporate Governance for listed companies, Pernod Ricard respects the independence criteria established in the Code. The Board is comprised of 14 members, seven of whom are independent and two of whom represent Group employees. Following the recommendation of the Nominations and Governance Committee as of 23 January 2019, the Board appointed a Lead Independent Director.

The Internal Regulations stipulate that the Board members must meet at least six times per year for meetings that are presided by the Chairman of the Board, who is also Pernod Ricard’s Chief Executive Officer. The Chairman reports on the Board’s progress at the Annual Shareholders’ Meeting. The Chairman is tasked with ensuring that the Group’s bodies run smoothly, which includes providing the Directors with the information and resources they need to fulfil their duties. The role of the Lead Independent Director is notably to convene and chair the meetings of the Board of Directors in the absence of the Chairman & CEO; conduct the annual assessment of the functioning of the Board of Directors on the basis of individual interviews with each Director; prevent the occurrence of conflict of interest situations; ensure compliance with the rules of the AFEP-MEDEF Code and the Board’s Internal Rules and Regulations; convene and chair the Executive Session; review shareholder requests for corporate governance and ensure that they are answered; and meet with the Company’s investors. In order to further root its work in the Group’s daily business operations, the Board holds one meeting per year in an operating affiliate.