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How the CEO of Moët Hennessy NA Is Modernizing Luxury Brands

How the CEO of Moët Hennessy NA Is Modernizing Luxury Brands

Entrepreneura day ago
Opinions expressed by Entrepreneur contributors are their own.
I sat down with Chris Gabaldon, CEO of Moët Hennessy North America, who is just over a year into his role. It's his first time leading a company as CEO, and yet the portfolio he oversees is anything but novice. Moët & Chandon, Hennessy, Dom Pérignon — these are just some of their brands woven into cultural milestones for centuries. What struck me wasn't just the weight of the legacy he's stewarding, but how grounded and candid he was about the challenge.
Chris didn't come up through the alcohol industry. He built a career in hospitality — starting as a room service waiter and eventually working with brands like The Ritz and St. Regis at Marriott. That experience, he says, taught him to value the customer connection. But it also underscored one of the fundamental differences he now faces: You can't personally walk over and fix someone's glass of Dom if they had a bad experience. When your product is filtered through layers of distributors, retailers and events, how do you maintain that intimacy?
Related: What Quiet Leadership Looks Like in a Loud World — and How It Took This Company to $3B in Revenue
The conversation quickly expanded from the story of his leadership path to the broader challenges facing the alcohol industry today. Sales are down amongst many alcohol brands, especially among younger consumers who are drinking less and seeking more from the brands they support. Chris was clear: Younger people may be drinking less, but they're willing to pay more for quality, for craft, for a story. That's where he sees the opportunity — not in pushing volume, but in doubling down on excellence and the experience.
We also talked about how legacy brands adapt. It's not about abandoning heritage, but evolving without compromising authenticity. Chris cited collaborations with cultural icons like LeBron James and Beyoncé not as marketing gimmicks, but as bridges — ways to introduce the next generation to brands with centuries of substance. That kind of evolution takes time, he admitted. Headlines come fast, but credibility is earned slowly.
One thing I appreciated was how open Chris was about the realities of leadership. He acknowledged how hard it was to start a new role and immediately face layoffs. It wasn't something he shied away from. "Being the one to make that final decision — it's a different kind of pressure," he told me. For someone stepping into a legacy-laden organization amid shifting consumer trends and economic uncertainty, that honesty stood out.
Chris came across as thoughtful and competent — someone who genuinely respects the weight of the brands he leads while staying attuned to how quickly the world around them is changing. He doesn't have all the answers, but he's asking the right questions. And for Moët Hennessy North America, that may be the leadership style this moment calls for. And, of course, I'm a big fan of their brands.
Related: How the CEO of This Iconic Pizza Brand Is Building on 50 Years of Deep-Dish Dominance and Fueling Sustainable Growth
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One Association CEO on Elevating the Role of Planners
One Association CEO on Elevating the Role of Planners

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  • Skift

One Association CEO on Elevating the Role of Planners

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Speaker Training Firm Shuts Down, Cites ‘Serious Financial Irregularities'
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Trump Admin Has Dropped a Third of All Investigations Into Big Tech, Advocates Say
Trump Admin Has Dropped a Third of All Investigations Into Big Tech, Advocates Say

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timea minute ago

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Trump Admin Has Dropped a Third of All Investigations Into Big Tech, Advocates Say

Trump talked a big game during the election about taking the fight to Silicon Valley. But, since taking office, the former reality star seems to have done little to make good on that promise. In fact, a recent survey of his actions claims that Trump, whose political victory was partially propelled by gargantuan gobs of cash from tech firms and their executives, has dropped a third of all investigations and enforcement actions against tech companies since taking power. The report, published by the advocacy organization Public Citizen, notes that, at the start of Trump's second term, there were at least 104 tech companies facing at least 142 federal investigations and enforcement actions. As of August, 47 of the enforcement actions against 45 of those tech companies 'have been withdrawn or halted (38 withdrawn, nine halted).' Companies that have had enforcement actions 'paused' or 'frozen' since the beginning of the year include big-name firms like Meta, PayPal, and Tesla. In many cases, enforcement actions have also been dismissed or withdrawn, including against prominent crypto companies like Coinbase, and Kraken. The cryptocurrency industry was, notably, a big contributor to Trump's campaign last year. Those same companies whose executives and investors have recently felt the regulatory heat ease off their backs made significant political financial contributions since the beginning of 2024, the bulk of which totals some $1.2 billion, according to Public Citizen's tally. Most of the contributions were given to the GOP, and some of them went directly to Trump (either to his businesses or his inauguration fund). The contributions were also made by the companies' executives and investors. Humorously, the Public Citizen report includes an entire section on Elon Musk. Indeed, of the total political spending mentioned in the report, nearly half is attributable to Musk. The report points out that, among those executives who attended Trump's inauguration, Musk—who would go on to lead Trump's DOGE initiative and serve (for awhile, at least) as the president's 'first buddy'—is the CEO 'whose businesses face the most federal enforcement actions – at least 19 separate sets of allegations from at least nine federal agencies.' Unfortunately for Musk, a lot of those cases remain up in the air. The report notes that, amidst the ongoing spats between the Tesla billionaire and the president, there continues to be 'uncertainty into what will come of the investigations and enforcement lawsuits against Musk's corporations.' The loss of interest in tech company probes may be part of a broader trend of regulatory disinterest, as the report notes that the administration has 'withdrawn or halted enforcement actions against 165 corporations of all types' this year, including the aforementioned tech companies. 'This massive retreat from enforcement and dropping categories of cases involving corporate misconduct is something I've never seen before,' Rick Claypool, a research director at Public Citizen's President's Office and the author of the report, told 404 Media. 'Many of these cases being dropped now originated in the first Trump administration. They were, correctly in my view, pursuing crypto scams.' The report also dutifully notes that the 'existence of investigations and/or allegations of misconduct do not necessarily mean that any laws were broken, or that an enforcement action necessarily would have been brought under a different administration.' Gizmodo reached out to the Trump administration for comment.

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