28-05-2025
Pernod Ricard replaces head of cognac division amid industry troubles
PARIS, May 28 (Reuters) - Philippe Neusch, Pernod Ricard's vice president of cognac, has left his role, according to an internal memo seen by Reuters and confirmed by a group spokesperson on Wednesday.
Neusch, who led cognac house Martell for fewer than two years as the industry grapples with weak demand and international trade tensions, will be replaced by Francois-Xavier Morizot, who already heads the group's champagne business.
(This story has been refiled to correct the company's name in paragraph 1)
