Rémy Cointreau Names Franck Marilly CEO Amid Global Market Challenges

Rémy Cointreau, a leading French cognac producer, has announced the appointment of Franck Marilly as its new Chief Executive Officer, effective June 25. Marilly, a 59-year-old industry veteran, brings a wealth of experience from his tenure at luxury and cosmetics giants such as Chanel, Unilever, and Japan's Shiseido. His appointment follows the decision of current CEO, Eric Vallat, to step down in April. Vallat will remain with the company during the transition period to ensure a smooth handover of responsibilities.

Marilly's extensive background in luxury and cosmetics is expected to bring a fresh perspective to Rémy Cointreau, which is navigating a challenging global market for alcohol sales and trade. His appointment as the Foreign Trade Advisor of France in February further underscores his expertise and leadership in the industry. The Board of Directors expressed confidence in Marilly's ability to lead the company forward, highlighting his strategic vision and operational excellence.

The transition of leadership at Rémy Cointreau is a significant move for the company, which has been a key player in the global spirits market. Marilly's experience in managing high-end brands and his understanding of international markets will be crucial as the company seeks to maintain its competitive edge. The appointment is also a testament to the company's commitment to fostering a culture of innovation and excellence, which has been a hallmark of its success over the years.

The decision to appoint Marilly as CEO is part of a broader strategy to strengthen the company's position in the luxury goods sector. With his deep understanding of consumer trends and market dynamics, Marilly is well-positioned to drive growth and innovation at Rémy Cointreau. His leadership is expected to help the company navigate the complexities of the global market and continue to deliver high-quality products to its customers.