THE French drinks giant that owns the Bruichladdich malt whisky business on Islay is parting company with its chief executive after posting record results in June.
Remy Cointreau said Valerie Chapoulaud-Floquet would step down for personal reasons by the end of 2019 without elaborating.
Read more: Islay distiller reveals massive expansion drive
The company said its board expressed deep gratitude for Mrs Chapoulaud-Floquet’s commitment and contribution to the quality of the group’s results and successful strategy.
Mrs Chapoulaud-Floquet has focused the group on the premium end of the drinks market since she took charge in 2014.
Mrs Chapoulaud-Floquet said she would leave with great emotion when a successor was appointed. She added: “I am serene, as the Group’s results, foundations, teams and strategic visions allow it to envisage the future with optimism, ambition and success.”
Read more: Whisky giant hails strong overseas sales amid Brexit uncertainty
After Remy Cointreau’s results announcement in June Mrs Chapoulaud-Floquet said the company was pleased with the performance of the Bruichladdich whisky business it bought for £58 million in 2012.
She said the relaunch of its Port Charlotte whisky had been a massive success and hailed an excellent year for the Botanist gin distilled on Islay.
Remy Cointreau has invested heavily in its operations on Islay under Mrs Chapoulaud-Floquet.
After funding £23m infrastructure upgrades over the last five years Remy Coimtreau is supporting a drive to help make the. Bruichladdich an “all-Islay” operation.This will include the cultivation and malting of the barley it uses through to the distillation, maturation and bottling of the spirit.
The group grew profits 11 per cent to €167.8m in the year to March 31.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here