Barbizet joins Pernod Ricard board after Elliott move

Pernod Ricard has named former Christie’s CEO Patricia Barbizet as its lead independent director in a move that follows activist investor Elliott Management Corporation’s calls for the firm to better its corporate governance. The Paris-based group said Barbizet’s appointment to the newly created role further ensures its board is “balanced”. At the same time, Pierre Pringuet, the former CEO of Pernod Ricard, will step down from his role as vice-chairman of the board of directors,…

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