Rémy Cointreau Group has announced the departure of its chief executive officer Valerie Chapoulaud-Floquet.

The company noted that Valerie will step down by the end of this year due to personal reasons.

Valerie became CEO of the Rémy Cointreau Group in 2014, and has since been continuing to implement the group’s strategy as defined by the board of directors.

Chapoulaud-Floquet said: “It is with great emotion that I will leave the Rémy Cointreau Group at the end of the year, once the torch passed to my successor. I am serene, as the Group’s results, foundations, teams and strategic vision allow it to envisage the future with optimism, ambition and success.”

As part of the compensation policy, financial conditions for the termination of Chapoulaud-Floquet’s mandate will be decided by the board of directors, which will be discussed at the annual general meeting (AGM) of shareholders and communicated at a later stage.

During her tenure, the French alcoholic beverage firm introduced products such as Louis XIII. The firm also shifted its focus away from low-end brands and ended low-profit distribution contracts.

In January 2017, Rémy Cointreau Group debuted its new brand identity with the launch of a corporate website, logo and signature.

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