Diageo to add ex-Rémy Cointreau CEO to board

3rd February, 2020 by Nicola Carruthers

Former Rémy Cointreau CEO Valérie Chapoulaud-Floquet will join Diageo as a non-executive director on its board next year.

Valérie Chapoulaud-Floquet will become a non-executive director for Diageo’s board in 2021

Effective from 1 January 2021, Chapoulaud-Floquet will also join the audit, nomination and remuneration committees.

Chapoulaud-Floquet, who was CEO of French drinks group Rémy Cointreau since September 2014, announced in July 2019 that she would be stepping down from her role for personal reasons. Eric Vallat took over the CEO role in December 2019.

Prior to joining Rémy Cointreau, Chapoulaud-Floquet had worked for French luxury goods giant LVMH since 2008 in a number of roles, including president and CEO for the Americas, president and CEO for North America, president for South Europe, and CEO and president of Louis Vuitton Taiwan.

She also spent 20 years at L’Oréal Group, which included heading the luxury products division at the company’s US office.

Diageo chairman Javier Ferrán said: “I am delighted to announce that Valérie will join the Diageo board next year. Having spent her career in consumer goods in a number of markets, including North America, and as a former CEO in the premium drinks industry, she brings great experience and expertise to the Diageo board and I look forward immensely to her contributions to our discussions.

“I am sure that Valérie will make a very valuable contribution as we progress to achieving our ambition to become one of the most trusted and respected consumer products companies in the world.”

A graduate of the Emlyon Business School in France, Chapoulaud-Floquet currently serves as an independent director on the supervisory board of investment platform Nextstage.

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