1. Pernod Ricard: Activist Target Pernod Boosts Board Independence with New Role

    Pernod Ricard: Activist Target Pernod Boosts Board Independence with New Role

    PARIS (Reuters) - French spirits group Pernod Ricard named business veteran Patricia Barbizet to the newly created role of lead independent director on Wednesday as it faces pressure from activist investor Elliott to improve its governance. Pernod Ricard, which makes Martell cognac and Jameson whiskey, also said longtime founding family ally and former chief executive Pierre Pringuet was stepping down as vice-chairman of the board, although he will remain a director...

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    1. The decision ...is the continuity of a thought-process that started in July 2018.
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