French cognac maker Rémy Cointreau has named Franck Marilly as its chief executive as the business navigates a global downturn in alcohol sales and trade tensions between its two biggest markets, China and the US.
Marilly will work with outgoing chief executive Eric Vallat to ensure a smooth transition before taking over on June 25, the company said on Wednesday. Rémy Cointreau announced Vallat’s departure last month after five years in the role.
Marilly has held a number of senior roles in the luxury sector, including at Chanel and most recently at Japanese cosmetics company Shiseido, where he was chief of the Emea region and the global fragrance division.
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