Patrick Ricard
Encyclopedia
Patrick Ricard is a French
entrepreneur and Chairman and CEO of the liquor
& wine
group Pernod Ricard
.
After studying business in France, Germany
and the United States
, Patrick Ricard joined the Ricard
company, founded by his father Paul Ricard
in 1932. He held successive positions in the company’s main departments, becoming Managing Director in 1972. With the creation of Pernod Ricard in 1975 he was appointed Group Managing Director and then, in 1978, Chairman and CEO.
He was the architect of the Group’s ambitious strategy of growth through acquisition, aimed at broadening the product range and accelerating the development of the international business. The strategy proved a resounding success, particularly through the acquisitions of Seagram
and Allied Domecq
, sales outside France now accounting for 90% of turnover as against 17% when the Group was formed.
.
On 13 July 2007, Ricard was awarded commandeur de la Légion d'honneur
.
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
entrepreneur and Chairman and CEO of the liquor
Distilled beverage
A distilled beverage, liquor, or spirit is an alcoholic beverage containing ethanol that is produced by distilling ethanol produced by means of fermenting grain, fruit, or vegetables...
& wine
Distilled beverage
A distilled beverage, liquor, or spirit is an alcoholic beverage containing ethanol that is produced by distilling ethanol produced by means of fermenting grain, fruit, or vegetables...
group Pernod Ricard
Pernod Ricard
Pernod Ricard is a French company that produces distilled beverages. The company's eponymous products, Pernod Anise and Ricard Pastis, are both anise-flavoured liqueurs and are often referred to simply as Pernod or Ricard...
.
After studying business in France, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
and the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, Patrick Ricard joined the Ricard
Ricard
Ricard may mean:*Pernod Ricard, a major producer of pastis , formed from Pernod Fils and Ricard*Ricard Pastis, a leading brand of pastis...
company, founded by his father Paul Ricard
Paul Ricard
Paul Ricard was a French entrepreneur and founder of the eponymous company, which merged in 1975 with its competitor Pernod to become Pernod Ricard....
in 1932. He held successive positions in the company’s main departments, becoming Managing Director in 1972. With the creation of Pernod Ricard in 1975 he was appointed Group Managing Director and then, in 1978, Chairman and CEO.
He was the architect of the Group’s ambitious strategy of growth through acquisition, aimed at broadening the product range and accelerating the development of the international business. The strategy proved a resounding success, particularly through the acquisitions of Seagram
Seagram
The Seagram Company Ltd. was a large corporation headquartered in Montreal, Quebec, Canada that was the largest distiller of alcoholic beverages in the world. Toward the end of its independent existence it also controlled various entertainment and other business ventures...
and Allied Domecq
Allied Domecq
Allied Domecq PLC was an international company, headquartered in Bristol, UK that operated spirits, wine, and quick service restaurant businesses. It was once a FTSE 100 Index constituent but has been acquired by Pernod Ricard.-History:...
, sales outside France now accounting for 90% of turnover as against 17% when the Group was formed.
Achievements
In 2003, Patrick Ricard was named "Person of the Year 2003" by the French-American Chamber of Commerce in New YorkNew York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
.
On 13 July 2007, Ricard was awarded commandeur de la Légion d'honneur
Légion d'honneur
The Legion of Honour, or in full the National Order of the Legion of Honour is a French order established by Napoleon Bonaparte, First Consul of the Consulat which succeeded to the First Republic, on 19 May 1802...
.
Personal life
Patrick Ricard is married with three children. His interests include hunting and opera. He has received numerous distinctions including that of the Commander of the Legion of Honour and Knight of the National Order of the Merit.External links
- Pernod Ricard SA, Official website