REMYY
📉 Remy Cointreau announced its CEO, Eric Vallat, will resign this summer after five years, during which the stock price significantly declined from around €120 to €44.
🔍 The company has initiated a search for a new CEO, with Vallat planning to pursue an unspecified new professional project.
🤔 Despite the leadership change and poor stock performance under Vallat, the underlying business model remains of interest, suggesting potential resilience or turnaround possibilities.
@bernardodegarcia:
“Remy Control has initiated the search for a new CEO following the announcement of Eric Vallat’s resignation this summer. The shares were initially up slightly in Paris trading, as concerns about his departure at a critical time were overshadowed by broader market gains following President Trump’s tariff pause announcement. The Remy Martin cognac maker announced Wednesday night that Vallat, who led the company for five years, decided to pursue a new, unspecified professional project. Vallat leaves us with a stock that was approximately at €120 when the gentleman entered and is now at €44. We are not going to blame Vallat entirely, I don’t know exactly how things have been, but I am still very interested in this type of business. Hey, it seems like Remy might disappear? I don’t know, I don’t think so, certainly.”
Watch the exact part of the video where @bernardodegarcia talks about Remy Cointreau here:
Watch the video on YouTube
Read more articles by the world’s top 100 analysts on Remy Cointreau (REMYY) at the following link. REMYY stock.
