Frederic Pflanz to Take Over Remy Cointreau in October

Dear Client: In a move that was widely anticipated, Remy Cointreau has announced it will promote cfo Frederic Pflanz to ceo of the French spirits group most likely in October 2013. Current ceo Jean-Marie Laborde's mandate expires next month, but Remy Cointreau's Board of Directors voted to extend his term just a few more months. He is 65 and has been at the helm of Remy for the past nine years. He is credited with paring down Remy's offerings (selling