Moët Hennessy has lined up a change at the head of its Moët & Chandon, Dom Perignon and Mercier Champagne business, with Mars executive Berta de Pablos-Barbier taking over.
De Pablos-Barbier, who initially joined the consumer goods group in 2001 – with a near-four-year break working for luxury good group Boucheron – is leaving her current role as chief growth officer at Mars to move into Champagne at CEO level. Stephane Baschiera will make way for de Pablos-Barbier after 24 years with Moët Hennessy, the last eight of which have been in his current position with the group.
Baschiera is set to retire and “focus on his personal projects”, the company said today.
“I would like to sincerely thank Stephane Baschiera for his many contributions to out … group throughout his long and accomplished career,” said Bernard Arnault, CEO of Moet Hennessy parent LVMH. “I also with to warmly welcome Berta de Pablos-Barbier… . I wish her great success in her new position.”
While de Pablos-Barbier will transition on 1 January, Baschiera will stay until the end of January.
As well as the three Champagne brands under Baschiera’s responsibility, Moet Hennessy also owns the Krug, Ruinart and Veuve Clicquot brands, each of whom have their own CEO.
In results for the first nine months of 2020, announced last month, Moet Hennessy noted a bounceback in Champagne volumes during the last three months of the period. The performance contributed to a year-to-date Champagne volumes decline of 23%, however.