80% of the Group's employees are now eligible and thus closely associated with Pernod Ricard's growth
80% of the Group's employees are now eligible and thus closely associated with Pernod Ricard's growth
Building on the success of its first employee shareholding operation in 2019, Pernod Ricard plans to once again involve its employees in the Group's growth and reward them for their daily commitment.
From 21 March 2022, Pernod Ricard employees will have the opportunity to participate in the Group's shareholding plan. Named "Accelerate", this plan contributes to the conditions for sustainable and profitable growth for all Pernod Ricard stakeholders, starting with its employees. The employee shareholding plan will allow all beneficiaries to acquire Pernod Ricard shares at advantageous conditions within the framework of the Group Savings Plan (PEG) and an International Group Savings Plan (PEGI).
For this second edition, and in line with the Group's ambition to extend this scheme to as many people as possible, seven new markets are now eligible. The launch of this plan is the result of nearly eight months of preparatory work by the Group's headquarters and the teams in the 24 markets associated with the project worldwide.
Alexandre Ricard;
"Already more than 80 years ago, our founder, Paul Ricard, was a pioneer in this field by offering Ricard employees innovative profit-sharing and employee savings schemes. I am particularly proud to be able to continue this commitment by offering a growing number of employees the opportunity to participate in our second employee share ownership plan. Our employees have always been at the heart of our success and have shown incredible resilience and commitment during these recent challenging years. Together with the Board of Directors, we wanted to involve them even more closely in Pernod Ricard’s growth."
The "Accelerate 2022" project was approved by the Board of Directors on 21 July 2021.
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About pernod ricard
Pernod Ricard is the No.2 worldwide producer of wines and spirits with consolidated sales amounting to €10,701 million in fiscal year FY22. The Group, which owns 17 of the Top 100 Spirits Brands, holds one of the most prestigious and comprehensive portfolios in the industry with over 240 premium brands distributed across more than 160 markets. Pernod Ricard’s portfolio includes Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur or Mumm and Perrier-Jouët champagnes. The Group’s mission is to unlock the magic of human connections by bringing “Good Times from a Good Place”, in line with its Sustainability and Responsibility roadmap. Pernod Ricard’s decentralised organisation empowers its 19,480 employees to be on-the-ground ambassadors of its purposeful and inclusive culture of conviviality, bringing people together in meaningful, sustainable and responsible ways to create value over the long term. Executing its strategic plan, Transform & Accelerate, Pernod Ricard now relies on its “Conviviality Platform”, a new growth model based on data and artificial intelligence to meet the ever-changing demand of consumers. Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices.