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Patrick Sauvageot appointed CEO of Hennessy.

PARIS -- LVMH announces the appointment of Patrick Sauvageot as CEO of Hennessy.

Patrick Sauvageot will succeed Roland de Farcy, who has headed Hennessy since May 2002. After strengthening the international development of the company, Mr. de Farcy has decided to pursue other career interests.

Patrick Sauvageot graduated from ESSEC. From 1987, he has held sales and marketing positions of increasing responsibility within the Danone Group, including in the beer, mineral water and fresh products fields. After having been nominated Managing Director for Fresh Products in the Czech Republic and Argentina, he has been CEO of Dairy Products Danone France, one of the Group's most important divisions, since 2002.

Christophe Navarre, President of Moet Hennessy LVMH Wines & Spirits, said: "We are delighted to welcome Patrick Sauvageot at the head of Hennessy. His international experience and expertise in brand management will be key assets to the ongoing growth of Hennessy."

Mr. Navarre added: "We are grateful to Roland de Farcy for his contribution to the influence of Hennessy, one of the leading brands in our luxury wines and spirits portfolio."
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Publication:Business Wire
Date:Sep 28, 2004
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