GLOBAL: Absolut's Travel Retail chief resigns

By | 19 November 2013

Absolut is due to unveil a replacement for Olsson next month

Absolut is due to unveil a replacement for Olsson next month

The head of global Travel Retail at Pernod Ricard-subsidiary, The Absolut Company, has quit for “personal reasons”. 

Anders Olsson, who has been director of the unit for eight years, will step down on 29 November and move from London back to his home town of Stockholm, Absolut announced today (19 November). “The reasons for Olsson’s decision are personal,” the Swedish vodka producer said in a statement. 

A spokesperson for the company declined to expand on the reason for Olsson's departure. 

Olsson, who has been based in London for the past three years, said: “I want to take the opportunity to thank my unique and excellent team for all their efforts and extraordinary dedication to our mission over the years... I wish all my very best and loads of fun in the future.” 

Absolut, which was acquired by Pernod in 2008, said a successor to Olsson will be announced next month.

Expert analysis

PepsiCo, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

Sectors: HR – personnel, Spirits

Companies: Pernod Ricard, Absolut

There are currently no comments on this article

Be the first to comment on this article

Related research

Pernod Ricard SA - SWOT, Strategy and Corporate Finance Report

Pernod Ricard SA - SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and co...

Pernod Ricard SA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage....

Pernod Ricard: Premiumization and decentralization fuelling growth in mixed macroeconomic environment

Over the last 10 years of rapid acquisitions, Pernod Ricard has built a strong portfolio of premium brands on a global scale. Most of its brands enjoy a leading position in international markets. The company has adopted a decentralized operational st...

Related articles

UK: London Wine Fair set for “make or break” 2014

The show director for the London Wine Fair has warned that the trade exhibition is facing a "make or break" event later this year, despite being "effectively sold out".

GLOBAL: Corby Distilleries' Lamb's Spiced gets taste, image refresh

Halewood International has reformulated a spiced expression of Corby Distilleries' Lamb's Navy Rum in a bid to broaden the brand's international appeal.

GLOBAL: International Center for Alcohol Policies, Global Alcohol Producers Group to merge

The International Center for Alcohol Policies and the Global Alcohol Producers Group have agreed to amalgamate their operations.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page