The family business, owner of brands such as Yves Rocher, Petit Bateau, Arbonne, Flormar and Sabon (2.4 billion in turnover, 16,300 employees in 114 countries in 2021), is reorganizing its corporate governance.
Bris Rocher, Chairman and Chief Executive Officer of the Groupe Rocher since 2009, has decided to delegate his executive functions to a new Chief Executive Officer. Therefore, starting July 1st, 2023, Bris Rocher will be focusing on the group strategy as Chairman of the Board, and Jean-David Schwartz will hold the position of CEO of the group.
In this context, Bris Rocher’s role will notably be to define and lead the group’s long-term strategic vision, and its unique position as a mission-driven company. It will be the responsibility of the Executive Management to ensure the operational management of the business and the implementation of short and medium-term strategies.
Agility and profitability
“While the group has become heavily internationalized over the past ten years and is facing significant challenges, Bris Rocher is initiating this new governance structure to adapt the group to market changes and maximize its future development. The delegation of his executive duties will provide the agility and pragmatism crucial for navigating complex environments,” said the company in a statement.
The Executive Management will focus on operational execution, starting with prioritizing efforts based on three identified priorities: improving the group’s profitability, meeting its financial commitments, and preparing for the future particularly by addressing the environmental and social challenges that lie at the heart of its mission.
Executive Committee’s reorganization
The Groupe Rocher is also changing its Executive Committee with new members, mainly issued from the group.
Led by Jean-David Schwartz, it will be constituted starting from July 1st, 2023, as follows: Jeanne Renard, heading the People and Mission division; Laurent Delaurière, heading the Finance and Legal division; Stanislas Duthier for the Information Systems division; Vincent Taglioni, for the Operations division; and a forthcoming appointment at the head of the New Product Development.
Concerning Brands divisions, the group announced two new appointments to take effect on September 1st: Guillaume Darrousez as Chief Executive Officer of Yves Rocher, also in charge of Dr. Pierre Ricaud and Global Strategic Insights and Alexandre Rubin as of CEO of Petit Bateau. Jean-David Schwartz will oversee the transition for Yves Rocher until September 1st.