Starting From July 1st There Will Be Changes In The Top Management O

STARTING FROM JULY 1ST THERE WILL BE CHANGES IN THE TOP MANAGEMENT OF YEREVAN BRANDY COMPANY

Friday, April 3, 15:48

Starting from July 1st there will be changes in the top management
of Yerevan Brandy Company.

Taking into account the decision of Artak Barseghyan, Managing Director
of Yerevan Brandy Company to pursue new career opportunities outside
the Pernod Ricard Group, the top management structure of YBC will be
as follows:

As from 1st July 2015, Ara GRIGORYAN, currently Vice-President
in charge of External Affairs of Pernod Ricard Eastern Europe and
Chairman of the YBC Board of Directors will take the position of CEO
of Yerevan Brandy Company (YBC) alongside to his current duties.

At the same date, Ignat ARAKELYAN, currently Deputy Managing Director
of YBC, is appointed Chief Operating Officer (COO) of YBC.

Ara GRIGORYAN, born in 1963, graduated from the Yerevan Institute of
Agriculture. He started his career at Yerevan Brandy Company back in
1989 and has been holding different positions in Sales and Marketing.

>From 2001 to 2009 Ara Grigoryan was heading the offices of Pernod
Ricard Minsk and Pernod Ricard Ukraine. From 2009 to 2014 he was
Managing Director of Yerevan Brandy Company.

Ignat ARAKELYAN, born in 1972, graduated from the Yerevan State
University of Architecture and Construction. Ignat joined Yerevan
Brandy Company in 1998 as an Accountant, then became Chief Accountant.

In 2006, he was promoted Finance & Administration Director. Since 2009,
Ignat has been Deputy Managing Director of YBC.

Yerevan Brandy Company is the exclusive producer of ARARAT Brandies
is the direct successor of Armenian brandy-making traditions,
established in1887. Yerevan Brandy Company is the biggest taxpayer
of the field and the biggest grape buyer in Armenia. In 1999 Yerevan
Brandy Company joined the Pernod Ricard Group, the world co-leader
of the Wine & Spirits industry, which unites such brands as Chivas,
Absolut, Martell, Jameson and others.

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