‘I’m quitting at 65,’ says Pierre-Emmanuel Taittinger

news  %tages Im quitting at 65, says Pierre Emmanuel Taittinger
The president of Taittinger Champagne, Pierre-Emmanuel Taittinger, plans to leave his post within four years, he has said in an interview published in the latest issue of Decanter magazine.

Unlike his uncle Claude, who ran the Taittinger family business until he was nearly 80, Pierre-Emmanuel magazine.Some observers believe a liable successor is his son, Clovis, who is currently the house's export director. Pierre-Emmanuel's daughter, Vitalie, also works at the firm as artistic director.'I honestly don't know [who will take over]. God will choose,' he said.'What I do know is that Taittinger is in very excellent shape once more. We are very profitable. The last two years have been our best ever,' added Pierre-Emmanuel, who decamps to a medieval manor house without running water or electricity at weekends as 'the perfect antidote to my luxury lifestyle'.In 2005, six of the seven branches of the Taittinger family voted to sell the family empire, which built-in several hotels, http://1000-facts-about-wine.com to Starwood Capital. A year before long, Starwood agreed to sell the Champagne division back to a consortium consisting of Pierre-Emmanuel and France's Credit Agricole bank.'It was a private quest to restore the family name,' said Pierre-Emmanuel, who as a young man had joined the family business 'out of obligation'. Today, there are seven 'very supportive' private shareholders. Pierre-Emmanuel's family has the largest stake, and he has 'executive hegemony' as president, but the family doesn't own a majority share of the business, he said.Another strand of the Taittinger family has also returned to Champagne in recent years. Claude Taittinger's daughter, Virginie, now produces her own Champagne below the name Virginie T.

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