On the 26th September, Phillipe Coste was announced as the new president of the Syndicat des Maisons de Cognac (SMC), succeeding Jean-Marc Ollivier and Jean-Marc Morel in this relatively new three year old union.
He is also acting as the interim chairman of the BNIC since the death of Bernard Guionnet in April. However, he has now stated that he will not seek to become the permanent chairman of the BNIC.
Of the SMC, he says that his predecessors have worked extremely hard for both debate and honest exchange in the world of cognac. This is very important, especially in a union such as the SMC which represents cognac houses of many different sizes. Very often managers are also owners, and along with the vice president, Patrick Piana, CEO of Remy Martin, they want to focus all their efforts to the SMC.