Saskia de Rothschild will take over as chairman of Domaines Barons de Rothschild (Lafite) next April from her father, Baron Eric de Rothschild, 77, as the generational torch is passed at the company that controls Bordeaux estate Chateau Lafite Rothschild, according to Decanter.com.
She has been co-chair with her father for the past two years, and has worked with the group's estates since 2008, Decanter reported. In a related move, it said the company's President and Chief Executive Officer Christophe Salin, 62, will leave at the end of March after 33 years, to be replaced by Jean-Guillaume Prats, currently head of LVMH Moet Hennessy Louis Vuitton SA's Estates & Wines division and previously working at his family's Chateau Cos d'Estournel estate.
Domaines Barons de Rothschild (Lafite) owns Chateau Rieussec in Sauternes, Chateau l'Evangile in Pomerol and Chateau Duhart-Milon in Pauillac, as well as vineyards in the Languedoc, Chile and Argentina. It also has a venture in China.