LVMH imposes a transfer window. Faced with a slowdown in its activity throughout the world, the French luxury group LVMH announced several changes within its executive committee on Thursday November 14. Jean-Jacques Guiony, current financial director, who will be replaced by Cécile Cabanis, on 1is February 2025, takes charge of the wines and spirits division. He will replace Philippe Schaus, who, after a career of twenty-one years within the group, will leave his position. Alongside Mr. Guiony, Bernard Arnault, the CEO and owner of the group, has appointed his son Alexandre Arnault, current vice-president of the New York jewelry brand Tiffany. The latter is therefore leaving Manhattan to become deputy general manager of the branch which oversees the luxury giant's cognac and champagne brands, including Hennessy and Moët Hennessy. Charles Delapalme will become CEO of the Hennessy brand and succeeds Laurent Boillot, “whose new functions will be communicated later”, specifies LVMH in a press release.
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The 86.2 billion euro group has also confirmed the departure of Chantal Gaemperlé, director of human resources at LVMH for seventeen years, information that The Letter, specialized media, revealed Thursday November 7. According to The LetterMme Gaemperlé had “was laid off with a view to her dismissal”following a “internal investigation lasting several months carried out by the general administration and legal affairs teams”who are “particularly interested in the accumulation of benefits in kind” obtained by the manager from the various subsidiaries of the group which owns the Louis Vuitton, Dior and other Celine brands. Maud Alvarez-Pereyre, currently director of talent and transformation for the group with 210,000 employees, is appointed to succeed him.
These changes come a few weeks after the announcement of the retirement of Chris de Lapuente, aged 61, also a member of the executive committee and CEO of the selective distribution division, which includes Sephora, Le Bon Marché, la Samaritaine and duty free activity of the company. Guillaume Motte, CEO of Sephora, will become a member of the group's executive committee from 1is February 2025, LVMH also announced Thursday, November 14.
Rejuvenation
In passing, the multinational is once again rejuvenating its executive committee. Replacing one of his loyalists, Antonio Belloni, aged 70, Bernard Arnault had promoted, in March, Stéphane Bianchi, former manager of the Yves Rocher group, to the position of deputy general manager. Just four years after he joined the group, as CEO of Tag Heuer watches.
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