Change in governance at LVMH, the luxury group formalizes the departure of its HR director

Change in governance at LVMH, the luxury group formalizes the departure of its HR director
Change in governance at LVMH, the luxury group formalizes the departure of its HR director

© Nathan Laine/Bloomberg/Getty Images

– Chantal Gaemperle, director of human resources at LVMH for 17 years, is leaving her position.

After the real-false departure of Sidney Toledano at the start of the year, LVMH will experience another major change. And this time, a definitive departure. ZoneBourse reports that the group's human resources director, Chantal Gaemperle leaves office. A brief press release confirms the news, specifying that HR will “dedicate to new projects”. For 17 years at the head of human resources and synergies of the LVMH group, Chantal Gaemperle will have “created a talent development and CSR policy to support growth”it is written.

In reality, his departure does not seem voluntary. This is what was stated The Letter a few days ago. And this is a bolt from the blue for Bernard Arnault since the HR director was one of his protégés, according to our colleagues. She would have been “layoff with a view to dismissal for serious misconduct”. An internal investigation “led by the general administration and legal affairs teams” would have revealed a “cumulative benefits in kind received from the group’s 75 houses”.

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Several appointments at the head of LVMH

However, at the beginning of October, nothing suggested such a departure since the director of human resources of the luxury group had celebrated ten years of “LVMH group’s professions of excellence” at the Grand Rex in , and Bernard Arnault was present. On stage, he even congratulated Chantal Gaemperle and Alexandre Boquel for the “tremendous creation” of the event. For the moment, no name has been put forward to succeed him, LVMH simply specifying that its “succession will be announced later”.

But according to information from The Letterthe current director in charge of talents and transformation of the group, Maud Alvarez-Pereyreshould take over the interim role. With the retirement of the CEO of the “selective distribution” division (Sephora, Le Bon Marché, la Samaritaine, etc.) Chris de Lapuente and the arrival of a new financial director (Cécile Cabanis), LVMH is experiencing major changes.

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LVMH: sales down in the 3rd quarter, the luxury market under pressure

According to ABC Bourse, she will replace Jean-Jacques Guiony who will be appointed CEO of the wines and spirits branch, Moët Hennessy on February 1, and supported by Alexandre Arnault, future deputy general director. The CEO of Sephora, Guillaume Motte, will join the group's executive committee at the beginning of January, while Charles Delapalme will be appointed CEO of Maison Hennessy.

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