LVMH (Moet Hennessy Louis Vuitton), the world’s largest luxury conglomerate with 75 high-end brands has announced a reshuffle of its leadership at Louis Vuitton, Christian Dior Couture and LVMH watches and jewellery division.
Pietro Beccari, who has headed Christian Dior Couture since 2018, has been appointed as the chairman and CEO of Louis Vuitton. He succeeds Michael Burke, who will take up new responsibilities, reporting directly to Bernard Arnault, Chairman and CEO of LVMH, after spending ten years at the head of Louis Vuitton and guiding the integration of Tiffany.
Delphine Arnault, executive vice president of Louis Vuitton since 2013 with responsibility for supervising all Louis Vuitton product-related activities has succeeded Pietro Beccari to become chairman and CEO of Christian Dior Couture. She is also the daughter of LVMH head – Bernard Arnault
Charles Delapalme, executive vice president of Christian Dior Couture in charge of commercial activities since 2018, has been named Managing Director of Christian Dior Couture.
Stéphane Bianchi, chairman and CEO of the Watches & Jewellery Division, will now also oversee Tiffany and Repossi, which join the Watches & Jewellery Division of the LVMH Group
Commenting on the new appointments, Bernard Arnault said “The inclusion of Tiffany in the Watches & Jewellery division is a natural step following the company’s successful integration within the LVMH Group. Stéphane Bianchi’s leadership skills, his understanding of products and markets, and his organisational acumen have enabled the Maisons in the division to achieve remarkable results under his management. This includes the successful revamping of TAG Heuer, the acceleration of Chaumet, Fred and Zenith, along with continued excellent performance by Hublot and Bulgari. Stéphane will further heighten the unique appeal of each of these Maisons while developing effective synergies among them.”
