Bernard Arnault, the chairman and CEO of luxury goods conglomerate LVMH, has announced significant leadership changes, including moving his son, Alexandre Arnault, to a key role in the company’s wines and spirits division. The reshuffling also includes the appointment of a new head of Human Resources and other key executive changes.
The French billionaire made the announcement early Thursday morning. It was revealed that Chantal Gaemperle, who had been heading Human Resources, was replaced by Maud Alvarez-Pereyre. Alvarez-Pereyre will take over as Executive Vice President of Human Resources starting December 1, 2025. The group’s statement emphasized that the appointments were made after consultation with the Sustainability and Governance Committee of LVMH’s Board of Directors.
These moves are part of a broader restructuring at LVMH, which has seen nearly 10 senior executives reassigned. One of the most notable changes is the appointment of Jean-Jacques Guiony, who will become President and CEO of the Moët Hennessy division (which includes brands like Moët & Chandon, Hennessy, and Dom Perignon) beginning February 1, 2025. Guiony replaces Philippe Schaus, who after 21 years with the company, has decided to step down from his executive role and focus on non-executive positions. Schaus will remain involved with the company during the transition, offering his expertise in the wines and spirits sector.
In an important shift, Guiony will now oversee Alexandre Arnault, the second of Bernard Arnault’s four sons. Alexandre, who has previously held senior roles at Rimowa and Tiffany (both part of the LVMH group), will step into the role of Deputy CEO of Moët Hennessy, effective February 1, 2025.
Charles Delapalme, currently the Managing Director of Christian Dior Couture, will be appointed President and CEO of Hennessy, the renowned cognac brand. This follows a transitional period with Laurent Boillot, whose new role will be announced later.
The reshuffling highlights the challenges LVMH faces in its wines and spirits division. For the first nine months of 2024, the division saw a significant 11% drop in revenue, totaling €4.193 billion—the largest decline of any of LVMH’s major divisions.
Other notable appointments include Cécile Cabanis, who will take over as the group’s Chief Financial Officer starting February 1, 2025, succeeding Jean-Jacques Guiony. Additionally, Guillaume Motte, the current president and CEO of Sephora, will join the Executive Committee of LVMH on January 1, 2025.
These strategic moves reflect LVMH’s efforts to bolster leadership across key areas as it navigates challenges in the luxury market.
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