Pietro Beccari named LVMH Fashion Group CEO in addition to Louis Vuitton position

After more than 30 years working alongside Bernard Arnault, chairman and CEO of the LVMH Group, Sidney Toledano has decided to step down from his executive role.

Toledano is succeeded by Pietro Beccari, who becomes chairman and CEO of LVMH Fashion Group, adding these responsibilities to his existing role as chairman and CEO of Louis Vuitton. Damien Bertrand, currently deputy CEO of Louis Vuitton, will join the LVMH Executive Committee.

“I would like to extend my warm thanks to Sidney Toledano, who has been by my side for more than 30 years and has always been there, in every circumstance, with determination, talent, and loyalty,” said Bernard Arnault. “He will remain my special adviser. After an intense decade leading Dior and Louis Vuitton, I am delighted that Pietro Beccari has agreed to bring his experience to the Maisons of LVMH Fashion Group as well. Pietro is a great leader and a unique talent with boundless energy. He knows how to surround himself with talented people and nurture them to secure the future of the Maisons. As he continues to lead Louis Vuitton, he will be able to rely even more on Damien Bertrand, whose contribution has been significant in recent months and who now joins the Group’s Executive Committee.”

These appointments will take effect on January 1, 2026, following a transition period between Sidney Toledano and Pietro Beccari.