Categories: Fashion

LVMH prepares CFO succession with former Danone executive

By

Bloomberg

Published



Jun 8, 2024

LVMH named a deputy to its long-time chief financial officer as the luxury group controlled by Bernard Arnault prepares for succession in the key executive role.

Jean-Jacques Guiony – LVMH / © Jean-François Robert

The parent company of Louis Vuitton appointed Cecile Cabanis as deputy finance director, reporting to CFO Jean-Jacques Guiony, it said in a statement Friday. A former CFO of dairy giant Danone SA, Cabanis is currently deputy chief executive officer of Tikehau Capital.

“Cécile will report to him as they begin a transition period to prepare for a future succession,” LVMH said, adding that she will join the company’s executive committee.

Guiony has been in the role for the past two decades. He will have new responsibilities which will be announced in due time, LVMH added.

 

News Today

Recent Posts

Kareena Kapoor’s Next Untitled Film With Meghna Gulzar Gets Prithviraj Sukumaran On Board

Kareena Kapoor is working with Raazi director Meghna Gulzar for her next film. The project,…

2 weeks ago

Purdue basketball freshman Daniel Jacobsen injured vs Northern Kentucky

2024-11-09 15:00:03 WEST LAFAYETTE -- Daniel Jacobsen's second game in Purdue basketball's starting lineup lasted…

2 weeks ago

Rashida Jones honors dad Quincy Jones with heartfelt tribute: ‘He was love’

2024-11-09 14:50:03 Rashida Jones is remembering her late father, famed music producer Quincy Jones, in…

2 weeks ago

Nosferatu Screening at Apollo Theatre Shows Student Interest in Experimental Cinema – The Oberlin Review

2024-11-09 14:40:03 A silent German expressionist film about vampires accompanied by Radiohead’s music — what…

2 weeks ago

What Are Adaptogens? Find Out How These 3 Herbs May Help You Tackle Stress Head-On

Let's face it - life can be downright stressful! With everything moving at breakneck speed,…

2 weeks ago

The new Mac Mini takes a small step towards upgradeable storage

Apple’s redesigned Mac Mini M4 has ditched the previous M2 machine’s SSD that was soldered…

2 weeks ago