Big Changes at Moët Hennessy

Alexandre Arnault, son of Bernard Arnault, takes on key role in wines and spirits division

2024-11-18

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Bernard Arnault, owner of LVMH and richest man in France
Bernard Arnault, owner of LVMH and richest man in France

The French luxury group LVMH has announced significant changes to its executive team, as reported by AFP. Jean-Jacques Guiony will take over as chairman of Moët Hennessy, succeeding Philippe Schaus. Alexandre Arnault, meanwhile, will become the deputy CEO of the wines and spirits division. These moves come in the wake of several recent adjustments to the company's organizational structure.

Philippe Schaus is stepping down from his position as head of the Wines and Spirits division. During his tenure, iconic brands such as Moët & Chandon and Veuve Clicquot maintained strong international market positions. His departure occurs during a period of substantial transformations within LVMH. In his place, Charles Delapalme will oversee Hennessy, succeeding Laurent Boillot, whose new role within the company has yet to be announced.

Alexandre Arnault, son of LVMH chairman Bernard Arnault, is stepping into a crucial role in the division. He has prior experience within the group, having worked at Rimowa and played a key part in the digital strategy of Tiffany & Co. As deputy CEO of Moët Hennessy, Alexandre Arnault aims to bring fresh perspectives to the luxury beverages sector, an area that remains vital for LVMH's broader diversification efforts.

Additionally, LVMH has disclosed the suspension of Chantal Gaemperle, head of human resources and synergies, pending dismissal following an internal investigation. Gaemperle, who served the company for 17 years, was suspended after probes into perks she reportedly received from various LVMH brands, including Louis Vuitton, Dior, and Moët Hennessy. The investigation, conducted over several months by LVMH's general management and legal teams, scrutinized these benefits in depth.

Starting December 1, Maud Alvarez-Pereyre will take over as head of human resources, succeeding Gaemperle. Alvarez-Pereyre, previously responsible for talent and transformation, is stepping into her new role during a period of significant transition and strategic personnel management restructuring.

These recent changes at Moët Hennessy and within LVMH's broader leadership team are part of a strategic realignment. In late October, Chris de Lapuente, head of the "selective retailing" division—which includes Sephora, Le Bon Marché, and La Samaritaine—announced his retirement. LVMH has confirmed that Guillaume Motte, president of Sephora, will join the company's executive committee on February 1. Motte's promotion follows his successful efforts to expand and modernize the cosmetics chain across key global markets.

Amid ongoing internal shifts, LVMH is focused on reinforcing its position in the luxury sector and enhancing its internal structures. The arrival of Alexandre Arnault and the reshuffling of key executives suggest a strategic push toward growth and innovation across its diverse business areas.

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