Consumer
LVMH Lines Up Next CFO as Luxury Empire’s Succession Stakes Grow
- CFO Guiony will have new responsibilities, LVMH says
- Reshuffle amid top ranks continues at Arnault’s luxury group
Cecile Cabanis
Photographer: Marlene Awaad/Bloomberg
LVMH has chosen an eventual successor to its long-time chief financial officer as billionaire Bernard Arnault prepares a new generation of leaders to steer the world’s biggest luxury group.
The parent company of Louis Vuitton appointed Cecile Cabanis as deputy finance director, reporting to CFO Jean-Jacques Guiony. A former CFO of French yogurt maker Danone SA, Cabanis is currently deputy chief executive officer of Tikehau Capital.