• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
The construction site of a Louis Vuitton project is covered by an advert from a monogrammed Louis Vuitton trunk on the Champs-Elysees avenue in Paris, France, December 29, 2023. REUTERS/Benoit Tessier/File Photo
The construction site of a Louis Vuitton project is covered by an advert from a monogrammed Louis Vuitton trunk on the Champs-Elysees avenue in Paris, France, December 29, 2023. REUTERS/Benoit Tessier/File Photo
Cecile Cabanis, then Chief Financial Officer of French food group Danone, poses before a news conference in Paris, France, February 16, 2018. REUTERS/Pascal Rossignol/File Photo
Cecile Cabanis, then Chief Financial Officer of French food group Danone, poses before a news conference in Paris, France, February 16, 2018. REUTERS/Pascal Rossignol/File Photo
Home
Business
Retail & Consumer

LVMH replaces leadership at spirits unit Moet Hennessy

November 14th, 2024 | 05:57 AM BUSINESS Retail & Consumer 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Coty sees weak quarterly profit, withholds annual forecasts in 'transition year'
China orders entities not to assist EU's JD.com probe
Off-price retailer TJX raises annual profit forecasts
Hershey targets the health-conscious with savoury Halloween snacks
By Reuters

Luxury group LVMH (LVMH.PA) said on Thursday it is overhauling management of its wines and spirits division Moet Hennessy, with chief financial officer Jean-Jacques Guiony to become president and CEO of the unit from Feb. 1.

Guiony will be replaced as CFO by current deputy CFO Cecile Cabanis who was hired in June and had initially been expected to take over the job after 18 months in her post.

Guiony will succeed long-time executive Philippe Schaus as CEO of Moet Hennessy, according to a LVMH statement.

Alexandre Arnault, son of LVMH chairman and CEO Bernard Arnault, will become deputy CEO of the division, also from Feb. 1.

In October, LVMH had dismissed a report by French investigative media La Lettre saying it was mulling a management reshuffle for its wine and spirits unit, which has been struggling with a sales slump in the United States and China.

Sales have dropped 8% over the first nine months of the year, making it the group's worst-performing business.

Schaus, who spent 21 years at LVMH, will support the new team in the first half of 2025, the company said, adding that he has decided to focus on non-executive roles.

Charles Delapalme, previously managing director at Christian Dior Couture, will be appointed President and CEO of Hennessy following a period of transition with current CEO Laurent Boillot, added the statement.

LVMH chairman Arnault has been reshuffling the upper echelons of the group in recent months, as a new generation gradually replaces retiring executives and his five children move up the ranks.

The company also appointed Maud Alvarez-Pereyre as executive vice president human resources and said she would become a member of the executive committee from Dec. 1.

It said late on Wednesday that head of human resources Chantal Gaemperle was leaving the group to pursue new projects.

  • Topic
  • LVMH
  • MANAGEMENT/ (UPDATE 2, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Coty sees weak quarterly profit, withholds annual forecasts in 'transition year'

Related Posts

Retail & Consumer
August 19th, 2026

Coty sees weak quarterly profit, withholds annual forecasts in 'transiti...

Retail & Consumer
August 19th, 2026

China orders entities not to assist EU's JD.com probe

Retail & Consumer
August 19th, 2026

Off-price retailer TJX raises annual profit forecasts

Retail & Consumer
August 19th, 2026

Hershey targets the health-conscious with savoury Halloween snacks

Retail & Consumer
August 19th, 2026

Target lifts annual forecasts again as Fiddelke's turnaround takes root

Retail & Consumer
August 19th, 2026

Estee Lauder forecasts strong annual profit on resilient fragrance deman...

The Wire
Aug 20th 4 h ago
Investigates

In China, rocket launches fuel tourism and space-age dreams

Aug 19th 5 h ago
Asia Pacific

Japan exports rise 23.2% year/year in July

Aug 19th 5 h ago
Baseball

D-backs score twice in 10th, salvage series finale at Red S...

Aug 19th 6 h ago
Government

US tells schools not to alter discipline policies to reduce...

Aug 19th 6 h ago
Transactional

China tax crackdown forces wealthy investors to assess thei...

TRENDING ON FINANCETIME
Aug 19th, 2026 Tennis

Paul ousts top seed Zverev to reach Cincinnati quarter-finals

Aug 19th, 2026 Litigation

AIA Group's first-half new business value rises 10%

Aug 19th, 2026 Energy

Brazil's largest thermal power plant shut down after equipment failure

Aug 19th, 2026 United Kingdom

Key moments in Prince Harry and Meghan's six years in California

Aug 19th, 2026 Sports

Orioles reinstate C Samuel Basallo (shoulder) to active roster

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT