LVMH Appoints New CEO for Beauty Division — Retail Bum

Luxury group LVMH has named Stéphane Rinderknech as its beauty division’s chairman and chief executive officer.

Rinderknech will oversee the company’s beauty business across various categories and manage LVMH perfume maisons Christian Dior, Guerlain, LVMH Fragrance Brands, including Givenchy and Kenzo, and Kendo. He will also continue to serve as the head of LVMH hospitality excellence.

“The appointment of Stéphane Rinderknech as the head of the beauty division completes the reorganization of the group by category,” said Bernard Arnault, chairman and chief executive officer of LVMH.

“Stéphane has, since his arrival, guided the rebound of our hotel activities with considerable strategic agility, driving tremendous momentum across the entire organization. This experience in a new industry confirmed his ability to adapt, his leadership and direct engagement with teams.”

The beauty division’s Executive President, Stéphanie Médioni, will report to Rinderknech and continue to manage Maisons Acqua di Parma, Benefit Cosmetics, Fresh, Make Up For Ever, Maison Francis Kurkdjian, Loewe Perfumes, Officine Universelle Buly and Stella by Stella McCartney.

In addition, Deputy President Hugues Dusseaux, Senior Vice President of Human Resources Bruno Bavouzet, Chief Operating Officer Jean-Michel Moutin and LVMH SeaOceania President Maud Alvarez-Pereyre will all report to Rinderknech.

Originally published at https://retailbum.com on March 8, 2023.