LVMH Group Managing Director Toni Belloni steps down, succeeded by Stephane Bianchi in a management reshuffle.
LVMH's Group Managing Director Toni Belloni steps down as the luxury group undergoes a management reshuffle, with Stephane Bianchi, head of LVMH's watches and jewelry unit, set to succeed him. Belloni, who has overseen the group's labels, will leave the board after LVMH's annual general meeting on April 18. LVMH Chairman and CEO Bernard Arnault, 75, is preparing for the next generation of leaders, with his five children already working at the company.
March 21, 2024
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