(CercleFinance.com) – LVMH announces that Toni Belloni, Deputy Managing Director and Chairman of the Executive Committee of the LVMH Group, has wished, after more than 23 years alongside Bernard Arnault, and in full consultation with him, to leave the Board of Directors. administration the day after the General Meeting which will be held on April 18, 2024.
Toni Belloni will retain positions within the Group: he will be responsible for strategic missions with Bernard Arnault and will be named President of LVMH Italy.
After discussions with the Governance and Compensation Committee, Bernard Arnault decided to entrust Stéphane Bianchi with the operational functions carried out by Toni Belloni; consequently, he will chair the Group’s Executive Committee and will exercise, alongside Bernard Arnault, the strategic and operational supervision of the Group’s Houses.
He will also supervise the Presidents of the Regions and the Group’s Digital and Data transformation.
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