LVMH names Vuitton CEO-in-waiting
19/09/2011
Yves Carcelle became chief executive of Louis Vuitton in 1990. On stepping down, he will become president of the Fondation Louis Vuitton, which is currently under construction to a design by celebrated architect Frank Gehry, and which will open at the beginning of 2013. Mr Carcelle will remain a member of the LVMH executive committee.
Bernard Arnault, chairman and chief executive of LVMH, said on announcing the appointment: “I am delighted that Jordi Constans is joining the group. Initially, he will have the privilege of working with Yves Carcelle, who has led Louis Vuitton with remarkable success since 1990. I wish him the very best for the future success of this iconic brand within the LVMH Group.”