Pietro Beccari, the chair and CEO of Louis Vuitton has been promoted. Effective January 1, he will take on the role of chair and CEO of the LVMH Fashion Group, which includes Celine, Loewe, Kenzo and Marc Jacobs. He will combine these new responsibilities with his role at Louis Vuitton.Beccari has been leading Louis Vuitton since 2023.
Damien Bertrand, current deputy CEO of Louis Vuitton, will become a member of the LVMH executive committee. Sidney Toledano, who’s currently at the helm of the Fashion Group, has decided to step down from his operational role, according to a statement sent on Tuesday.
LVMH chair and CEO Bernard Arnault said in a statement: “I would like to warmly thank Sidney Toledano, who has been by my side for over 30 years and has always been present, in all circumstances, with determination, talent, and loyalty. He will remain my special advisor.
After a rich decade of leading Dior and Louis Vuitton, I am delighted that Pietro Beccari has also agreed to bring his expertise to the LVMH Fashion Group maisons. Pietro is a great leader and a unique talent with boundless energy. He knows how to surround himself with talents and develop them to prepare the future of the maisons.
At the head of Louis Vuitton, he will be able to rely even more on Damien Bertrand, whose contribution has been significant in recent months and who now joins the Group’s Executive Committee.”
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