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LVMH Board Appointments, Revlon CEO Steps Down, Ralph Lauren Global Brands President Exits

LVMH’s Appointments to the Board of Directors

LVMH Moët Hennessy Louis Vuitton is set to propose the appointments of Clara Gaymard and Natacha Valla to its board of directors at its general meeting on April 14. Gaymard has held numerous positions within the French Government and served as chief executive officer of General Electric France. Vallais joins from CEPII, an economic think tank, where she is currently deputy director.

Revlon CEO Steps Down

Revlon’s chief executive officer Lorenzo Delpani is leaving the company, effective immediately. He will remain on the company’s board and serve as an adviser. The announcement comes after Ron Perelman, Revlon’s controlling shareholder and chairman, said he would seek strategic alternatives for the company. The cosmetics maker has also promoted executive vice president Gianni Pieraccioni to chief operating officer.

Ralph Lauren Global Brands President Exits

Christopher Peterson, president of global brands at Ralph Lauren Corporation, will step down from his role as of May 31. His position, which was created in April 2015, is being eliminated. Since joining the company in 2012, Peterson has held positions including executive vice president, chief administrative officer and chief financial officer.

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