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LVMH rejigs beauty division management

Luxury giant LVMH Group announced on March 6 a reshuffle at its beauty division, including the appointment of former L’Oréal executive Stéphane Rinderknech as chairman and chief executive officer of the beauty division, in addition to his current responsibilities as head of LVMH hospitality excellence.

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Rinderknech will have global responsibility for the beauty division, completing the reorganisation of the group by category which includes maisons Parfums Christian Dior, Guerlain, LVMH Fragrance Brands (Parfums Givenchy and Kenzo) and Kendo.

Stéphanie Médioni, executive president of the beauty division, will report to Rinderknech and retain her responsibilities for maisons Acqua di Parma, Benefit Cosmetics, Fresh, Make Up For Ever, Maison Francis Kurkdjian, Loewe Perfumes, Officine Universelle Buly and Stella by Stella McCartney.

Meanwhile, Hugues Dusseaux, deputy president of the beauty division, and president of LVMH SEA- Oceania), will report to Rinderknech. As will Maud Alvarez-Pereyre, senior vice president human resources; Bruno Bavouzet, research & development director and Jean-Michel Moutin, chief operating officer.

Véronique Courtois has been appointed president and chief executive officer of Parfums Christian Dior, while Gabrielle Saint-Genis Rodriguez succeeds Courtois as president and chief executive officer of Guerlain.

Charles-Henri Levaillant, who has been digital and client development director at Louis Vuitton succeeds Saint-Genis Rodriguez as president and chief executive officer of Make Up For Ever.

In addition, Claude Martinez has been appointed president and chief executive officer of Gaia, the LVMH Group research and innovation center, and Laurent Kleitman, who was head of Parfums Christian Dior, has decided to leave the group to pursue other opportunities.

“The appointment of Stéphane Rinderknech at the head of the beauty division completes the reorganization of the Group by category,” said LVMH Group, CEO, Bernard Arnault.

“Stéphane has since his arrival guided the rebound of our hotel activities with considerable strategic agility, driving tremendous momentum across the entire organization. This experience in a new industry confirmed his ability to adapt, his leadership and direct engagement with teams. His deep understanding of the beauty industry will help him leverage the unique assets of each of our maisons.”