LVMH announces appointments to its Executive Committee

Paris, 2017-Nov-11 — /EPR Retail News/ — The Group announces the following appointments to its Executive Committee:

Sidney Toledano becomes Chairman and CEO of the Fashion Group after 20 years at the helm of Christian Dior Couture. The CEOs of Céline, Givenchy, Loewe, Pucci, Kenzo, Marc Jacobs, Rossimoda and Nicholas Kirkwood will report into him. Sidney Toledano becomes a member of the LVMH Executive Committee.
Pietro Beccari has been appointed Chairman and CEO of Christian Dior Couture after heading up Fendi since 2012. He also becomes a member of the LVMH Executive Committee.

Pierre-Yves Roussel steps down as head of the Fashion Group after ten years and becomes Special Advisor to Bernard Arnault. He will shortly assume new operational responsibilities within the LVMH Executive Committee, of which he has been a member for 14 years.

Bernard Arnault commented: “Sidney Toledano is the driving force behind the huge success of Christian Dior Couture across the world. Over the past 25 years, he has done an outstanding job of developing the exceptional House of Christian Dior Couture and of promoting its elegance and modernity through its highly talented team of designers. I want to offer my profound gratitude and am delighted that we will continue to work together and benefit from his expertise.”

“The appointment of Pietro Beccari as head of Christian Dior Couture signals a new era,” added Bernard Arnault. “Having been an integral member of our Group for 12 years, Pietro has an excellent track record. After several years as Marketing Director of Louis Vuitton, he oversaw strong growth at Fendi by expertly harnessing the creativity of Karl Lagerfeld and Silvia Venturini Fendi and closely aligning it to the Roman influence of the House. He will be an excellent leader who will steer Dior towards ever greater success in the future.”

Bernard Arnault added: “I am sincerely grateful to Pierre-Yves Roussel for his excellent work. Thanks to his leadership, the Fashion Group’s various brands have achieved remarkable success over the last 10 years. In particular, he has played an instrumental role in the selection of the best creative talents and in implementing innovative strategies and high-performing teams within the different Houses.”

These appointments will take effect from the beginning of 2018.

The new CEO of Fendi will be announced in the near future.

Media Contacts:
Jean-Charles Tréhan
LVMH
+33 1 44 13 21 22

France: Michel Calzaroni / Olivier Labesse /
Hugues Schmitt / Thomas Roborel de Climens
DGM Conseil
+33 1 40 70 11 89

UK: Hugh Morrison / Charlotte McMullen
Montfort Communications
+44 203 770 7903

Italy: Michele Calcaterra / Matteo Steinbach
SEC and Partners
+39 02 62 49 991

US: Jim Fingeroth / Molly Morse / Anntal Silver
Kekst & Company
+1 212 521 4800

Source: LVMH

Tesco announces changes to its Executive Committee and International Leadership team

CHESHUNT, England, 2017-Mar-23 — /EPR Retail News/ — Tesco has today (20 Mar 2017) announced changes to its Executive Committee and International Leadership team.

After 38 years of distinguished service to Tesco, Trevor Masters, CEO Tesco International, will leave the business at the end of May.

Trevor began his Tesco career as a teenage management trainee. Over the last four decades, he has served as Operations Director for the UK, a member of the Executive Committee and CEO of our International business. His contribution to Tesco has included growing our Extra format; building our JV businesses in India and China; and rationalising our international business over the last two years.

Following the completion of the sale of our Turkish business, we will be giving greater focus to the two parts of our international business. This includes creating two new roles leading Asia and Central Europe on our Executive Committee.

We are pleased to announce that from 1 April, Tony Hoggett will become Tesco’s CEO Asia and Matt Simister will become Tesco’s CEO Central Europe.

Tony Hoggett joined Tesco as a sixteen year old student in 1990. He managed a number of stores across northern England before being promoted to Stores Director. In 2007 Tony moved to China, where he led our business in the South. In 2010, Tony joined the Turkish Board as Chief Operating Officer. He returned to the UK in 2011 and joined the UK Leadership Team as Retail Director in 2014 before becoming UK Chief Operating Officer in 2016. Over the last three years, Tony has led the transformation of our service model and customer experience in the UK.

Matt joined Tesco in 1996 initially as a marketer, and subsequently worked extensively across different categories in our Product team. After three years as Commercial Director for our Czech and Slovak businesses, Matt returned to the UK to set up our Group Food capability, managing our regional fresh food and Tesco Brand sourcing, buying and inbound supply chains for the UK, ROI, Central Europe and Asia.  For the last two years, Matt has integrated these capabilities into the UK business, and led his team to an exceptional trading performance across Fresh Food and Commodities, as part of our UK ambition to become First for Fresh.

Dave Lewis, Tesco Group Chief Executive, said:

“I’d like to thank Trevor for everything he has done for our business over the last four decades. He has worked tirelessly to strengthen and simplify our international business, and we couldn’t have made the progress we have without him.

“Tony and Matt’s work has been at the heart of Tesco’s turnaround over the last two years and I’m delighted that they will join our Executive Committee. Their new roles will allow us to focus on the different opportunities presented in Asia and Central Europe and I’m looking forward to working even more closely with them both”.

Notes:

  • Over the last two years, Tesco’s Executive Team has been simplified from 16 roles down to 11
  • Other roles in Tesco’s International Leadership team will remain in place, reporting to Tony Hoggett (Asia) and Matt Simister (Central Europe)

We are a team of 480,000 in 11 markets dedicated to serving shoppers a little better every day.

For more information please contact the Tesco Press Office on 01707 918 701  

Source: Tesco