LVMH Shuffles Leadership at Dior and Louis Vuitton, Its Top Brands

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A new year brings a leadership shuffle to the ranks of Louis Vuitton Moët Hennessey, the world’s largest luxury goods group by sales, as its chairman and chief executive, Bernard Arnault, continues to promote his children to key posts within his empire.Mr. Arnault, the world’s richest person, appointed his daughter, Delphine Arnault, to run Dior, LVMH’s second-largest brand. Pietro Beccari, who has been Dior chief executive since 2018, was named the chief executive of LVMH’s flagship brand, Louis Vuitton, which accounts for almost two-thirds of the company’s annual operating profit.Michael Burke, the longtime Louis Vuitton chief executive and one of Mr. Arnault’s longest- …

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