Daniel Lalonde Appointed President & CEO of Louis Vuitton, N.A.NEW YORK -- LVMH LVMH Moët Hennessy-Louis Vuitton (upscale retailer) MoE1/2t Hennessy Louis Vuitton ("LVMH"), the world's leading luxury products group, today announced that Daniel A. Lalonde has been appointed President and Chief Executive Officer of Louis Vuitton North America, effective January 1, 2007. Mr. Lalonde currently serves as the President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of LVMH Watch & Jewelry N.A. Philippe Schaus, Senior Vice President, International of Louis Vuitton, said, "Daniel Lalonde is a highly skilled luxury brand executive. This is evident in the rapid growth and success of LVMH's Watch & Jewelry division in the North American market, notably the TAG Heuer brand, under his leadership. We look forward to welcoming Daniel to Louis Vuitton and know he will achieve continued success in his new position." Mr. Lalonde assumed his current position at LVMH Watch & Jewelry N.A. in April 2002. Before joining LVMH, he served as Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Nestle Nespresso S.A. and prior to that President of Nestle Nespresso Inc. in New York. Mr. Lalonde holds an M.B.A. from INSEAD INSEAD Institut Européen d'Administration des Affaires (European Institute for Business Administration; now know simply as INSEAD) INSEAD I Never Stop Eating And Drinking (France) and a Bachelor's degree in Mathematics from the University of Waterloo The University of Waterloo (also referred to as UW, UWaterloo, or Waterloo) is a medium-sized research-intensive public university in the city of Waterloo, Ontario, Canada. The school was founded in 1957. (Canada). In his new position at Louis Vuitton, Mr. Lalonde succeeds Jean-Marc Gallot, who was appointed President, Europe of Louis Vuitton earlier this year. Philip Corne, Louis Vuitton's President in Australia and New Zealand, has served as Acting President & CEO of Louis Vuitton N.A. since Mr. Gallot's departure and will continue to do so until Mr. Lalonde's arrival. About LVMH LVMH MoE1/2t Hennessy Louis Vuitton is the world's leading luxury goods group. The Group is represented in Wines and Spirits by a portfolio of brands that includes MoE1/2t & Chandon, Dom Perignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Chateau d'Yquem, Chandon Estates, Hennessy, Glenmorangie, Belvedere and Chopin. Its Fashion and Leather Goods division includes Louis Vuitton, the world's leading luxury brand, as well as Celine, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti, StefanoBi as well as eLUXURY, the authoritative online source for luxury goods on the Internet. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior Parfums Christian Dior is the make-up and perfumery line of Christian Dior SA, based on the company created by twentieth-century fashion designer Christian Dior. It was created in 1947 with the launch of Miss Dior perfume. , Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (Benefit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also active in selective retailing through DFS (Distributed File System) An enhancement to Windows NT/2000 and 95/98 that allows files scattered across multiple servers to be treated as a single group. With Dfs, a network administrator can build a hierarchical file system that spans the organization's LANs and , Sephora in Europe and the United States, Le Bon Marche and La Samaritaine. LVMH's Watches and Jewelry division comprises TAG Heuer, Chaumet, Christian Dior Watches, Zenith, Fred, the prestigious Italian writing instruments company of OMAS OMAS Official Mail Accounting System (US Postal Service) OMAS Outage Management & Analysis System and De Beers LV, a joint venture created with the world's leading diamond group. |
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