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LVMH rejigs beauty division, names Stephane Rinderknech CEO

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Reuters UK

PARIS (Reuters) – LVMH, the world’s largest luxury company, on Monday named Stephane Rinderknech as chairman and CEO of its beauty division, rounding out a series of broader management changes at the owner of Guerlain and Parfums Christian Dior. A former L’Oreal executive with extensive experience in the U.S. and Asia, Rinderknech joined LVMH in 2022 and has been heading the group’s hotels business, which he will continue to also manage. “Stéphane has since his arrival guided the rebound of our hotel activities with considerable strategic agility, driving tremendous momentum across the entire …

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