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LVMH’s second-in-command departs after 23 years

Moving into the role of president at LVMH Italy, Mr. Belloni will now work on Moving into the role of president at LVMH Italy, Mr. Belloni will now work on "strategic missions" for Mr. Arnault. Image credit: LVMH/Jean Francois Robert

 

Bernard Arnault, CEO of French luxury conglomerate LVMH, is shaking up succession plans.