Michael Burke Out, Pietro Beccari Becomes Louis Vuitton CEO

Photo: Ernesto S. Ruscio/Getty Images Major executive swaps strike Louis Vuitton and Christian Dior Couture, two houses under the LVMH umbrella. On Wednesday, the luxury conglomerate announced that Michael Burke, who’s been the chairman and CEO of Louis Vuitton for ten years, is moving into an unnamed role reporting directly to LVMH CEO Bernard Arnault. Pietro Beccari — most recently chairman and CEO at Dior — will replace him. “[Pietro Beccari’s] leadership has accelerated the appeal and success of this iconic maison. Monsieur Dior’s values of elegance and his innovative spirit have been given fresh intensity, supported by very talented… Read Full Article