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LVMH Lines Up Next CFO as Luxury Empire’s Succession Stakes Grow

LVMH Lines Up Next CFO as Luxury Empire’s Succession Stakes Grow

LVMH has chosen an eventual successor to its long-time chief financial officer as billionaire Bernard Arnault prepares a new generation of leaders to steer the world’s biggest luxury group.

The parent company of Louis Vuitton appointed Cecile Cabanis as deputy finance director, reporting to CFO Jean-Jacques Guiony. A former CFO of French yoghurt maker Danone SA, Cabanis is currently deputy chief executive officer of Tikehau Capital.

Cabanis,…


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Israel says struck Hamas at UN school, Gaza officials report 3 dead

Israel says struck Hamas at UN school, Gaza officials report 3 dead

Antioxidant gel preserves islet function after pancreas removal

Antioxidant gel preserves islet function after pancreas removal: New approach could reduce diabetes complications