24-12-2012 — /europawire.eu/ — LVMH announces the appointment of Michael Burke as Chairman and CEO of Louis Vuitton. He joins the Executive Committee of the LVMH group.
Michael Burke, a dual French-U.S. citizen, joined the Group in 1986. He was CEO of Christian Dior USA from 1986 to 1993, when he took charge of Louis Vuitton North America. In 1997, Michael Burke moved to Paris to become Deputy CEO of Christian Dior Couture (worldwide). Following the acquisition of Fendi by LVMH in 2003, he was appointed CEO, transforming the brand into the success that it is today. Since February 2012, he has been CEO of Bulgari.
Bernard Arnault, Chairman and CEO of LVMH, said: “I have worked with Michael Burke for many years. He has enormous experience in our business and knows Louis Vuitton well. He is a seasoned leader with a well-rounded profile — pragmatic, multi-cultural and modern. He has excellent skills in motivating his teams. I am convinced that he is the right leader for Louis Vuitton’s future; he will build on the initiatives launched by Jordi Constans, bringing the vision and drive to continue advancing Louis Vuitton’s leadership position in luxury.”
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