LVMH Announces Cécile Cabanis as New Deputy Finance Director in Strategic Succession Move
LVMH has appointed Cécile Cabanis as deputy finance director, who will be reporting to Jean-Jacques Guiony, the group’s chief financial officer. The company announced that Guiony will prepare the progressive handover of his responsibilities to Cabanis as part of the succession planning. Guiony’s new responsibilities will be announced in due time. Additionally, Cabanis will become a member of the LVMH executive committee.
The company highlighted that she brings a track record with leading groups in a range of key finance positions, particularly in mergers and acquisitions and financial communications. Throughout her 17-year career within the Danone Group, she was appointed in 2015 as chief financial officer, overseeing finance, strategy, information systems, purchasing, and sustainability. Cabanis was a member of the Danone executive committee and board of directors.
For the past three years, Cabanis has been deputy chief executive officer of Tikehau Capital. She began her career in 1995 at L’Oréal in South Africa and in 2000 joined Orange as director of mergers and acquisitions before moving to the Danone Group in 2004.
LVMH expressed confidence in Cabanis’s extensive experience and leadership abilities, which they believe will contribute significantly to the company’s financial strategy and operations.