LVMH Jew­ellery Head Francesco Tra­pani To Step Down

Solitaire - - SPECTRUM -

Hav­ing suc­cess­fully led the in­te­gra­tion of Bul­gari within LVMH, Francesco Tra­pani has de­cided to re­lin­quish his op­er­a­tional du­ties as head of the watches and jew­ellery di­vi­sion from March 1, 2014. He be­comes an ad­viser to the chair­man, on mat­ters re­lat­ing to the group’s jew­ellery op­er­a­tions, and re­mains a di­rec­tor on the board of LVMH.

The group’s jew­ellery maisons – Bul­gari, Chaumet, Fred and De Beers – will now re­port to Toni Bel­loni, LVMH group man­ag­ing di­rec­tor.

LVMH chief ex­ec­u­tive Bernard Ar­nault com­mented: “Over many years Francesco Tra­pani has pro­gres­sively built Bul­gari into a brand re­spected around the world for its re­fine­ment and ap­peal. Over the past three years, Francesco has suc­cess­fully com­pleted the in­te­gra­tion of this pres­ti­gious brand within our group. I am de­lighted that I will con­tinue to be able to draw on his wis­dom and ad­vice in the years ahead.”

Jean-Claude Biver, cur­rently pres­i­dent of Hublot, will also take re­spon­si­bil­ity for the other watch brands TAG Heuer and Zenith.

Ar­nault con­tin­ued, “I am also de­lighted that Jean-Claude Biver has agreed to lead our watch­mak­ing ac­tiv­i­ties. His ex­pe­ri­ence and achieve­ment within this sec­tor speak for them­selves, best il­lus­trated by the re­mark­able suc­cess of Hublot. I am con­vinced that his en­tre­pre­neur­ial talent and cre­ativ­ity will add sig­nif­i­cant mo­men­tum to our other brands in the sec­tor.”

Francesco Tra­pani

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