Belloni succeeds Ullman in senior LVMH role

Print Article E-Mail Article

LVMH has appointed Antonio Belloni as its new group managing director, replacing Myron Ullman III who becomes ceo of LVMH Inc, the company's US division. Belloni joined in June 2001 from Procter & Gamble.

The company said Ullman wanted to reduce the amount of global travel involved in his role, citing health reasons. Ullman continues as a member of the LVMH board and executive committee. He has been named vice-chairman of the board of Christian Dior. He will also serve as chairman of the board of the LVMH joint venture with De Beers. Before his senior LVMH role, Ullman was chief executive of DFS Group.

LVMH chairman and ceo Bernard Arnault said: " Mike Ullman has made a tremendous contribution to the success of the group. He has been an exceptional partner and strong leader."

Ullman said: "I am very fortunate to have had the opportunity over the past 15 years to hold senior management roles at leading companies in Asia, the US and Europe. I look forward to our continuing collaboration at LVMH and Christian Dior."