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LVMH names new Chairman and CEO of Fashion Group

Feb 1, 2024 France
LVMH names new Chairman and CEO of Fashion Group
The French-based luxury conglomerate has named Michael Burke as Chairman and CEO of LVMH Fashion Group. He succeeds Sidney Toledano, who was appointed Advisor to Bernard Arnault
Burke, who joined Groupe Arnault with responsibility for investments in the US almost 40 years ago, has been Strategic Advisor to the Chairman since February 2023. During his career, he has held various leadership positions in the Group’s main Maisons. He was CEO of Christian Dior USA from 1986 to 1992, and then of Louis Vuitton North America from 1992 to 1997. In 1997, he was appointed Worldwide Managing Director of Christian Dior Couture, and subsequently Chairman and CEO of Fendi in 2003. In 2012 he was appointed CEO of Bulgari and then Chairman and CEO of Louis Vuitton. He also became non-executive Chairman of Tiffany’s Board of Directors in January 2021.

“After steering Louis Vuitton to new levels of success, I am delighted to see Michael Burke as Head of the Fashion Group, stated Bernard Arnault, Chairman and Chief Executive Officer of LVMH. “By my side even before the creation of LVMH, he has always been a key player in the Group’s success, largely thanks to his remarkable discernment and finesse of his work as the Head of Fendi, Bulgari and Louis Vuitton. These Maisons continued to grow and evolve while remaining faithful to their heritage and their unique savoir-faire (…). His extensive experience and his passion for craft and creativity are invaluable assets to pursue and further accelerate the dynamic growth of the Maisons in the LVMH Fashion Group”, he concluded.

He succeeds Sidney Toledano, who was appointed Advisor to Bernard Arnault and leaves the LVMH Executive Committee. “Sidney Toledano is an exceptional leader who has been by my side for many years, firstly at Dior and then at the LVMH Fashion Group (…). As Head of LVMH Fashion Group, his creative leadership contributed to the spectacular growth of our fashion Maisons, which benefited from his deep experience in further strengthening their desirability. Sidney Toledano will remain very much involved as my Advisor and will continue to share his passion and exacting professionalism with all the Group’s teams”, added Bernard Arnault, Chairman and Chief Executive Officer of LVMH.


Image Credits: pt.fashionnetwork.com/

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