Pierre Louette Named President and CEO of Les Echos-Le Parisien Group

PARIS--(BUSINESS WIRE)-- The LVMH Group is pleased to announce the appointment of Pierre Louette as President and Chief Executive Officer of the Les Echos-Le Parisien Group. Starting March 12, he will succeed Francis Morel, who has decided to focus on new projects after seven years with the media group. LVMH salutes his accomplishments which have allowed Les Echos to strengthen its position as a paper of reference in its market, seen the critically acclaimed launch of Les Echos Week-End and the integration of Le Parisien within the LVMH media group.

A former student of the Ecole Nationale d’Administration, Pierre Louette was the author of a report on "the information highways" in 1994, thus contributing to the development of new communication networks. At the head of the Connectworld Web agency within the Havas group, he participated in the development of the Internet in France. From 2000 to 2003, he held a management position at Europ@web, Groupe Arnault's Internet division. Pierre Louette was subsequently President and CEO of Agence France-Presse from 2005 to 2010, prior to joining Orange, where he was Executive Vice President up to the present day.

Bernard Arnault, Chairman and CEO of LVMH, said: “I am delighted to welcome Pierre Louette to head the press group of LVMH. I am sure that given his experience in the Communications sector, he will work with the talented teams to further strengthen the influence and visibility of our titles and more generally, the relevance of our media especially in the digital sphere.”

About LVMH

LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Colgin Cellars, Hennessy, Glenmorangie, Ardbeg, Belvedere, Woodinville, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton, Bodega Numanthia and Ao Yun. Its Fashion and Leather Goods division includes Louis Vuitton, Christian Dior Couture, Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Nicholas Kirkwood, Loro Piana and RIMOWA. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Perfumes Loewe, BeneFit Cosmetics, Make Up For Ever, Acqua di Parma, Fresh, Kat Von D and Maison Francis Kurkdjian. LVMH's Watches and Jewelry division comprises Bvlgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred and Hublot. LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, La Samaritaine, Royal Van Lent and Cheval Blanc hotels.

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Source: LVMH Moët Hennessy Louis Vuitton