By  on June 2, 2009

Chanel has promoted Barbara Menarguez to senior vice president and chief financial officer.

An 11-year veteran of the company, she most recently was vice president, strategy, a role created in 2006 and one that involved working with global chief executive officer Maureen Chiquet, executing strategic initiatives and sharing ideas across all divisions. Menarguez succeeds Mike Murphy who left the company in October.

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