PARIS — Daniel Lalonde is to leave his role as president and chief executive officer of Champagne producer Moët & Chandon at the end of the month, WWD has learned.
According to market sources, he informed his staff that he would be returning to the U.S., and leaving French luxury group LVMH Moët Hennessy Louis Vuitton.
His next move could not immediately be learned.
Lalonde took up the post at LVMH’s wines and spirits division in July 2010 after stints as president and ceo of Louis Vuitton North America and LVMH’s Watch & Jewelry division in North America.
He joined LVMH’s watch business in 2002 from Nespresso, a high-end coffee brand owned by the Nestlé conglomerate.
An M.B.A. graduate from France’s INSEAD business school, he has held positions at Häagen-Dazs and the consulting firm Deloitte & Touche.
Lalonde could not be reached for comment on Wednesday. LVMH declined to comment.