PARIS — Jean-Jacques Guiony, chief financial officer at LVMH Moët Hennessy Louis Vuitton, will be donning an additional hat and become president of La Samaritaine, WWD has learned.
Guiony will succeed Philippe de Beauvoir, who will retire after more than 22 years at the helm of the landmark Paris department store. De Beauvoir is to remain on Samaritaine’s board of directors, and Guiony will continue in his cfo role at the world’s largest luxury group, an LVMH spokesman said.
Shuttered abruptly in June 2005 because it did not meet city fire safety standards, La Samaritaine is to be reborn as a complex combining stores, offices, housing and a hotel. It is slated to open in 2013, and will be designed by the Pritzker Architecture Prize-winning Japanese agency SANAA.
Guiony joined LVMH from investment firm Lazard Frères in 2003 and was appointed cfo the following year.
Last month, LVMH appointed Patrice Wagner to succeed de Beauvoir as chairman and chief executive officer of Le Bon Marché, its high-end Left Bank department store. Wagner joined LVMH from German retailer Karstadt.