PARIS — S.T. Dupont said Wednesday that Marc Lelandais would become president of its management board, effective Sept. 9.
Lelandais, 39, joins the Paris-based maker of luxury lighters, pens, men’s wear and accessories from Escada, where he was general manager of accessories and licenses.
Lelandais succeeds William Christie, whose position was terminated. An S.T. Dupont spokesman declined to elaborate.
Anticipation of a management change may have contributed to a 17 percent spike in S.T. Dupont shares on the Paris Bourse on Tuesday, which compelled the company to suspend trading. The spokesman said speculation about an acquisition or share buyback might also have goosed the stock. Normal trading is expected to resume today.