January 16, 2021
The musical chairs game will continue at LVMH. A week after anthony Redur was appointed as Tiffany’s new CEO, the global luxury conglomerate announced that it had appointed David Ponzo as Executive Vice President of Louis Vuitton’s global commercial activities. This role was previously held by Leddle before moving to the American Jeweler, which was acquired by a French luxury group earlier this month.
Since 2015, Ponzo has led Louis Vuitton’s business in Japan. He will replace Nicholas Willeger. Ponzo plays an important role in his latest promotion. One of his main responsibilities is to oversee Louis Vuitton’s vast network of 460 stores and its e-commerce platform.
The executive has not only proved his skills in the course of a remarkable career with his rich and diverse international experience. This includes various managerial positions in Asia, Omega, Swatch and finally Louis Vuitton. At Louis Vuitton, Ponzo was appointed CEO and President of Japan in 2016, apparently drawing the attention of LVMH’s top management.
In an internal memo, Louis Vuitton CEO Michael Burke, who has been Tiffany’s board chairman since last week, praised the executives. “For the past five years, David has successfully led the Japanese management team, which has become synonymous with excellence. He refines the brand by cultivating local customers, focusing on and organizing high-end products. We have contributed to the development of desirability. We are guiding you to some great events, exhibitions and the opening of unique stores. ” “The energy and enthusiasm he stimulated in the team allowed us to once again achieve a strong performance in Japan.”
Bilger, the successor to Ponzo and head of Louis Vuitton’s Japanese operations, also boasts a wealth of experience in Asia, where he has worked for over 20 years. For this graduate of Centrale Graduate School, his latest role was to return to LVMH, where he was sent to Tokyo for 16 months in 1996 to get him on the right track early in his career. ..
Executives who chose to stay in the Japanese capital have held successive positions at Shiseido, Estee Lauder and Longchamp. Still in Asia, he then transferred to coach, worked in Singapore and South Korea, and then returned to Japan. After working at Tesla, he rejoined LVMH in 2017 and took over as managing director of the Japanese and Korean duty-free shop DFS until January last year. Most recently, Villeger has focused on his own consulting firm, Tradeentry.
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Louis Vuitton Promotes David Ponzo to Head of Global Commercial Activities
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