LONDON, United Kingdom – BoF compiles the most important professional moves of the week.
New Presidents at Banana Republic, Gap
American retail giant Gap Inc. has named Jeff Kirwan and Andi Owen as the global presidents of Gap and Banana Republic, respectively. Both senior executives come from within the company: Kirwan, 48, has been the president of Greater China for Gap Inc. for the last three years, while Owen, 49, spent 19 years at Banana Republic before heading up Gap Outlet. Gap's current global president Stephen Sunnucks will exit the company on December 19, and the appointments come a month after longtime CEO Glenn Murphy announced he will be stepping down in February.
Chaumet Appoints CEO
After ten years at Louis Vuitton, Jean-Marc Mansvelt will take over at the helm of Chaumet. Mansvelt will begin his new role at the Paris-based jeweller on January 1, succeeding longtime chief executive Thierry Fritsch. Mansvelt leaves the role of director of leather goods and accessories at Louis Vuitton. Fritsch, 59, has led Chaumet since 2001 and will exit the company to pursue other interests. Both Chaumet and Vuitton are controlled by LVMH Moët Hennessy Louis Vuitton.
De Boni Exits Giorgio Armani
Graziano de Boni is stepping down from his role at Giorgio Armani Corp as chief executive officer of the North America division, after serving the Italian luxury label for nearly four years. He will be succeeded by the managing director of Armani’s Swiss business, Giuseppe Marsocci, who will relocate to New York for the role. Boni’s resignation will take effect at the end of the year.
InStyle Hires New Publisher
Nina Lawrence, vice president of global marketing and advertising sales for The Wall Street Journal, has been named as the new publisher of InStyle magazine. She succeeds former vice president and publisher, Karin Tracy, who has only been in the role since May 2013. Prior to joining the WSJ, she had 15 year career at Condé Nast, where she led the relaunch of W in 2010.
Mr Porter Names Creative Director
Men's online luxury retailer Mr Porter has tapped Ben Palmer as its new creative director, effective early 2015. Palmer, who succeeds Leon St-Amour in the role, will be responsible for the "visual look and feel of the brand". Palmer leaves his role at Burberry, where he served as head of creative media design. Earlier in the week, the retailer hired Adam Welch as deputy editor and Lauren Luxenburg as social media editor.
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