LVMH appoints champagne heads

LVMH has appointed new chief executive officers for its champagne brands Moet & Chandon and Veuve Clicquot Ponsardin.

Former Veuve CEO Stephane Baschiera will take the Moet & Chandon post from March 2012 and Jean-Marc Lacave will become chief executive officer of Veuve Clicquot.

Stephane Baschiera joined Moet Hennessy, the wines and spirits division of LVMH, in 1996 and has been commercial director of Moet Hennessy Diageo France, director of Moet Hennessy in Italy, and then chief executive officer of the Maison Ruinart. Since 2009, he has held the position of CEO, Maison Veuve Clicquot Ponsardin.

Jean-Marc Lacave joined LVMH’s UK watches & jewellery division in 2001. Since 2007 he has been CEO of watches & jewellery in Asia.