LVMH announces that Jordi Constans will join Louis Vuitton. Throughout 2012, Mr Constans will familiarise himself with the LVMH Group, specifically Louis Vuitton, and will succeed Yves Carcelle at the end of this process. Yves Carcelle was named CEO of Louis Vuitton in 1990. In the intervening 21 years of his tenure, Louis Vuitton has enjoyed spectacular and widely acclaimed growth to achieve its position today as the world’s leading luxury brand. Yves Carcelle will become President of the «Fondation Louis Vuitton», which is currently under construction to a design by celebrated architect Frank Gehry and which will open at the beginning of 2013. Mr Carcelle will remain a member of the LVMH Executive Committee and will undertake strategic roles alongside the Chairman. Until this appointment, Jordi Constans, 47, was Managing Director of one of the most important divisions within Danone SA and was also a member of the Danone Executive Committee. Bernard Arnault, Chairman and Chief Executive of LVMH, said: « I am delighted that Jordi Constans is joining the Group. Initially, he will have the privilege of working with Yves Carcelle, who has led Louis Vuitton with remarkable success since 1990. I wish him the very best for the future success of this iconic brand within the LVMH Group ».