LVMH Announces New Head of North America

The luxury giant has named Anish Melwani its North American chairman and CEO.

Melwani comes to the company from McKinsey & Co., where he coleads the global strategy and corporate finance division. His appointment is meant to help “further accelerate growth and explore new development opportunities,” according to a statement from LVMH chairman and CEO Bernard Arnault.

Melwani replaces as chairman Pauline Brown, who has resigned to “pursue other opportunities,” said a statement.

Brown, who also had a private equity background, joined LVMH at the end of 2012. 

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