After naming Anthony Ledru as the new CEO of Tiffany & Co, global luxury conglomerate, Louis Vuitton, has announced the appointment of David Ponzo as executive vice president for global commercial activities. This role was previously held by Ledru prior to his move to the American jeweller, which was acquired by the French luxury group earlier this month.
Since 2015, Ponzo has led Louis Vuitton's operations in Japan with his latest promotion; Ponzo will oversee Louis Vuitton's vast network of 460 stores, as well as its e-commerce platform.
The executive has more than proved his skills over the course of a career notable for its rich and varied international experience. This includes a range of management posts in Asia, at Omega, Swatch and finally at Louis Vuitton, where Ponzo became CEO and president for Japan in 2016, a role in which he appears to have attracted the attention of LVMH's top management.