LVMH introduces Deputy CEO of Parfums Christian Dior and LVMH Beauty Division

By Lollie Hancock | Published: 10-Mar-2026
Fragrance Finance

Philippe Farnier steps into this newly created role, reporting to Véronique Courtois, Chairman and CEO of Parfums Christian Dior and the LVMH Beauty Division

LVMH has appointed Philippe Farnier as Deputy CEO of Parfums Christian Dior and the LVMH Beauty Division.

In this newly created role, effective as of 9 March, Farnier will report to Véronique Courtois, Chairman and CEO of Parfums Christian Dior and the LVMH Beauty Division.

The pair will work closely together on key strategic initiatives.

Farnier will also oversee the commercial & omnichannel activities across the Division.

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“I am absolutely delighted of Philippe’s appointment as Deputy CEO of Parfums Christian Dior and LVMH Beauty Division,” said Courtois. 

“Philippe's exceptional leadership, international strategic acumen, and deep industry knowledge make him the perfect partner to take over this strategic role. 

“I am confident that together we will further strengthen our organisation and accelerate our sustainable growth strategy, building on incredible talents within our Maisons.”

Stéphane Bianchi, LVMH Group Managing Director, added: “I am very pleased with the appointment of Philippe as Deputy CEO of Parfums Christian Dior and LVMH Beauty Division.

“Together with Véronique, I am certain he will bring his expertise of driving significant transformations and his deep understanding of global luxury dynamics to redefine excellence and creativity in the beauty sector.”

Farnier brings over three decades of leadership experience in the global luxury industry to the role, including serving as CEO & Head of CSR at Cognac house Rémy Martin and France General Manager for YSL Beauty.

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