Trapani praised for building Bulgari brand; will remain advisor.
Francesco Trapani will step down from his role as head of LVMH’s Watches and Jewelry division.
From March 1, Trapani will no longer hold an operational role at the business but will continue to have some sway at the luxury conglomerate through a new role as advisor to LVMH group chairman Bernard Arnault. Trapani will retain his position as a director of the board of LVMH.
Arnault said: “Over many years Francesco Trapani has progressively built Bulgari into a brand respected around the world for its refinement and appeal. Over the past three years, Francesco has successfully completed the integration of this prestigious brand within our group. I am delighted that I will continue to be able to draw on his wisdom and advice in the years ahead."
Following Trapani’s departure, LVMH’s jewellery brands – Bulgari, Chaumet, Fred and De Beers – will now report to LVMH group managing director Antonio Belloni.