19 Dec '12, 6pm

Louis Vuitton's New CEO Steps Down After Only One Month On The Job by @KimBhasin

Cheng Xin See Also American Giant CEO Explains Why US Manufacturing Isn't Dead JCPenney Just Keeps Hiring Former Abercrombie Executives Here's What A Toys 'R' Us Catalog Looked Like In 1996 Jordi Constans is stepping down as CEO of Louis Vuitton , citing medical reasons. He joined the fashion house just last month. His medical condition is "not life-threatening," but he's unable to meet the physical demands for the job, since it requires him to be constantly traveling, a source told Miles Socha at Women's Wear Daily . Michael Burke, the CEO of LVMH-owned Bulgari , will take the helm of Louis Vuitton. "I have worked with Michael Burke for many years. He has enormous experience in our business and knows Louis Vuitton well," said LVMH CEO Bernard Arnault in a statement. "He is a seasoned leader with a well-rounded profile — pragmatic, multi-cultural and modern." “He has a lon...

Full article: http://www.businessinsider.com/louis-vuitton-ceo-steps-do...

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