Albert Bensoussan, chief executive officer of watches and jewelry at Kering’s stepped down from his post shortly after LVMH confirmed the acquisition of Tiffany for 16.2 billion dollars to pursue personal projects outside Kering.
He joined the conglomerate in 2014 to strengthen and increase its watch and jewellery business. Prior to that Bensousaan has worked with LVMH for 15 years and served as Director of watches and jewellery business unit.
A press release by the French Luxury Group stated, “We warmly thank Bensoussan for his contribution over the past five years in the lead of the watch and jewellery division.”Talking to the FashionNetwork.com the group informed that the division which includes Qeelin, Pomellato among others, will now report directly to Jean-François Palus, Kering’s group general manager.
(This story first appeared on theindianwire.com)