Sephora Names P&G Veteran New CEO

LVMH announced the appointment of longtime Procter & Gamble veteran Christopher de Lapuente as global president and CEO of Sephora, effective March 31, 2011. Lapuente joined P&G in 1983. He spent the whole of his career with the company, and in 2004, he was appointed president, the youngest ever in P&G history.