Loewe CFO Eloy Rodrigo departs
Spanish luxury goods brand Loewe, part of French group LVMH, is parting ways with its CFO as Eloy Rodrigo leaves the company to head up the finance team at Vodafone Spain.
Eloy Rodrigo joined Loewe in 2016 from Givenchy, which is also owned by LVMH, where he served as director of finance in the period between 2008 and 2012. He was promoted to chief financial officer and chief operating officer in October 2016, with his remit expanded to oversee finance, corporate affairs, legal, innovation, science and technology, logistics and purchasing.
The executive started his career working at Arthur Andersen, where he spent eight years. In 2002 he became senior controller of Toys R Us in Southern Europe and three years later he moved to French fragrance company Marionnaud to lead the finance department.
According to Vodafone Spain, Eloy Rodrigo will join the telecommunications operator on 5 December to replace current CFO Miguel Orue-Echebarría, who has accepted a position in the financial department of Vodafone’s UK business. The transition process will continue until 1 March, with Eloy Rodrigo expected to “bring a new vision to the development of Vodafone’s business in Spain,” said Antonio Coimbra. Loewe declined to respond to a request for comment from FashionNetwork.com.
Madrid-based Loewe was founded in 1846 by Enrique Loewe. The business has been led by former Celine boss Pascale Lepoivre since 2016, growing to more than 200 stores in 28 countries. Its list of boutiques includes Casa Loewe concepts in Madrid, Tokyo and London. Meanwhile, in the first nine months of the year, LVMH posted revenues of 38.39 billion euros, up 16% year-on-year.
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