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Restructuring Underway at Guerlain

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By: TOM BRANNA

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The perfumes and cosmetics group of LVMH has confirmed it is in the process of restructuring Guerlain, Inc., the U.S. subsidiary of the French fragrance and cosmetics house. The move is in response to the resignation of Marjorie Wollan, who had been president and chief executive officer of the company for nearly four years. Ms. Wollan will leave the company early next year. Camille McDonald, current president and CEO of Parfums Givenchy Inc. and American Fragrances LLC, will add this position to...

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