HONG KONG. In a major development, DFS Group is restructuring its senior executive management team, DFS Chairman and CEO Ed Brennan announced today.
Michael Schriver, currently DFS President of Store Operations, has been promoted to Group President of Stores and Business Development. Philippe Schaus, Executive Vice President of Louis Vuitton Malletier, will join DFS this August as Group President of Merchandising and Marketing.
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Michael Schriver (left) and Philippe Schaus will spearhead DFS Group’s long-term growth aspirations | |
Ed Brennan told The Moodie Report: “These two appointments reflect our strategic commitment to growing our businesses in the longer term.
“Michael’s promotion recognises the key role he has played in our remarkable success in recent years, through adversity and many unexpected challenges. Adding Business Development to his responsibilities is a natural addition as we grow and develop new and existing locations.
“Philippe brings a rich and far-ranging international perspective to DFS. His broad-based marketing expertise will enhance our ability to expand our high-value customer initiatives and he will add a fresh perspective on how we work with our brands to meet our increasingly more demanding customer needs.”
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DFS Chairman and CEO Ed Brennan: “These two appointments reflect our strategic commitment to growing our businesses in the longer term.” | |
In this new structure, Harold Brooks, President of DFS Merchandising, and Jim Beighley, Senior Vice President of Marketing and Market Development, will report to Schaus. Senior Vice President of Business Development Christian Strang, who had reported to Ed Brennan, will report to Michael Schriver.
All DFS Division Managing Directors who oversee stores and Timothy DeLessio, President of Store Operations Strategy, will continue to report to Schriver.
Finance, Human Resources and Information Technology will continue to report to Chief Financial Officer Stephen Mangum.
Schaus joined Louis Vuitton Malletier in 2003 as President of Louis Vuitton Europe. In 2006, he became Senior Vice President, International, and in 2009 became Executive Vice President of Louis Vuitton Malletier. Before that he held senior management positions at French tableware manufacturing companies and was a consultant at Boston Consulting Group in Munich. He holds an MBA from INSEAD (1990) and was with J.P. Morgan & Co. in Brussels. He has an aerospace engineering degree from Université de Liège (Belgium).
Schriver joined DFS in 1998 as Vice President and General Merchandise Manager of DFS Hawaii. Later that year he moved to San Francisco to assume the post of Senior Vice President of Planning & Distribution. In 2001 he was promoted to Executive Vice President of Merchandising and in 2002 assumed the role of President of DFS Merchandising. In 2008, he was named President of Worldwide Store Operations. Prior to joining DFS, he spent 20 years with R.H. Macy & Co. in the United States.
DFS Group is one of the world’s leading luxury retailers, operating 13 luxury DFS Galleria stores in the Asia Pacific region and more than 200 stores at major airports in the Asia Pacific region, North America, India and Abu Dhabi. DFS is owned by LVMH Moët Hennessy Louis Vuitton and companies affiliated with DFS Co-Founder Robert Miller.
