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LEADERSHIP QUOTE OF THE DAY (23 May 2012): You gain STRENGTH| COURAGE AND CONFIDENCE by every experience in which you really stop to look fear in the face. You must do the thing you think you cannot do. - Eleanor Roosevelt

SUCCESS

Louis Vuitton's New CEO

Jordi Constans, a 47-year-old Spaniard who is managing director at yogurt company Danone, will take the helm at one of France's most prestigious fashion brands, Vuitton's parent company, LVMH.

He replaces longtime CEO of Louis Vuitton, Yves Carcelle, whose 21-year-long tenure helped turn the historic trunk-maker into one of the world's most coveted luxury brands.

The statement paid homage to the "spectacular and widely acclaimed growth" at Vuitton under Carcelle, who was appointed CEO in 1990.

Carcelle will become president of the Fondation Louis Vuitton, a space opening in 2013 to promote the arts. He will remain on the executive of LVMH, the statement said.

Rumours have also been swirling for weeks that the label's designer, Marc Jacobs, would be leaving for Christian Dior, another Paris-based luxury supernova.

Lessons From Michael Dell

Entrepreneurial advice from Michael Dell... 20 years, $40 Billion - he should know.

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Wealthy Leaders

Prime Minister John Key has been ranked in a list of the top 20 wealthiest leaders in the world...

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