MHUSA Appoints New Chief

Dear Client: Moet Hennessy announced this afternoon they have appointed Jim Clerkin as president and ceo of Moet Hennessy USA, effective December 1st, 2010. He succeeds Mark Cornell, who has been the head of MHUSA since 2006. According to the statement, Mark's "next assignment within the LVMH Group will be communicated very soon."Jim joined MHUSA in June 2008 as evp and coo, with responsibility for global brands. Before joining MH, he had roles of increasing responsibilities within the Guinness Group,