(Bloomberg) -- LVMH has chosen an eventual successor to its long-time chief financial officer as billionaire Bernard Arnault prepares a new generation of leaders to steer the world's biggest luxury group. The parent company of Louis Vuitton appointed Cecile Cabanis as deputy finance director, reporting to CFO Jean-Jacques Guiony. A former CFO of French yogurt maker Danone SA, Cabanis is currently deputy chief executive officer of Tikehau Capital.