Lacoste's board of directors appointed Michel Lacoste as chairman of the board and CEO, as well as confirming the positions of Jean-Claude Fauvet and Marc Lumet as senior executive vice presidents at the board's most recent meeting. The appointment of Michel Lacoste follows the resignation of previous chairman Bernard Lacoste for health reasons. The board of directors named Bernard Lacoste honorary chairman of Lacoste S.A.