Moët Hennessy won a lawsuit against its former finance chief after LVMH’s drinks unit accused him of violating a non-disclosure agreement that he signed last year as part of his settlement when he was dismissed.
The Paris employment tribunal ordered Mark Stead to pay Moët Hennessy €100,000 ($116,000) on Wednesday for failing to respect the NDA, a court official said by phone. He was also ordered to pay €1,500 to cover Moët Hennessy’s legal fees. The judges’ full reasons for their decision won’t be available for several weeks.
The tribunal also threw out an unfair