(Finance) – LVMH, the French luxury giant, has announced a series of appointments within the Watches and Jewelery Division. The most important is the appointment of Frédéric Arnault28 year old fourth son of Bernard Arnault, a CEO of LVMH Watchesthe new division responsible for prestigious brands such as Hublot, TAG Heuer and Zenith
Frédéric Arnault is joined TAG Heuer in 2017 and became CEO of TAG Heuer in 2020. He will report to Stéphane Bianchi, CEO of LVMH’s Watches & Jewelry division. Having successfully led the transformation and acceleration of TAG Heuer over the past 6 years, his new role within the Watches & Jewelry division will ensure “strong and sustainable growth for the watch houses and strengthen LVMH’s role in the watchmaking sector”, we read in a note.
Among other appointments, Julien Come backCEO of Zenith since 2017, is appointed CEO of TAG Heuer. Benoit de Clerck succeeds Julien Return as CEO of Zenith. Julien Tornare, Benoit de Clerck and Ricardo GuadalupeCEO of Hublot, will report to Frédéric Arnault.