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Fredericarnault

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"Frédéric Arnault Rises to CEO of LVMH Watch Division in Strategic Family Move"
business-and-finance2 years ago

"Frédéric Arnault Rises to CEO of LVMH Watch Division in Strategic Family Move"

Frederic Arnault, the 29-year-old son of billionaire Bernard Arnault, has been appointed to lead the watch division of LVMH, overseeing prestigious brands such as Zenith, Hublot, and TAG Heuer. With a background that includes spearheading TAG Heuer's smartwatch initiatives and internships at McKinsey and Facebook's AI research division, Frederic joins his siblings in holding significant roles within the family-controlled luxury conglomerate. Bernard Arnault's empire, valued at $187.2 billion, has expanded significantly since the 1980s, now encompassing over 75 luxury brands.

"Frédéric Arnault Takes Helm as LVMH Watches' New CEO"
business-and-finance2 years ago

"Frédéric Arnault Takes Helm as LVMH Watches' New CEO"

Frédéric Arnault has been appointed as the new CEO of LVMH Watches, overseeing Hublot, TAG Heuer, and Zenith. His promotion follows his successful tenure as CEO of TAG Heuer, where he revitalized the brand with a modern approach while respecting its heritage. Julien Tornare, previously CEO of Zenith, will take over Arnault's former role at TAG Heuer, and Benoit de Clerck from Panerai joins as the new head of Zenith. Arnault's new position places him directly under Stéphane Bianchi, CEO of LVMH Watches & Jewelry, and signifies a strategic shift in the luxury group's watch division.