In LVMH’s latest management reshuffle, Frédéric Arnault, who had headed its watch division since January 2024, will become CEO of LVMH-owned cashmere brand Loro Piana, according to reports in Reuters and elsewhere.
The stories did not name any possible successor for Arnault, 30, as CEO of LVMH’s watch division, which consists of TAG Heuer, Zenith, and Hublot.
Stéphane Bianchi is still listed as CEO of the overall watch and jewelry division. Last March, Bianchi was also named LVMH’s managing director.
The company did not return a request for comment.
(Photo courtesy of LVMH)
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