LVMH management rejig: Frederic Arnault to now head Loro Piana—All LVMH roles held by Bernard’s children at a glance | Company Business News

Frederic Arnault, one of many 5 children of LVMH chairman and chief government officer (CEO) Bernard Arnault, will develop into chief government of the group’s high-end Italian cashmere label Loro Piana in June, stated the world’s greatest luxurious group. The transfer is a part of an ongoing in depth high management reshuffle as a new era rises by way of LVMH’s ranks.

Frederic Arnault, who presently leads LVMH’s watches division, will change Damien Bertrand as chief government of Loro Piana on June 10, 2025. Bertrand is being promoted to deputy CEO of Louis Vuitton. LVMH named its new divisional leaders in a November re-jig, together with his son Alexandre Arnault’s return to its Paris headquarters from Tiffany & Co. in New York.

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Billionaire founder Bernard Arnault’s children maintain high positions, with Frederic heading LVMH’s watches division for the previous yr. Whereas Bernard, 76, has given no indication he intends to step down, his children are carefully watched for indicators of shifting forward within the race to succeed him. The recent management reshuffle is probably going to put renewed consideration on succession planning.

Frederic Arnault can be managing director of Financiere Agache, one of many holding corporations by way of which the household controls its stake in LVMH Moët Hennessy Louis Vuitton SE. As of April 15, Pierre-Emmanuel Angeloglou will develop into deputy CEO of Christian Dior Couture and report to Delphine Arnault.

Frederic Arnault, 30, was beforehand CEO of watch model Tag Heuer and performed a key function in LVMH’s 10-year Method 1 sponsorship deal, introduced final yr. He’ll be a part of Loro Piana in March for a transition interval alongside Bertrand, who oversaw a surge in progress at the label.

Loro Piana, which sells “Present of Kings” loafers priced at 1,700 euros ($1,853) and light-weight cashmere coats at over 10,000 euros, grew to become a image of the success of the style business’s quiet luxurious pattern as rich shoppers sought extra discreet kinds within the post-pandemic interval. Frederic Arnault will report to his father’s former long-time deputy, Toni Belloni, who stepped down a yr in the past and moved to Italy to head the group’s operations there.

LVMH management rejig: All LVMH roles held by Bernard Arnault’s children

LVMH Chairman and CEO Bernard Arnault’s 5 children have been shifting up the ranks of the luxurious empire. All of them maintain high management roles within the firm. Here is a look at all LVMH roles held by Bernard Arnault:

DELPHINE ARNAULT, 49, grew to become chairman and CEO of trend label Christian Dior Couture in February 2023. She was beforehand government vp of Louis Vuitton, answerable for merchandise. She has additionally served as deputy managing director of Christian Dior Couture, and is a member of LVMH’s board of administrators and the group’s government committee. Delphine graduated from French enterprise faculty EDHEC and the London Faculty of Economics. 

ANTOINE ARNAULT, 47, is head of communications, picture and atmosphere for LVMH in addition to chairman and CEO of LVMH holding firm Christian Dior SE. He was CEO of the upscale menswear and shoe label Berluti from 2012 and stays chairman of the label after stepping down as CEO at the beginning of the yr. He has been chairman of Italian cashmere specialist Loro Piana since 2013. Beforehand head of communications at Louis Vuitton, he’s a member of LVMH’s board of administrators. Antoine has levels from French enterprise faculty INSEAD and Canadian enterprise faculty HEC Montreal.

ALEXANDRE ARNAULT, 32, grew to become deputy CEO of LVMH’s wines and spirits division, Moët Hennessy, in February. He was beforehand government vp, answerable for product, communications and industrial at Tiffany. He was additionally CEO of luggage-maker Rimowa, a place he held for 4 years beginning in 2016. Alexandre has a masters diploma from France’s Ecole Polytechnique. He’s a member of LVMH’s board of administrators. 

FREDERIC ARNAULT, 30, will be a part of Loro Piana on March 26 and can develop into CEO of the Italian cashmere label on June 10 after serving as Chairman and CEO of LVMH watches since January 2024. He’s additionally managing director of the household holding Financiere Agache. Frederic was CEO of Tag Heuer from 2020 to 2023. He was beforehand head of technique and digital director at the watch label, which he joined in 2017. Frederic is a graduate of France’s Ecole Polytechnique and is a member of LVMH’s board of administrators. 

JEAN ARNAULT, 26, has been director of promoting and improvement of Louis Vuitton’s watches division since August 2021, when he joined. Jean has a masters diploma in monetary arithmetic from Massachusetts Institute of Expertise and in mechanical engineering from Imperial School London.