Big News at LVMH: Frédéric Arnault Appointed CEO of LVMH Watches and TAG Heuer and Zenith Get New CEO's
Breaking news from LVMH Watches: Frédéric Arnault, who joined TAG Heuer in 2017, and became CEO of the tradition avant-garde brand in 2020, is appointed CEO of LVMH Watches, in charge of Hublot, TAG Heuer and Zenith. He will report to Stéphane Bianchi, CEO of LVMH Watches & Jewelry Division.
"After successfully driving the transformation and acceleration of TAG Heuer over the past six years, his new role within the Watches & Jewelry Division will ensure a strong and sustainable growth for the watch Maisons and reinforce LVMH's role within the watchmaking industry", says the official press release from today.
Filling his seat at TAG Heuer will be Julien Tornare, who has been CEO of Zenith since 2107. Benoit de Clerck succeeds Julien Tornare as CEO of Zenith. With 25 years in the watchmaking industry within the Richemont Group, Benoit de Clerck has led global sales in the competitive luxury good markets across four continents. He was Chief Commercial Officier at Panerai before his new role at Zenith.
Arnault's ascension to CEO of LVMH Watches means he will be reporting to Stéphane Bianchi. In turn, Julien Tornare, Benoit de Clerck, and Hublot's CEO Ricardo Guadalupe will each report to Arnault directly.
