BREAKING NEWS: Stephane Bianchi Stays Head Of LVMH Watches And Jewellery Division As Frederic Arnault Turns into CEO Of TAG Heuer

Frederic Arnault has been appointed because the CEO of TAG Heuer watches beginning July 1, 2020. Son of LVMH Chairman Bernard Arnault (LVMH is the dad or mum firm of TAG Heuer), Frederic Arnault is being promoted from his earlier title as Chief Technique and Digital Officer of TAG Heuer. The younger Frederic not too long ago headed up the launch of the up to date TAG Heuer Linked smartwatch (aBlogtoWatch hands-on right here). His place at CEO technically replaces that of former TAG Heuer CEO Stephane Bianchi – who will nonetheless stay at LVMH in a special function.

Mr. Frederic Arnault

In 2018 when Jean-Claude Biver left LVMH and who was the then CEO of TAG Heuer, Stephane Bianci (a then newcomer to LVMH) entered to exchange Mr. Biver’s function each because the CEO of TAG Heuer and has the pinnacle of the LVMH Watches Division (a group of some, however not all the conglomerate’s watch manufacturers that embody TAG Heuer, Zenith, and Hublot).

Mr. Bianci will stay in his bigger advisory function because the CEO of the LVMH Watches and Jewellery Division. In a way Frederic Arnault will proceed to report back to Mr. Bianci, as will the heads of each Zenith and Hublot. Different LVMH manufacturers that produce watches similar to Bulgari, will report to not Mr. Bianci, however slightly to LVMH’s Group Managing Director (who’s at the moment Toni Belloni).

Mr. Stephane Bianci

In March 2020 I sat down with Frederic Arnault to debate the then launch of the brand new TAG Heuer related and to get a way of his plans for the corporate. Frederic is amongst a number of of father Bernard’s youngsters who run LVMH manufacturers. Whereas it’s true that he studies to his father, Arnault senior has seemingly strategically aligned his baby to compete with each other in working their numerous corporations. All indicators level to the truth that Frederic Arnault is totally motivated not just for success, however to proceed reworking TAG Heuer right into a Swiss watchmaker with a broad enchantment amongst youthful luxurious seekers, whereas additionally respecting the model’s legacy which started in 1860.