New year, new people in new positions at LVMH Watches & Jewelry

Starting the new year with change, LVMH has announced new internal mobilities and appointments within its Watches & Jewelry Division, effective 1 January 2024. Here they are.

New Year, New CEO

Frédéric Arnault, who joined TAG Heuer in 2017, and became CEO of TAG Heuer in 2020, is appointed CEO of LVMH Watches. He is now 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 6 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 according to the company.

More CEO Changes

Julien Tornare, CEO of Zenith since 2017, is now CEO of TAG Heuer. His experience within the Group and his strong background in the watchmaking industry will be key in continuing the current development of the Maison and maximising the value of its iconic ranges

Benoit de Clerck has also succeeded Julien Tornare as CEO of Zenith. This appointment will allow the Maison to continue its unique history of innovation while building on the fundamentals to take the future of Swiss watchmaking one step further.

The True Head Honcho

Julien Tornare, Benoit de Clerck and Ricardo Guadalupe, CEO of Hublot, will report to Frédéric Arnault.

A Testimony

Stéphane Bianchi, CEO of LVMH Watches & Jewelry Division, said, “Fredéric has done a tremendous job at TAG Heuer over the past 6 years. His unique and disruptive vision for the watchmaking industry led to a spectacular transformation for TAG Heuer, which recovered its credentials in record time as the luxury watch brand driven by high performance.”

“I am extremely pleased to have Fredéric join me within the LVMH Watches & Jewelry Division to oversee our 3 Watch Maisons, and eager to see what his unique insights and vision will bring to fuel additional and sustainable growth for them.” Stéphane concluded.

More information can be found on the Official LVMH Website.