Daily Tribune
Chairman and CEO of the watch division LVMH, Frederic Arnault arrives arrives for a state dinner at the Royal Palace in Rabat on 29 October 2024, as part of a three-day state visit by France's President Emmanuel Macron to Morocco.
Ludovic MARIN / AFP
LVMH continues its executive reshuffle with key leadership changes, marking a significant step in the luxury conglomerate's generational transition.
Frédéric Arnault, the 29-year-old son of LVMH chairman and CEO Bernard Arnault, has been appointed CEO of Loro Piana, the high-end Italian cashmere brand. He will officially join on 26 March for a transition period alongside current CEO Damien Bertrand, before fully assuming the role in June.
This move is part of a broader restructuring within LVMH’s top ranks as the next generation of leadership emerges. Frédéric, who has headed LVMH's watches division for the past year and previously served as CEO of Tag Heuer, played a crucial role in securing LVMH’s 10-year Formula 1 sponsorship deal. He will report to Toni Belloni, chairman of LVMH Italy.
Loro Piana, which celebrated its centennial last year, has thrived as a key player in the quiet luxury trend, offering discreet yet opulent fashion pieces. The brand’s prominence surged following its feature in the hit HBO series Succession, reinforcing its status among ultra-high-net-worth clientele.
Meanwhile, Bertrand will transition to the role of deputy CEO of Louis Vuitton, effective 10 June 2025. He will oversee product creation and development, brand image, communication, and industrial activities, reporting to Louis Vuitton CEO Pietro Beccari. Additionally, he will join the LVMH executive committee in January 2026.
Another key appointment is Pierre-Emmanuel Angeloglou, currently managing director of the LVMH Fashion Group, who will become deputy CEO of Christian Dior Couture. Reporting to Delphine Arnault, chairman and CEO of Dior, he will play a strategic role in shaping the brand’s future.
LVMH has yet to announce a successor for Angeloglou’s position within the Fashion Group or the new CEO of Fendi, signaling that further leadership changes are on the horizon.
Frédéric’s appointment underscores the growing influence of Bernard Arnault’s children within LVMH. All five hold senior management positions, fueling speculation about future leadership succession. Despite being 76, Bernard Arnault has given no indication of stepping down, making every move within the family closely scrutinized.
