Business News: Frédéric Arnault Named CEO Of TAG Heuer

If the name Arnault sounds familiar, that’s because Frédéric’s father, Bernard Arnault, is the chairman and CEO of LVMH, and both of Frédéric’s brothers also have prominent positions in the group (Alexandre is the CEO of Rimowa and Antoine is the CEO of Berluti and the chairman of Loro Piana). However, don’t assume that Arnault’s appointment to this new position is one that was inevitable or uncalled for. He’s a veteran of both Facebook and the consulting firm McKinsey, and has worked closely with the brand’s current CEO, Stéphane Bianchi, setting a new, more forward-looking strategy for the brand. 

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