LVMH names Frederic Arnault to new role as head of watches unit

Frederic Arnault was named as head of LVMH's watch division.
LVMH named Frederic Arnault to a newly created role as head of the luxury conglomerate’s watch division.
The move gives the second-youngest of controlling shareholder Bernard Arnault’s five children working at the firm oversight of Swiss watch brands Hublot, Zenith and Tag Heuer. He was previously chief executive officer of Tag Heuer, beginning in 2020.