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LVMH has appointed Jean-Christophe Babin as CEO of LVMH Watches, taking on the position beforehand held by Frédéric Arnault. Babin will oversee LVMH watch manufacturers – TAG Heuer, Hublot, and Zenith – and can stay CEO of Bulgari, Stéphane Bianchi, LVMH Group Managing Director, mentioned in an announcement. The transfer signifies LVMH will proceed to run the watches group as a separate division with a lead govt after Frédéric Arnault, one in all controlling shareholder Bernard Arnault’s 5 kids, moved to go style model Loro Piana.
