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Our Vision - October 2018

Watch Grove

LVMH

A new structure


Jean-Claude Biver, together with LVMH, has decided to relinquish his operational responsibilities and assume the role of non-executive Chairman of the LVMH watchmaking division. Stéphane Bianchi has been appointed CEO of the Watchmaking Division, with effect from 1st November 2018. He will directly lead TAG Heuer, with the CEOs of Hublot and Zenith reporting to him. Frédéric Arnault has been appointed Strategy and Digital Director of TAG Heuer.

After 45 years in the watch industry, Jean-Claude Biver will continue to use his extensive experience for advising the group. Bernard Arnault, Chairman and CEO of LVMH, said: “I would like to applaud Jean-Claude Biver for the decisive leadership that he has shown in his role at the head of the watchmaking division. Since the integration of Hublot within LVMH, he has elevated our watchmaking division to a world class technical level of the highest order and has significantly accelerated its commercial growth. I am delighted that the Group will continue to benefit from Jean-Claude’s advice, and I am sure that his entrepreneurial spirit will bring many innovative new ideas to the world of watchmaking,”.