Bernard Arnault’s 32-year-old son spent past 3 years at Tiffany
LVMH has named one of its billionaire owner’s sons, Alexandre Arnault, as deputy chief of its wine and spirits division as part of a leadership reshuffle at the French luxury group. Alexandre Arnault, the 32-year-old son of Bernard Arnault, will take up the role at Moët Hennessy in February after three years at New York-based jeweller Tiffany, which LVMH bought for $15.8bn in 2021.
Charles Delapalme, a senior executive at the group’s second-biggest brand Dior, will take over as chief executive of cognac brand Hennessy, which has been hit by weak demand in China and overstocking in the US following a Covid-era rise. He replaces Laurent Boillot, whose new responsibilities the group said would be announced at a later date.
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