Antoine Arnault, at the age of 45, has recently taken on the role of CEO and Vice Chairman of the Board of Directors for Christian Dior SE, a leading luxury holding company that oversees LVMH. This appointment is a strategic move aimed at maintaining the family’s long-term control over the French luxury group.
The Arnault family currently holds 97% of the shares in Christian Dior SE, making this appointment highly significant for their continued influence in the company. This move follows the footsteps of Bernard Arnault, Antoine’s father, who originally invested in Christian Dior SE in the 1980s. The company holds a 41% stake in LVMH and 56% of its voting rights.
Antoine Arnault’s rise within the LVMH family showcases the strong familial ties that are deeply rooted within the company. His sister, Delphine, holds a prominent position as Deputy CEO at Louis Vuitton, while his younger siblings, Alexandre, Frédéric, and Jean, also contribute to the success of various brands within the group.
With his new role as CEO, Antoine Arnault will continue to fulfill his current responsibilities, which include leading Berluti, Loro Piana, and overseeing the image and environmental aspects of the LVMH empire. This appointment solidifies his power and influence within the group.
In conclusion, Antoine Arnault’s appointment as CEO of Christian Dior SE ensures the family’s enduring control over the luxury giant LVMH. The Arnault family’s involvement in the company is extensive, with various members holding key positions within different brands. This move further strengthens Antoine Arnault’s hold within the LVMH group and emphasizes the family’s commitment to maintaining their long-term control.
Useful links:
1. LVMH Official Website
2. Christian Dior Official Website
