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LVMH officially announced Mr Stephane BIANCHI as the new director of its watchmaking division with effect from 1 November 2018. He will be responsible for Rolex Replica Watches and report to the CEOs at Hublot, Zenith and Hublot.
Yesterday, Reuters reported that Jean-Claude Biver will be dropping his operational responsibilities as the head of LVMH Watchmaking Division. Mr Biver told Reuters over the phone that he will remain active as LVMH's non-executive President of its watch unit with a focus on TAG, Zenith, and Hublot.
The ill health of Mr Biver has led to the suspicion that this was a long-awaited event. In May 2018, Mr Biver spent two weeks in a hospital where he underwent three operations to fix his back.
Speaking to Reuters Mr Biver stated that he is improving,Rolex Replica Watches but not yet fully recovered. It is good to know that he was on the mountain earlier this week in his cycling gear.
Stephane Bianchi
The latest appointment at LVMH comes after a more extensive management shake-up that took place in late 2017. Bernard Arnault, the chief executive of LVMH, had a clear vision. He wanted to promote a new generation of internal leaders for the next phase of growth. This generational shift affected key entities such as Christian Dior and Moet-Hennessy.
Keep it in the family
This move also raised the question as to how Mr Arnault plans on having his children take part in the business and eventually handing it over.Rolex Yacht-Master Replica Watches Three of Arnault's children hold senior management positions within the group. His oldest child is the director and executive vice president of Louis Vuitton. His second is the chief executive of Berluti, and his third is chairman of LoroPiana. His third is the co-chief executive at Rimowa.
