Alexandre Arnault Appointed Deputy CEO of Moët Hennessy
The move positions the LVMH heir as a potential successor in the luxury conglomerate's leadership.
- Alexandre Arnault, 32, will become Deputy CEO of Moët Hennessy, LVMH's wines and spirits division, starting February 2025.
- Jean-Jacques Guiony, LVMH's current CFO, will take over as CEO of Moët Hennessy, replacing Philippe Schaus.
- Alexandre's appointment is seen as part of Bernard Arnault's strategy to prepare his children for future leadership roles within LVMH.
- The wines and spirits division has faced declining sales, prompting a leadership reshuffle to revitalize the business.
- Moët Hennessy has recently invested in alcohol-free sparkling wine brand French Bloom and partnered with Beyoncé on a new whisky line.