Hodinkee
LVMH Confirms Stéphane Bianchi Will Head Watchmaking Division
And TAG Heuer has a new director of strategy, too.
Originally published by Joe Thompson on Hodinkee.
LVMH has tapped Stéphane Bianchi, the former CEO of the cosmetics firm Yves Rocher, to succeed Jean-Claude Biver as head of LVMH's watch division, the company announced today. Biver confirmed yesterday to Reuters and other news outlets, including Hodinkee, that he was stepping down from operational duties as president of the LVMH watch division and CEO of TAG Heuer, for health reasons. Biver, who turned 69 yesterday, will remain as non-executive chairman of the division.