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LV Executive, Arnault Son to Lead Tiffany After Acquisition by LVMH -Bloomberg

January 07, 2021 at 02:01 am EST

--A senior executive at LVMH's Louis Vuitton will be appointed to lead Tiffany while a son of the French luxury-goods conglomerate's chief executive will also take on a senior role, Bloomberg reports, citing unnamed sources.

--Louis Vuitton's Anthony Ledru will lead the jewelry company, while LVMH boss Bernard Arnault's son Alexandre Arnault will have a top position too, Bloomberg reports. LVMH didn't immediately respond to a request for comment.

--LVMH's acquisition of Tiffany is set to close today.

Full story: https://bloom.bg/35dcEnR

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(END) Dow Jones Newswires

01-07-21 0200ET

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
CHRISTIAN DIOR SE	741 EUR	+1.86%	-0.20%	143B
LVMH	792.2 EUR	+1.83%	-0.55%	422B
TIFFANY & CO.	131.5 USD	+0.02%	+0.08%	15.96B

Bernard Arnault

Bernard Arnault is a French businessperson who has been at the helm of 10 different companies and presently holds the position of Chairman of Christian Dior SE, Chairman for Château Cheval Blanc SC, Chairman & Chief Executive Officer at LVMH Moët Hennessy Louis Vuitton SE, Co-Chairman of Groupe Arnault SE and President for Groupe Arnault SE. He is also Chairman for Fondation Louis Vuitton pour la Création and on the board of 5 other companies. He previously held the position of Chairman & Chief Executive Officer of Ferret Savinel Co., Chairman & Chief Executive Officer for Nexity SA, Chairman & Chief Executive Officer for Société Financière Agache SA and Chairman & Chief Executive Officer at Financière Agache SA. Mr. Arnault received an undergraduate degree from Ecole Polytechnique.

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Linked companies
LVMH	Chief Executive Officer
Financière Agache SA Financière Agache SA Financial ConglomeratesFinance Financière Agache SA operates as a holding company. The firm carries out its activities in the luxury goods sector. The company is headquartered in Paris, France.	Chief Executive Officer