“Every move” of Lisa’s boyfriend’s family makes the public pay attention and follow.
On the morning of January 23, Maeil Business Newspaper reported that LVMH Chairman Bernard Arnault is clearing the way for his two sons , Frédéric Arnault ( Lisa ‘s rumored boyfriend ) and Alexandre Arnault, to join the board of directors. According to sources, the second richest billionaire in the world personally recommended his two sons, but whether Frédéric – Alexandre can set foot on the LVMH board of directors depends on the votes of shareholders at the regular meeting. The year is expected to take place this coming April.
In the past, Bernard Arnault’s two children, Antoine Arnault and Delphine Arnault, were elected to the board of directors of the luxury goods empire. Maeil Business Newspaper commented that if Frédéric – Alexandre becomes a member of the board of directors, the race to become Chairman of LVMH between the Arnault siblings may enter a new, extremely tense and fierce phase.
Frédéric – Alexandre was recommended by his billionaire father to the board of directors of the LVMH empire
The media believes that Lisa’s rumored boyfriend may be about to enter an extremely fierce battle for succession.
Besides, if Chairman Bernard’s plan to promote his two sons is successful, the Arnault family’s position at LVMH will be further strengthened. At present, the Arnault family holds 48% of LVMH’s shares and 64% of voting rights.
Billionaire Bernard Arnault’s children are all holding important responsibilities at the luxury goods empire. Currently, Frédéric holds the position of CEO of the LVMH Group’s watch segment. Meanwhile, Delphine Arnault is holding the position of Executive Vice President at Louis Vuitton.
Alexandre Arnault was also appointed Executive Vice President of Tiffany and currently has many positive contributions to the group. As for Antoine Arnault, he was entrusted with the position of Vice President of Dior. The youngest son, Jean Arnault, although still very young, is currently holding the position of director of the watch department at Louis Vuitton.
The children of the world’s second richest billionaire all hold important positions at LVMH group
Source: Kbizoom
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