Antoine Arnault, son of billionaire Bernard Arnault, new managing director of Christian Dior

He succeeds Sidney Toledano at the head of the holding company which controls LVMH.

MO12345LEMONDE with AFP

Antoine Arnault, son of the French billionaire Bernard Arnault, was appointed director general of the holding company Christian Dior Se, who controls the world number one luxury Louis Vuitton-Moët Hennessy (LVMH), replacing Sidney Toledano, according to a Communiqué published Friday, December 9.

Antoine Arnault was also appointed vice-president of the Holder Board of Directors, a choice that is part of the strategy “intended to ensure long-term sustainability of family control on Christian Dior SE and LVMH societies Moët Hennessy-Louis Vuitton SE “, specifies The press release .

/Media reports cited above.