French businessman Frédéric Arnault has expanded his role within LVMH after being named the first CEO of LVMH Watches, taking responsibility for TAG Heuer, Hublot, and Zenith.

Arnault, who previously worked as CEO of TAG Heuer, commented 'I will still be very committed to watches, but I will be working more closely with my father on strategic projects. I’m here because I love what I do. I love the brands. I love the project and the journey'.