Frédéric Arnault is named CEO of TAG Heuer. Arnault is replacing the former CEO Stéphane Bianchi, who succeeded Jean-Claude Biver as head of TAG Heuer and LVMH Watchmaking Division (which, in addition to TAG Heuer, includes Hublot and Zenith). Bianchi is now moving on to head the LVMH Watches and Jewelry Division. When Arnault takes the reigns on July 1st, he will arguably become one of the youngest CEOs of a luxury Maison, besting his older brother Alexandre, who is Co-CEO of the German luggage brand Rimowa. And while he is young, as the son of LVMH CEO and Chairman Bernard Arnault, business acumen is in his DNA.