Bernard Arnault's son Alexandre is climbing the ranks as new deputy of Moët Hennessy. Here’s what it means for LVMH’s succession plan

(Credit: Nathan Laine—Bloomberg/Getty Images)

Alexandre Arnault, one of LVMH CEO Bernard Arnault’s children, is set to become the deputy chief of the French luxury conglomerate’s main spirits brand, Moët Hennessy. 

The 32-year-old Alexandre, who has had executive roles at LVMH-owned brands Tiffany and Rimowa, will soon head the wine and spirits division as part of a broader leadership shuffle underway at the world’s biggest luxury company. He will start his new role in February.