The French luxury goods group LVMH is said to have proposed Alexandre Arnault, the third oldest son of LVMH boss Bernard Arnault, for the board of Moncler.
The name of the deputy CEO of the LVMH wine and spiritual segment is on the list of candidates for the choice of the new board of the Italian Outerwear specialist, reports various media such as the news platform Reuters. The proposal for Arnault Junior’s candidacy is part of the agreement concluded with LVMH last September, through which a newly founded investment company of the French group acquired a share of ten percent in Double R, the investment company, which is controlled by RPH-Ruffini Partecipazioni Holding and currently holds a direct participation to Moncler of 16.9 percent.
The appointment of the new board will be approved by the general meeting on April 16. The list 1 presented by Double R consists of Remo Ruffini, Marco de Benedetti, Robert Philippe Eggs, Luciano Santel, Alexandre Arnault, Bettina Fetzer, Alessandra Gritti, Diva Moriani, Sue Y. Nabi, CEO of the cosmetics group Coty, François-Henahria Van Raemdonck, Gabriele Galateri di Genola and the former tennis player Maria Sharapova, who has been a member of the board since 2022. List 2 includes candidates Cesare Conti, Anna Zanardi and Susanna Dorigoni.
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