![Christian Dior board picks Antoine Arnault as CEO](https://i-invdn-com.investing.com/trkd-images/LYNXMPEIB808A_L.jpg)
© Reuters. The logo of French fashion house Dior is seen on a jacket at the 30 Montaigne, the original site of Christian Dior’s first store, ahead of its reopening in Paris, France, March 2, 2022. REUTERS/Sarah Meyssonnier/Files
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PARIS (Reuters) – French fashion house Christian Dior said on Friday its board of directors has decided to name Antoine Arnault as chief executive officer (CEO) of Christian Dior SE and vice-chairman of the board of directors to replace Sidney Toledano.
“This choice was made in the context of the conversion of Agache SE into a limited joint-stock partnership, which occurred on Dec. 6, and will permit the long-term family control over Christian Dior SE and LVMH Moët Hennessy – Louis Vuitton SE to be perpetuated.” the statement said.
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