LVMH chairman's son Antoine Arnault to head Christian Dior SE

Antoine Arnault, the eldest son of LVMH Chairman Bernard Arnault, has been named as CEO of family holding company Christian Dior SE. He will replace Sidney Toledano, who has decided to leave his executive management position after 20 years. His appointment comes after LVMH's main holding company, Agache SE, was converted into a limited joint-stock partnership on December 6.