LVMH watches chief points to CEO's son as successor candidate
April 29 (Reuters) - LVMH LVMH.PA watch division chief Jean-Christophe Babin said he is preparing for a gradual retirement from the French luxury group and has identified Jean Arnault, the 27-year-old son of CEO Bernard Arnault, as a natural successor to oversee brands including TAG Heuer and Hublot, Bloomberg News reported on Wednesday. Babin took leadership of the division in March last year. (Reporting by Dagmarah Mackos Editing by David Goodman ) ((dagmarah.mackos@thomsonreuters.com;))
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