LVMH Moët Hennessy - Louis Vuitton Société Européenne Management

Management criteria checks 3/4

LVMH Moët Hennessy - Louis Vuitton Société Européenne's CEO is Bernard Arnault, appointed in Jan 1989, has a tenure of 35.83 years. total yearly compensation is €8.01M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €543.27M. The average tenure of the management team and the board of directors is 13.8 years and 6.8 years respectively.

Key information

Bernard Arnault

Chief executive officer

€8.0m

Total compensation

CEO salary percentage	14.2%
CEO tenure	35.8yrs
CEO ownership	0.2%
Management average tenure	13.8yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bernard Arnault's remuneration changed compared to LVMH Moët Hennessy - Louis Vuitton Société Européenne's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€14b
Mar 31 2024	n/a	n/a	€15b
Dec 31 2023	€8m	€1m	€15b
Sep 30 2023	n/a	n/a	€16b
Jun 30 2023	n/a	n/a	€16b
Mar 31 2023	n/a	n/a	€15b
Dec 31 2022	€8m	€1m	€14b
Sep 30 2022	n/a	n/a	€14b
Jun 30 2022	n/a	n/a	€13b
Mar 31 2022	n/a	n/a	€13b
Dec 31 2021	€8m	€1m	€12b
Sep 30 2021	n/a	n/a	€11b
Jun 30 2021	n/a	n/a	€9b
Mar 31 2021	n/a	n/a	€7b
Dec 31 2020	€6m	€949k	€5b
Sep 30 2020	n/a	n/a	€5b
Jun 30 2020	n/a	n/a	€4b
Mar 31 2020	n/a	n/a	€6b
Dec 31 2019	€8m	€1m	€7b
Sep 30 2019	n/a	n/a	€7b
Jun 30 2019	n/a	n/a	€7b
Mar 31 2019	n/a	n/a	€6b
Dec 31 2018	€8m	€1m	€6b
Sep 30 2018	n/a	n/a	€6b
Jun 30 2018	n/a	n/a	€6b
Mar 31 2018	n/a	n/a	€6b
Dec 31 2017	€8m	€1m	€5b

Compensation vs Market: Bernard's total compensation ($USD8.35M) is above average for companies of similar size in the Austrian market ($USD4.35M).

Compensation vs Earnings: Bernard's compensation has been consistent with company performance over the past year.

CEO

Bernard Arnault (75 yo)

35.8yrs

Tenure

€8,014,715

Compensation

Mr. Bernard Arnault serves as an Executive Chairman at LVMH Moët Hennessy Louis Vuitton Inc., and LVMH Moët Hennessy - Louis Vuitton, Société Européenne (formerly known as LVMH Moët Hennessy Louis Vuitton...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bernard Arnault	Chairman & CEO	35.8yrs	€8.01m	0.19% € 543.3m
Antoine Arnault	Group Chief Image & Environment Officer and Director	no data	€3.21m	0.067% € 194.0m
Jean-Jacques Guiony	Chief Financial Officer	20.8yrs	no data	no data
Bernard Kuhn	General Counsel	no data	no data	no data
Yann Bouillonnec	Vice President of Sales	no data	no data	no data
Chantal Gaemperle	Group Executive Vice President of Human Resources & Synergies	17.8yrs	no data	no data
Christopher de Lapuente	Chairman & CEO of Selective Retailing Division	13.8yrs	no data	no data
Jean-Baptiste Voisin	Chief Strategy Officer	18.8yrs	no data	no data
Stephane Bianchi	Head of LVHM's Watch & Jewelry Unit	6yrs	no data	no data
Frederic Arnault	CEO of TAG Heuer & Director	4.3yrs	no data	no data
Benjamin Beaufils	President of North American Operations	5.2yrs	no data	no data
Ipsita Das	Managing Director of India	3.8yrs	no data	no data

13.8yrs

Average Tenure

61yo

Average Age

Experienced Management: MC's management team is seasoned and experienced (13.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bernard Arnault	Chairman & CEO	36.2yrs	€8.01m	0.19% € 543.3m
Antoine Arnault	Group Chief Image & Environment Officer and Director	18.5yrs	€3.21m	0.067% € 194.0m
Frederic Arnault	CEO of TAG Heuer & Director	less than a year	no data	no data
Sidney Toledano	Chairman and CEO of the Fashion Group	6.8yrs	no data	no data
Pietro Beccari	Chairman & CEO of Louis Vuitton	6.8yrs	no data	no data
Marie- Kravis	Independent Director	13.7yrs	€86.25k	0.00010% € 291.2k
Diego Della Valle	Member of Advisory Board	1.6yrs	€34.50k	no data
Delphine Gancia	Director	4.8yrs	€3.32m	0.10% € 290.1m
M. Védrine	Independent Director	20.5yrs	€77.63k	0.00013% € 378.6k
Clara Gaymard	Independent Director	8.6yrs	€103.50k	0.00010% € 291.2k
Natacha Valla	Independent Director	4.4yrs	€86.25k	0.00010% € 291.2k
Henri de Castries	Independent Lead Director	less than a year	no data	no data

6.8yrs

Average Tenure

71yo

Average Age

Experienced Board: MC's board of directors are considered experienced (6.8 years average tenure).

LVMH Moët Hennessy - Louis Vuitton Société Européenne Management

Management criteria checks 3/4

Key information

Recent management updates

Louis Vuitton Names Pharrell Williams Creative Director of Menswear Division, Replacing the Late Virgil Abloh

LVMH Moët Hennessy Louis Vuitton Appoints Pietro Beccari as Chairman and Chief Executive Officer of Its Luxury Fashion House, Effective February 1, 2023

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Announces Executive Promotions

Recent updates

Upcoming dividend of €5.50 per share

New minor risk - Dividend sustainability

Bluestar Alliance, LLC acquired Off White LLC from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC).

Investor sentiment improves as stock rises 17%

New minor risk - Share price stability

First half dividend of €5.50 announced

Now 20% undervalued after recent price drop

First half 2024 earnings released: EPS: €14.55 (vs €16.95 in 1H 2023)

LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report First Half, 2024 Results on Jul 23, 2024

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired Swiza SA.

Upcoming dividend of €7.50 per share

New major risk - Share price stability

Lagardere Says in Talks to Sell Paris Match Magazine to LVMH

Final dividend of €7.50 announced

Now 21% overvalued after recent price rise

Investor sentiment improves as stock rises 15%

Now 28% overvalued after recent price rise

Full year 2023 earnings released: EPS: €30.35 (vs €28.05 in FY 2022)

LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report Fiscal Year 2023 Results on Jan 25, 2024

Upcoming dividend of €5.50 per share at 1.7% yield

Seafolly Sale Approaches, But Buyer's Unknown

First half 2023 earnings released: EPS: €16.95 (vs €13.00 in 1H 2022)

LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report First Half, 2023 Results on Jul 25, 2023

LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report First Half, 2023 Results on Jul 25, 2023

Upcoming dividend of €7.00 per share at 1.4% yield

Louis Vuitton Names Pharrell Williams Creative Director of Menswear Division, Replacing the Late Virgil Abloh

LVMH, L’Oréal Reportedly Among Suitors for Stake in Aesop

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Proposes Dividend, Payable on April 27, 2023

Full year 2022 earnings released: EPS: €28.05 (vs €23.90 in FY 2021)

LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report Fiscal Year 2022 Results on Jan 26, 2023

LVMH Moët Hennessy Louis Vuitton Appoints Pietro Beccari as Chairman and Chief Executive Officer of Its Luxury Fashion House, Effective February 1, 2023

Endeavour Group Limited (ASX:EDV) signed an agreement to acquire Cape Mentelle Vineyards Ltd from LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC).

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired Pedemonte Holding S.R.L. from Equinox III fund managed by Equinox S.A. and Equinox Advisory, Investment Arm.

Upcoming dividend of €5.00 per share

Now 20% undervalued

LVMH Group Announces Interim Dividend, Payable on December 5, 2022

First half 2022 earnings released

LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report First Half, 2022 Results on Jul 26, 2022

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired Joseph Phelps Vineyards, Inc. from Phelps Family.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired Joseph Phelps Vineyards, Inc. from Phelps Family.

Now 23% undervalued after recent price drop

Now 21% undervalued after recent price drop

LVMH Moët Hennessy Louis Vuitton Approves Dividend for Financial Year 2021, Payable on April 28, 2022

Upcoming dividend of €7.00 per share

Investor sentiment deteriorated over the past week

LVMH Reportedly Held Talks in Recent Years on Ralph Lauren Deal Potential

Louis Vuitton Launches New Connected Watch

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

LVMH Moët Hennessy Louis Vuitton to Propose Dividend, Payable on April 28, 2022

LVMH Not Interested in Buying Le Figaro Newspaper

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) agreed to acquire 49% stake in The'lios Spa from Marcolin S.p.A.

Upcoming dividend of €3.00 per share

First half 2021 earnings released: EPS €10.50 (vs €1.04 in 1H 2020)

Upcoming dividend of €4.00 per share

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) acquired a 50% stake in Armand de Brignac Champagne Brand from Shawn JAY-Z Carter.

New 90-day high: €543

Full year 2020 earnings released: EPS €9.34 (vs €14.25 in FY 2019)

Revenue misses expectations

New 90-day high: €524

Full year 2020 earnings released: EPS €9.34 (vs €14.25 in FY 2019)

Revenue misses expectations

LVMH Moët Hennessy - Louis Vuitton, Société Européenne to Report Fiscal Year 2020 Results on Jan 26, 2021

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Announces Executive Promotions

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) completed the acquisition of Tiffany & Co. (NYSE:TIF) from The Vanguard Group, Inc., Qatar Investment Authority, BlackRock, Inc. (NYSE:BLK) and others.

Fundsmith Equity Fund, managed by Fundsmith, LLP acquired an unknown stake in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC).

New 90-day high: €514

Moët Hennessy & WhistlePig Announce International Partnership

New 90-day high: €501

Upcoming Dividend of €2.00 Per Share

New 90-day high: €436

CEO Compensation Analysis

CEO