QUOTE(patryn33 @ Oct 20 2012, 10:14 PM)
Who is running both companies? Bernard Arnault, Chairman & CEO - LVMH Moët Hennessy • Louis Vuitton S.A.
Yves Carcelle, Chairman & CEO - Louis Vuitton
Jean-Christophe Babin, President & CEO -Tag Heuer
Jean-Frédéric Dufour, CEO - Zenith
A TimeZone Interview with Jean-Frédéric Dufour, CEO of Zenith International SA
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Michael Sandler: As part of LVMH, Zenith is now within a family of other watch companies. Is there a lot of collaboration between Zenith and the other LVMH watch companies, or do you remain very independent?
JFD: We are not independent because we have the same shareholder, but we are 100 percent autonomous. We decide where we want to go. We have to write the business plans, provide the reports, etc.But we can go in any direction as long as we are able to explain where we are going. Basically, we must say what we will do, and we must do what we say we will. But each company within the group has freedom and can behave as an entrepreneur, and this definitely makes a difference.
JFD: We are not independent because we have the same shareholder, but we are 100 percent autonomous. We decide where we want to go. We have to write the business plans, provide the reports, etc.But we can go in any direction as long as we are able to explain where we are going. Basically, we must say what we will do, and we must do what we say we will. But each company within the group has freedom and can behave as an entrepreneur, and this definitely makes a difference.
Oct 21 2012, 03:05 PM

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