The former CEO, Pierre Lurton, was appointed as the new Chairman of the Board on July 11 of Cheval Blanc. His previous position as CEO will be assumed by Pierre-Olivier Clouet. According to company statements, this decision was made "in line with the continuous leadership of the winery since 1998." In the same year, the LVMH Group and the Frère family acquired Château Cheval Blanc for an estimated €155m.
Pierre Lurton has been working as a director for Château Cheval Blanc since 1990. After the entry of the Frère and Arnault families in 1998, he was promoted to CEO. In 1999, a joint venture was launched with Terrazas de los Andes, resulting in the creation of Cheval des Andes in Argentina. In 2004, he took over the management of Château Yquem. Additionally, he is the owner of Château Marjosse, located in Entre-Deux-Mers. According to international media reports, Lurton has now handed over the overall management of the winery to Pierre-Olivier Clouet.
Climbing the corporate ladder
Clouet began his career as an intern in 2004 and has been serving as the Technical Director of Cheval Blanc since 2008. In recent years, he has overseen projects such as the construction of the new cellar and winery, the introduction of Petit Cheval Blanc, and the conversion of vineyards to sustainable cultivation. PD
