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Massive Shake-ups Again at Richemont – Incl. New CEOs for JLC and Baume & Mercier

Massive Shake-ups Again at Richemont – Incl. New CEOs for JLC and Baume & Mercier

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2017 has been a significant feverish year for the Richemont Group. We’ve witnessed  the “Big Reshuffle” with the takeoff of four CEOs (JLC, Vacheron, Piaget, Dunhill) just as the arrangement of Lambert as Head of Operations and Kern as Head of Watchmaking, Marketing and Digital . Everything was arranged until Kern reported his takeoff for Breitling , which drove Lambert to be appointed COO of all the Maisons . The tempest isn’t over yet, regardless of whether the circumstance appears to be simpler today. As indicated by Business Montres , there are new CEOs for both Jaeger-LeCoultre and Baume et Mercier.

For the last 12 months, Jaeger-LeCoultre has been a vagrant – a brand without an appropriate CEO, as the top of the Grande Maison was in the possession of Geoffroy Lefebvre, Deputy CEO. Today, the Richemont Group is going to declare another (and this time non-representative) CEO for the brand, replacing Lefebvre with Catherine Alix-Renier, once in the past head of Van Cleef & Arpels in Asia – as of first May.

Catherine Alix-Renier, Jaeger-LeCoultre Geoffroy Lefebvre, Baume et Mercier Alain Zimmermann, Richemont E-Commercce

Above: Catherine Alix-Renier (JLC), Geoffroy Lefebvre (Baume et Mercier), Alain Zimmermann (Head of E-Commerce for Richemont)

As for Baume et Mercier, Alain Zimmermann, the current CEO, will change position as of first June and will become Head of E-Commerce for the whole Richemont Group – a recently made position. Geoffroy Lefebvre (currently Deputy CEO of JLC) will supplant him at B&M. This has been declared inside to Richemont workers in a few interior notes endorsed by Emmanuel Perrin (Head of Specialist Watchmakers Distribution at Compagnie Financière Richemont SA), again as per Business Montres .

Finally, there are a few changes going on at Panerai (effectively reported however) as Jean-Marc Pontroué (ex-Roger Dubius) will replace Angelo Bonati at the top of the Florentine brand. No new CEO has been officially declared at this point to head Roger Dubius.


Sources:

  • https://businessmontres.com/article/non-pas-un-non-pas-deux-mais-trois-changements-majeurs-chez-richemont-chaisesmusicales-richemont-jeromelambert-cartier-vancleefarpels-iwc
  • https://www.letemps.ch/economie/nouvelle-balm selections chez-richemont