New CEO of Cartier

📌Industry news:

In one of the largest holdings, Richemont, there was a reshuffle of top management. 

From September 1, 2024, Louis Ferla, now head of Vacheron Constantin, will become CEO of Cartier, replacing Cyril Vigneron, who led the brand for more than 8 years. Vigneron will become chairman of the Cartier Culture&Philanthropy Foundation. 

Nicolas Bo, former CEO of Van Cleef & Arpels, has also been appointed as the new CEO of Richemont. He will be replaced by Catherine Rainier of Jaeger-LeCoultre, and Philippe Hermann will become interim CEO of Jaeger-LeCoultre. 

Changes in brand policies are still unclear. We will monitor the situation and inform you.