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Richemont Co-CEO Fornas to Leave March 31
Mar 21, 2016 2:39 AM
By Rapaport News
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RAPAPORT... Compaignie Financière Richemont announced co-chief executive
officer Bernard Fornas will exit his role March 31 and stand down from the
luxury group’s senior executive committee and group management committee.
Fornas has
served as co-CEO with Richard Lepeu since April 2013 and has been a member of
the company’s board of directors since September 2013. He will retain his place
on the board as a non-executive director and will serve on its nominations
committee, the Switzerland-based company said in a statement March 18.
Cyrille
Vigneron, CEO of Cartier, will join Richemont’s senior executive from April 1
and will continue his role on the group management committee. Vigneron will
stand for election to the board of directors at the next annual general meeting
(AGM) to be held September 14.
Meanwhile,
Alain Dominique Perrin, a former CEO of Richemont, will not run for re-election
to the board at the AGM but will remain as a consultant. Jeff Moss, a computer
security and internet security expert, has been nominated for election to the
board subject to approval at the AGM.
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Tags:
appointments, luxury, Rapaport News, Richemont, Switzerland
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