Breaking News: Mr Georges Kern resigns from his position at Richemont group

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Richemont announces resignation of Head of Watchmaking, Marketing and Digital

Georges Kern

Richemont regrets to announce the resignation with immediate effect of Mr Georges Kern. Mr Kern was Head of Watchmaking, Marketing and Digital. He has stepped down from the Senior Executive Committee and the Group Management Committee and will no longer be standing for election to the Board of Directors of Compagnie Financière Richemont SA at the forthcoming annual general meeting of shareholders.

Commenting on Mr Kern’s decision, Mr Johann Rupert, Chairman, said:

“Georges has been offered an interesting opportunity to become an entrepreneur. He has had a very successful career at IWC Schaffhausen and we wish him well.”

Richemont’s watchmaking, marketing and digital activities will report to the Senior Executive Committee.

Georges was appointed CEO of IWC in 2002. In 2009, he took responsibility for Baume & Mercier and in October 2010, he took over as CEO of Roger Dubuis, all these, while retaining his position as CEO of IWC. We interviewed Mr Georges Kern in 2015 when we met him in Hong Kong, in a two-part interview which you can read here and here.

We will be back with more information as soon as possible.

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