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Business news: Richemont appoints Jérôme Lambert as COO

by Peter Chong on November 10, 2017

Earlier today, Richemont announced that Jérôme Lambert is appointed as Chief Operating Officer of the group.

 

Jérôme Lambert, file photograph. SIHH 2016.

 

Jérôme Lambert will be responsible for all maisons other than Cartier and Van Cleef & Arpels. In addition, he will continue to be responsible for Richemont regional support platforms and central support services, excluding Finance, Human Resources and Technology. We applaud this promotion for Jérôme who we have long regarded as a brilliant player in the haute horlogerie scene. We last interviewed Jérôme in 2016. Read the conversation here. Some analysts we spoke to thought that promoting Jérôme within Richemont was forthcoming following the departure of Georges Kern, who was then Head of Watchmaking at Richemont  to be CEO of Breitling.

Also in the same announcement communiqué is the appointment of Emmanuel Perrin, currently International Sales Director of Cartier who will be Head of Specialist Watchmakers Distribution, a new role. He will be responsible for distribution strategy. Emmanuel will also join the Senior Executive Committee effective immediately.

 

“The changes announced today will continue our transformation of the Specialist Watchmakers’ business models to meet the demands of today’s environment. Mr Perrin, in his twenty-five years with the Group, has been successful with Van Cleef & Arpels and, most recently, Cartier, in developing partnerships with our wholesale partners. A prime area of focus will be matching supply with end customer demand.”

 Johann Rupert, Chairman, Richemont Luxury

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