logo
Share SHARE
FONT-SIZE Plus   Neg

Richemont Appoints Stanislas De Quercize As CEO Of Cartier - Quick Facts

Swiss luxury goods group Compagnie Financiere Richemont SA (CFRUY.PK) announced the appointment, by the end of this calendar year, Stanislas de Quercize as the Chief Executive Officer of Cartier to succeed Bernard Fornas.

de Quercize is currently Chief Executive Officer of Van Cleef & Arpels and will continue in that role until he assumes his new position.

de Quercize will be succeeded as Chief Executive Officer of Van Cleef & Arpels by Nicolas Bos, currently Creative Director of Van Cleef & Arpels and Chief Executive of Van Cleef & Arpels North America.

Meanwhile, Fornas will continue to have a senior management role within the group, working closely with Johann Rupert and Richard Lepeu. He will remain as a member of Richemont's Group Management Committee. In due course, de Quercize will also become a member of the Management Committee.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Electric car maker Tesla's Chief Elon Musk confirmed that there will be no discount on new cars. Through several tweets and an email addressing its employees, Musk said, "It is absolutely vital that we adhere to the no negotiation and no discount policy that has been true since we first started taking orders 10 years ago." Shares of National Beverage Corp. fell about 15 percent on Wednesday after short selling firm Glaucus Research Group has said it is shorting the soft-drink maker and accused the company of manipulating earnings. In a research report, Glaucus alleged that National Beverage achieved its "remarkable history of financial performance in part by manipulating earnings." Canadian pipeline operator Enbridge Inc. said it has agreed to sell its liquids pipeline assets in the South Prairie Region, including the Saskatchewan pipeline system, to privately-held midstream company Tundra Energy Marketing Ltd. for C$1.075 billion in cash.
comments powered by Disqus
Follow RTT