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

3/26/2012 2:03 AM ET

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.

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by RTT Staff Writer

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