June 26, 2024
Appointments Corporate

Richemont Appoints Nicolas Bos As CEO From June 1, 2024

And Bram Schot, As Deputy Chairman

To strengthen its leadership, the Board of Compagnie Financière Richemont SA (Richemont) has announced significant changes to its board of directors and senior management.

Nicolas Bos, the current CEO of Van Cleef & Arpels, has been appointed to Richemont’s re-established CEO role, effective June 1, 2024.

Additionally, Bram Schot will be the Non-executive Deputy Chairman of the Board, effective September 11, 2024.

Bos will continue reporting to Johann Rupert, Chairman of Richemont, and will join the senior executive committee. He will oversee all aspects of the maisons, functions, and regions within the Richemont portfolio, focusing on jewellery maisons, finance, and HR.

Having joined Richemont in 1992 after graduating from the ESSEC Business School, Bos has demonstrated a profound understanding of the luxury industry.

His tenure at Van Cleef & Arpels, where he eventually ascended to global president and CEO, has been marked by a commitment to excellence and creativity. Since 2019, Bos has also overseen Buccellati, further expanding his purview within the Richemont family.

Jérôme Lambert

Jérôme Lambert, currently serving as COO, will continue his tenure on the Board and within the Richemont Group, transitioning to report to Bos effective June 1, 2024.

The announcement also heralds a change in the role of Josua (Dillie) Malherbe, who will step down after 11 years of service as non-executive deputy chairman of the Board. Malherbe will retain his non-executive director position and continue contributing to the audit, strategic, and security committees.

In response to the appointments, Johann Rupert expressed his satisfaction with the incoming leadership team.

He commended Bos for his proven record of accomplishment and expressed confidence in his ability to steer Richemont through its next growth phase. Rupert also acknowledged Lambert’s contributions to the Richemont Group and anticipated his continued support in his new role.

Rupert thanked Malherbe for his longstanding dedication and welcomed Schot as his successor, citing his experience and expertise as assets to the Board.

The reshuffle within Richemont’s leadership structure reflects a strategic realignment to optimise operational efficiency and drive sustained growth in the luxury goods market.

With a seasoned leadership team at the helm, Richemont is poised to navigate the evolving landscape of the luxury industry with confidence and agility.

Featured image: The Richemont headquarters in Geneva, Switzerland. Credit: Richemont

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