Not all images were able to load for printing. Please close the print window and try again. Louis Ferla Appointed CEO of Cartier, Replaces Cyrille Vigneron
Shake-ups at Richemont, with a new CEO for Cartier, following the appointment of a new group CEO.
Following the appointment a few weeks ago of Nicolas Bos as the new CEO of the Richemont Group (replacing Jérôme Lambert), the luxury conglomerate once again announces changes in managing positions, with a new CEO for its jewellery/watchmaking brand Cartier. Effective 1st September 2024, Louis Ferla (ex-Vacheron Constantin) will take over Cyrille Vigneron as Chief Executive Officer of Cartier.
Cyrille Vigneron, after eight years at the helm of Cartier – which is now reported by Morgan Stanley as the second-largest Swiss watch brand, with a turnover estimated at CHF 3,100 billion and 660,000 units sold in 2023 – has decided to retire and will now assume the position of Chairman of Cartier Culture & Philanthropy and will work to the transition with Ferla.
Louis Ferla, who joined Richemont in 2001 at Alfred Dunhill and later joined Cartier in 2006, took over Vacheron Constantin as CEO in 2017 – a brand that is now reported by Morgan Stanley as the 8th largest Swiss brand, with an estimated turnover of more than CHF 1 billion. No word yet regarding who will replace Louis Ferla as CEO of Vacheron Constantin. For more details, visit www.richemont.com.
