Not all images were able to load for printing. Please close the print window and try again. Shakeups at Richemont – Jérôme Lambert Back as CEO of Jaeger-LeCoultre, Laurent Perves named CEO of Vacheron Constantin
Jérôme Lambert is back at the helm of the Grande Maison and Laurent Perves will serve as the head of Vacheron.
Swiss luxury powerhouse Richemont has just announced yet another round of shifts in top management positions, with new direction for two of its most prestigious watchmaking brands, Vacheron Constantin and Jaeger-Lecoultre. Effective January 1st, 2025, the nominations of Jerôme Lambert and Laurent Perves follow the appointments announced earlier this year. Nicolas Bos was promoted from CEO of Van Cleef & Arpels to CEO of Richemont. Catherine Renier, previously CEO of Jaeger-LeCoultre, was appointed as the head of Van Cleef & Arpels. Louis Ferla, previously CEO of Vacheron Constantin, succeeds Cyrille Vigneron as CEO of Cartier.
The appointment of Laurent Perves is no surprise given that rumours have been swirling ever since Louis Ferla was appointed as CEO of Cartier. It also appears as a logical option given the long-standing history of Perves with Vacheron Constantin, having served as both Chief Marketing Officer and Chief Commercial Officer, thus ensuring continuity in leadership as the brand will celebrate its 270th anniversary in 2025.
On the other hand, the appointment of Jérôme Lambert as CEO of Jaeger-Lecoultre is more surprising. Lambert already assumed this exact same role between 2002 and 2013, before moving to Montblanc as CEO. Jérôme Lambert was then Richemont Group’s Chief Executive Officer from September 2018 to May 2024 and has been the group’s Chief Operating Officer since June 2024, having been replaced by Nicolas Bos in this role. Many will see Lambert’s return as a positive sign for the brand, as his time at the head of the brand was a period of great dynamism and innovation.
For more information, please visit Richemont.com.
3 responses
Feels like Lambert is being demoted but I am super excited. Whole under his direction, we got the Tribute to 1931, the Tribute chronograph, the Geophysic, the MUT and more. Those were the days! Now, if only Phillipe Bonay would come back.
They could also tap even further into their heritage models.
I don’t know the industry at all, but understand business as a whole, and wonder if all of this shifting is just for the sake of change, or really strategic moves? Sometimes you need an outsider to change the direction. In my view, Lambert may have a few things to address like the meteoritic JLC pricing over the past few years. It has kept me from buying.