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New CEO for Richemont

April 6, 2010
Mr. Johann Rupert, the Executive Chairman at Richemont, where Alan Quasha is a Non-Executive Director, will soon assume the role of Chief Executive Officer on April 1, 2010.  The current CEO, Mr. Norbert Platt, will remain as a director of Compagnie Financiere Richemont SA and will act as an advisor to the group.

In addition, the Board of Richemont has nominated Lord Renwick of Clifton to assume the role of Lead Independent Director, since Mr. Rupert is becoming both the Executive Chairman and Chief Executive Offier.

Mr. Rupert, commenting on these changes, said, “In these challenging times, we want to ensure consistency in our management approach. Richemont has strong management in the Maisons, in the regions and in our central functions and I look forward to working more closely with my colleagues.”

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