SourcingJun 28, 2024
Fura Gems CEO Dev Shetty Steps DownMajorsJul 02, 2024
Richemont Names New CEOs for Cartier, Van Cleef & Arpels
Current Cartier CEO Cyrille Vigneron is retiring in September while former VCA head Nicolas Bos is now Richemont’s CEO.
Louis Ferla (left) will take on the role of Cartier CEO on Sept.1 while Catherine Rénier will step in as CEO of Van Cleef & Arpels. (Images courtesy of LinkedIn)
Geneva—Richemont announced major changes to its executive team Tuesday, appointing two of its watch brand CEOs to lead Cartier and Van Cleef & Arpels.
Cyrille Vigneron, CEO of Cartier, will step down on Sept. 1. He is retiring after eight years as head of Cartier and decades in the luxury industry.
Vigneron will take on the role of chairman of Cartier Culture and Philanthropy and help with the transition period.
Louis Ferla, currently CEO of Vacheron Constantin, will take over as CEO of Cartier.
Ferla joined Richemont in 2001, starting at Alfred Dunhill as area sales manager in Hong Kong and then as general manager in Taipei, Taiwan.
In 2006, he joined Cartier, where he held various senior executive positions in the Middle East, India, and Africa before being appointed CEO of the brand in China.
In 2015, Ferla was promoted to Cartier’s executive committee as the international director of clients and business. He was named Vacheron Constantin CEO in 2017.
Richemont did not say who would take on this soon-to-be vacant role.
Johann Rupert, Richemont’s chairman of the board, welcomed Ferla.
“I am delighted Louis has accepted to take on the top role at Cartier. He has earned the admiration and respect of his colleagues across the group and of the industry at large for having so brilliantly positioned Vacheron Constantin at the pinnacle of haute horlogerie. His experience and leadership qualities will prove invaluable for Cartier’s long-term success,” he said.
Rupert also thanked Vigneron for his service to the brand.
“I would like to express my gratitude to Cyrille for his vision and bold leadership over the last eight years, under which Cartier has reached new heights becoming the reference in the world of luxury.
“I would also like to thank Cyrille for helping identify Louis as his successor. I wish Cyrille all the best in his new role, where I know he will be working on topics that he has always felt passionate about.”
Related stories will be right here …
Cyrille Vigneron, CEO of Cartier, will step down on Sept. 1. He is retiring after eight years as head of Cartier and decades in the luxury industry.
Vigneron will take on the role of chairman of Cartier Culture and Philanthropy and help with the transition period.
Louis Ferla, currently CEO of Vacheron Constantin, will take over as CEO of Cartier.
Ferla joined Richemont in 2001, starting at Alfred Dunhill as area sales manager in Hong Kong and then as general manager in Taipei, Taiwan.
In 2006, he joined Cartier, where he held various senior executive positions in the Middle East, India, and Africa before being appointed CEO of the brand in China.
In 2015, Ferla was promoted to Cartier’s executive committee as the international director of clients and business. He was named Vacheron Constantin CEO in 2017.
Richemont did not say who would take on this soon-to-be vacant role.
Johann Rupert, Richemont’s chairman of the board, welcomed Ferla.
“I am delighted Louis has accepted to take on the top role at Cartier. He has earned the admiration and respect of his colleagues across the group and of the industry at large for having so brilliantly positioned Vacheron Constantin at the pinnacle of haute horlogerie. His experience and leadership qualities will prove invaluable for Cartier’s long-term success,” he said.
Rupert also thanked Vigneron for his service to the brand.
“I would like to express my gratitude to Cyrille for his vision and bold leadership over the last eight years, under which Cartier has reached new heights becoming the reference in the world of luxury.
“I would also like to thank Cyrille for helping identify Louis as his successor. I wish Cyrille all the best in his new role, where I know he will be working on topics that he has always felt passionate about.”
The new CEO of Van Cleef & Arpels is Jaeger-LeCoultre CEO Catherine Rénier.
She succeeds Nicolas Bos, who was appointed CEO of Richemont, and will take over on Sept. 1.
Rénier has more than 20 years of experience in jewelry and watches at Richemont, joining the company in 1999 as Cartier North America’s retail development director in New York.
In 2003, she moved to Paris, joining Van Cleef & Arpels as deputy marketing manager, where she helped to develop the brand.
She relocated again in 2008 to Hong Kong to drive the brand’s growth in the Asia Pacific region. She was its commercial director, then managing director for Hong Kong, Macau, and China in 2011.
Rénier later was appointed president of the Asia Pacific region, a role she held for eight years.
She became CEO of Jaeger-LeCoultre in 2018.
Bos welcomed Rénier to her new role.
“I am delighted Catherine will be taking on the role of CEO of Van Cleef & Arpels after 6 years at the helm of Jaeger-LeCoultre where she built a strong leadership team and a clear and differentiated positioning for the maison, which has been foundational to its success during her tenure,” he said.
“Catherine brings the perfect mix of experience and leadership skills to the role, which, coupled with her deep knowledge of the maison, will enable her to ensure Van Cleef & Arpels long-term success.”
Philippe Hermann, chief financial officer of Jaeger-LeCoultre, will take on the role of ad interim CEO at the watch brand until a new CEO is announced.
Editors' Picks
Sponsored by
More on Majors
The Latest
Policies & IssuesJan 10, 2025
Jewelers Relief Fund Reopened to Aid Victims of LA Fires Created by JA and DCA, the fund is collecting money for jewelry businesses damaged by the wildfires in Los Angeles County.
Policies & IssuesJan 10, 2025
Harwell Godfrey, Stephanie Gottlieb Are Raising Money for LA Wildfire ReliefSeveral jewelry designers are lending a helping hand to charities in Los Angeles amid the raging wildfires.
TrendsJan 10, 2025
Piece of the Week: Elsa Jin’s ‘Mozi’ BroochAdrien Brody received his first Golden Globe while wearing the “Mozi” brooch, which depicts a spill of traditional Chinese calligraphy ink.
Brought to you by
A Diamond Is Forever Celebrates "Forever Present" Holiday CampaignA Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
SourcingJan 10, 2025
De Beers, GJEPC Partner to Promote Natural DiamondsThe pair will work together to support independent retailers in India with marketing assets, training materials, and other tools.
Weekly QuizJan 09, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CrimeJan 09, 2025
US Customs Seizes Counterfeit Tiffany & Co. JewelsOfficers in Champlain, New York valued the jewels, if genuine, at nearly $30,000.
CollectionsJan 09, 2025
Karma El Khalil’s New Collection is an Ode to the MoonThe “Moonlight Rhapsody” collection is overflowing with gemstones, from raw opal to morganite and spessartite.
Brought to you by
De Beers Group Launches Holiday Campaign for Natural Diamonds‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
Events & AwardsJan 09, 2025
Here Is the 2025 AGTA GemFair Tucson Educational LineupThe seminar series covers topics from market trends and colored stone terminology to working with museums and growing an Instagram profile.
SourcingJan 09, 2025
Reena Ahluwalia Unveils New Works in ‘Diamond Trails’ AnthologyThe artist collaborated with industry creatives on the project, which features five fictional stories and five corresponding paintings.
IndependentsJan 09, 2025
Virginia Jewelers Raise Nearly $26K for Children’s Hospital at Charity BallNine jewelers donated jewels for a raffle to support the Children’s Hospital Foundation at Virginia Commonwealth University.
WatchesJan 08, 2025
Oris Debuts Hot Pink Miss Piggy WatchMiss Piggy shared her thoughts on being fabulous, the importance of accessories, and how to be your own cheerleader.
Lab-GrownJan 08, 2025
Effy Introduces Brand Dedicated to Lab-Grown Diamonds“Promise by Effy” includes fashion jewelry and engagement rings.
IndependentsJan 08, 2025
Haltom’s Jewelers to Close After 130 YearsThe Texas-based jeweler is closing all three locations.
TrendsJan 08, 2025
Zendaya’s Engagement Ring Combines Vintage and Modern ElementsZendaya’s ring, featuring an east-west set elongated cushion-cut diamond, is said to be from British designer Jessica McCormack.
ColumnistsJan 07, 2025
The Smart Lab: The Hottest Digital Marketing Trends For 2025Micro-influencers, customer reviews, and shoppable videos are going to be key to getting customers’ attention, Emmanuel Raheb writes.
TrendsJan 07, 2025
Amanda’s Style File: January Is for GarnetGarnet is comprised of a group of minerals, giving those with a birthday in January options when it comes to their birthstone.
IndependentsJan 07, 2025
Edge Retail Academy Names 2024 ‘Wag’ Award Winner The annual award, created in memory of business coach William “Wag” Wagner, went to a retailer in Fairfax, Virginia.
SourcingJan 07, 2025
Columbia Gem House To Debut Lightning Ridge Opal CollectionThe wholesaler is partnering with Australian brand Cheal Opal on a new offering of calibrated stones.
EditorsJan 06, 2025
White Hot: 8 Glamorous Jewelry Looks From the Golden GlobesFrom Zendaya to Selena Gomez and Zoe Saldaña, many stars at the 82nd Golden Globes were wearing white gold or platinum jewelry.
CrimeJan 06, 2025
FBI Adds 2 Suspected Jewelry Thieves to Its Wanted ListDescribed by JSA as being “habitual offenders,” Vasile Sava and Onita Rostas have federal warrants out for their arrest in Kansas.
IndependentsJan 06, 2025
Facets of Fire Debuts New Jewelry DisplaysA solar-powered loose diamond holder rotates the stones to show off how they catch the light.
IndependentsJan 03, 2025
Kelly Newton, Shipley Award Winner and Devoted Family Man, Dies at 74Newton owned and operated Newton’s Jewelers in Fort Smith, Arkansas, and is remembered for being positive, honest, and loving.
Events & AwardsJan 03, 2025
12 Works by Glenn Lehrer, Paula Crevoshay on Display at Lapidary Museum“Synergy & Symbiosis” is open now through late April at the Lizzadro Museum of Lapidary Art in Oak Brook, Illinois.
CollectionsJan 03, 2025
Piece of the Week: Renna’s ‘Butterfly Caspian’ NecklaceBegin 2025 with a butterfly intaglio symbolizing change and transformation.
CrimeJan 02, 2025
Rolex Sale That Went South Led to Murder of Florida Jeweler, Report SaysJeweler Anthony D’Amore was found dead inside his office Dec. 23, marking the fourth jeweler killed on the job in 2024, according to JSA.
WatchesJan 02, 2025
Ben Bridge Opens Tudor Boutique in HonoluluThe opening marks Tudor’s first location in Hawaii.
