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.
More on Majors
The Latest
CollectionsJul 05, 2024
Piece of the Week: Cece Jewellery’s ‘Insignia’ MedallionSpin the medallion’s diamond arrow to find out your fate.
SourcingJul 05, 2024
Lucara Names New VP of Mineral ResourcesLauren Freeman, a Ph.D. with more than 25 years of experience in mining, has joined the company.
Supplier BulletinJul 03, 2024
CASE Awards: Celebrating Creativity & Craftsmanship for 30 YearsSponsored by Jewelers of America
Brought to you by
Discover IGI’s SuperpowerIGI can surpass your expectations when it comes to elevating your brand, protecting your business, training staff and more.
IndependentsJul 03, 2024
William Jones IV Promoted to President of Sissy’s Log CabinThe third-generation leader succeeds Lamar McCubbin, who resigned last month after 11 years in the role.
Weekly QuizJul 03, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
EditorsJul 03, 2024
The Top 10 Stories of 2024 So FarEditor-in-Chief Michelle Graff shares a rundown of the National Jeweler website’s most popular articles as we hit the halfway point of the year.
TrendsJul 03, 2024
Beth Bernstein’s New Book Spotlights 45 Women Designers Shaping Tomorrow“Jewelry’s Shining Stars: The Next Generation: 45 Visionary Women Designers” will be available on July 15.
Brought to you by
The End of an Era? Lab-Grown Diamonds' Journey Towards Price StabilityAs the demand for lab-grown diamond jewelry may still be increasing, the most notable change we are likely to see is price stabilization.
IndependentsJul 03, 2024
Eiseman Jewels Names New Chief Marketing OfficerIn the newly created role, Cristina Salas will lead the Dallas jeweler’s marketing strategy.
CrimeJul 02, 2024
Theodore Roosevelt’s Stolen Watch Winds Its Way HomeIt has been returned to the Sagamore Hill National Historic Site in New York nearly 40 years after being taken while on loan to a Buffalo museum.
MajorsJul 02, 2024
Rocksbox to End Rental Model, Transition to Online StoreIts subscription jewelry rental service will end next month.
IndependentsJul 02, 2024
DeVries Jewelers Relocating to Expanded LocationThe new two-story location is expected to be open by mid-October.
TrendsJul 01, 2024
Amanda’s Style File: Ravishing RubiesThe rich red July birthstone is the epitome of romance.
GradingJul 01, 2024
Gübelin Launches Lower-Cost, AI-Powered Gem ReportThe Gem Passport is available for emeralds, rubies, and blue sapphires weighing up to 3 carats.
TechnologyJul 01, 2024
GemOro Has a New Permanent Jewelry MachineThe Sy Kessler-owned company recently debuted the Helix Permanent Jewelry Welder.
SourcingJul 01, 2024
Diamond Supplier SRK Exports Joins United Nations Global Compact As a member of UNGC, the diamond supplier pledges to implement sustainable and socially responsible policies.
SourcingJun 28, 2024
Fura Gems CEO Dev Shetty Steps DownHe’s leaving the colored gemstone miner to pursue other opportunities, the company said Friday.
IndependentsJun 28, 2024
Krombholz Jewelers Goes All In on Antique, Vintage JewelryIn response to growing customer demand, the Cincinnati jeweler will transition to selling only antique, vintage, and estate jewelry.
Events & AwardsJun 28, 2024
CBG Announces Dates for ‘The Experience’ 2024The show is slated for Sept. 9-11 in Downtown Nashville.
CollectionsJun 28, 2024
Piece of the Week: Sorellina’s ‘Cassette Tape’ PendantThe nostalgic “Cassette Tape” pendant features a spool of diamonds that “rewind” or “fast-forward” with the “Cassette Key Pencil” pendant.
EditorsJun 27, 2024
How Color Made Its Mark on the Vegas Show FloorsAssociate Editor Lauren McLemore shares her roundup of trending designs, vendors’ top picks and the unexpected color that made a statement.
CollectionsJun 27, 2024
De Beers Jewellers Honors Southern Africa in New High Jewelry CollectionThe “Forces of Nature” collection was inspired by the place where De Beers sources most of its diamonds.
GradingJun 27, 2024
GIA Debuts Jewelry Report ServiceThe pilot program will provide grading information for diamond jewelry.
SourcingJun 27, 2024
De Beers’ Rough Diamond Sales Sink 31%The company sold $315 million in rough in the fifth sales cycle of the year, down from $456 million in the same period last year.
MajorsJun 26, 2024
Q&A: Watches of Switzerland CEO Brian Duffy Talks Jewelry StrategyDuffy spoke candidly about the company’s plans to watch and learn, his love for the U.S. market, and what he learned from his mom.
Policies & IssuesJun 26, 2024
EU Pushes Back Sept. 1 Diamond Traceability Deadline, US Yet to ActThe European Union has delayed its deadline for implementing a “robust” traceability mechanism for rough diamonds by six months.
SurveysJun 26, 2024
Consumer Confidence Slips in June Amid Rising PricesThe costs of food and groceries remained a top concern, followed by the labor market and U.S. politics.
