INDUSTRY NEWS: New CEO Appointments At Richemont for Jaeger-LeCoultre & Vacheron Constantin

by Matt Clymo

Richemont’s search for both Jaeger-LeCoultre and Vacheron Constantin CEOs is over, with Jérôme Lambert and Laurent Perves appointed to the respective positions.

Back in July, we reported the re-shuffling of CEO roles over at Richemont, which all started when Nicolas Bos, then-current CEO of Van Cleef & Arpels took the role of CEO of Richemont from June 1st this year. This move then started a domino effect of sorts, with a shuffling of other brands to fill the CEO role at Van Cleef & Arpels as well as the top role at Cartier thanks to Cyrille Vigneron’s departure.

These moves resulted in Catherine Rénier, then CEO of Jaeger-LeCoultre, moving into the CEO role at Van Cleef & Arpels, a good move by the company. Taking Cyrille Vigneron’s role at Cartier was Vacheron Constantin Boss, Louis Ferla. These two moves left a few empty CEO seats, and last week it was announced that they have now been filled.

Jérôme Lambert, an industry veteran has been tapped on the shoulder to take over the top role at Jaeger-LeCoultre. Some may know Jérôme Lambert already as he previously held the CEO position of Jaeger-LeCoultre from 2002 to 2013. He has had an illustrious career with Richemont, Starting out at Jaeger-LeCoultre in 1996 as the brand’s financial controller, then CFO before becoming CEO. Since leaving the CEO role, he has gone on to head up Mont Blanc and in 2017 he became Richemont’s Group Head of Operations, and in the same year, Group Operations Officer overseeing most of the Jewellery and Watchmaking operations. This set him up for the top role, with Mr Lambert becoming the Group Chief Executive Officer from September 2018 to May 2024, before stepping into the Group Chief Operating Officer role in June of this year.

New CEO for Jaeger-LeCoultre, Jérôme Lambert

“It is with profound honour and genuine pleasure that I return to the Grande Maison, the place where I first set foot into the magnificent world of Swiss watchmaking. This opportunity is both a privilege and a homecoming to the craft and heritage that have shaped my career.”

Jérôme Lambert, incoming Jager-LeCoutlre CEO

Alongside Mr Lambert at Jaeger-LeCoultre, Laurent Perves fills the CEO role at Vacheron Constantin, and again, is no stranger to the brand. Having joined the Maison in 2016, first as Chief Marketing Officer, then as the Chief Commercial Officer since 2021, he, too, is a luxury industry veteran with over 20 years of experience. Mr Perves has worked at the LVMH group as Change Manager over a number of years, and then 10 years in the ‘Prestige Products’ Division of Procter & Gamble, where he occupied various functions in Consumer Intelligence, Marketing, Creation and Business Development, before reaching a Global Brand Leadership position on Gucci Parfums.

The old guard and the new. Left, Louis Ferla, previous CEO of Vacheron Constantin with incoming CEO, Laurent Perves, right.

In 2014, he entered the world of Swiss Watchmaking as Head of Brand Communication for Audemars Piguet before moving into the CMO role at Vacheron Constantin, where he worked hand in hand with Vacheron’s previous CEO, Louis Ferla.

Both Jérôme Lambert and Laurent Perves will start their new roles from the 1st of January 2025. We wish them all the best!

You may also like

Copyright 2024 Watch Advice Pty Ltd. ACN: 633 660 992. All Right Reserved.