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Richemont - Georges Kern resigns

Richemont Georges Kern resigns

Richemont announces resignation of Georges Kern, Head of Watchmaking, Marketing and Digital

Richemont announces the resignation with immediate effect of Mr Georges Kern. Mr Kern was Head of Watchmaking, Marketing and Digital. He has stepped down from the Senior Executive Committee and the Group Management Committee and will no longer be standing for election to the Board of Directors of Compagnie Financière Richemont SA at the forthcoming annual general meeting of shareholders.

"Georges has been offered an interesting opportunity to become an entrepreneur", said Mr Johann Rupert, Chairman, commenting on Mr Kern's decision. "He has had a very successful career at IWC Schaffhausen and we wish him well".

Richemont's watchmaking, marketing and digital activities will report to the Senior Executive Committee.