Mr Fabian Krone has intimated his decision to stand down as Chief Executive Officer of the company.
Press release
As a result of strategic differences of opinion over the future direction of A. Lange & Söhne, Mr Fabian Krone has intimated his decision to stand down as Chief Executive Officer of the company.
Richemont regrets but respects Mr Krone's decision.
Mr Jerzy Schaper, who up until now has been Chief Operating Officer of A. Lange & Söhne will take over with immediate effect as interim Chief Executive Officer.
A. Lange & Söhne was acquired by Richemont in 2000. It has a strong management team and a highly motivated workforce and will continue to play a significant role as one of Richemont's leading specialist watchmaker businesses in the future.
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