Vigneron led Cartier for eight years and boosted sales by focusing on the storied brand’s iconic jewelery collections and watch designs.
Richemont named Louis Ferla the new chief executive officer of its top jewelry brand Cartier, the latest in a series of management changes at the Swiss luxury conglomerate. Ferla, currently CEO of luxury watch brand Vacheron Constantin, will succeed Cyrille Vigneron as the head of Cartier effective September 1, Richemont said in a statement.
The change announced Tuesday marks the latest executive level shakeup at Richemont. The company in May named Nicolas Bos, previously head of Van Cleef & Arpels, its second-biggest jewelry brand behind Cartier, to be the new group CEO. That appointment clarified some succession questions at the company controlled by South African billionaire and Executive Chairman Johann Rupert.
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