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Richemont makes appointments to board and executive committee

Luxury group Richemont has made two new appointments to its board and senior executive committee. Bram Schot has been nominated for election as a non-executive director…

FASHION

Richemont makes appointments to board and executive committee

Luxury group Richemont has made two new appointments to its board and senior executive committee.

Bram Schot has been nominated for election as a non-executive director while Bérangère Ruchat has joined the group’s senior executive committee in her capacity as chief sustainability officer.

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Schot has more than three decades of experience in the premium automotive industry within various management positions, including at DaimlerChrysler, Mercedes-Benz, Volkswagen Group and Audi across different countries.

Johann Rupert, chairman of Richemont, said: “I would like to warmly welcome Bram to the board. He brings unparalleled managerial experience and expertise in client-centricity, technology, sustainability, innovation, and risk management to help reach our objective of achieving long term profitable, responsible and sustainable growth.”

His appointment is subject shareholders’ approval at the group’s AGM which will be held on 6 September.

Meanwhile Ruchat has been working as Richemont’s first chief sustainability officer for the past year. Prior to this, she held the same role at the Firmenich Group where she drove the group’s sustainability strategy during her 12-year tenure.

Rupert said: “I am delighted to have Bérangère Ruchat join Richemont’s senior executive committee. In just twelve months, Berry has significantly contributed to strengthening Richemont’s sustainability strategy, further raising the group’s understanding of sustainability and ESG reporting and compliance matters.”

Richemont’s portfolio of brands includes the likes of Cartier, Van Cleef & Arples, Chloe and Panerai. The group also owns Yoox-Net-A-Porter.

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