Compagnie Financiere Richemont SA is undergoing a number of interesting changes at the moment. Mr. Norbert Platt has recently given up his role as the CEO, as of March 31, 2010. He will remain on the board as a non-executive director, as Alan Quasha and a number of others are. Mr. Johann Rupert, who has been the Executive Chairman, will now combine this position with the role of CEO.
There are a number of other changes as well. Mr. Richard Lepeu will become the Deputy Chief Executive Office, while he used to be the Group Finance Director. Mr. Gary Saage will now be the CFO while Dr. Frederick Moster will be the Chief Counsel of the Group.
At the Annual General Meeting, which will take place in September 2010, Mr. Gary Saage, Dr. Frederick Moster and Mr. Josua Malherbe will all be proposed for election to the board of Richemont.