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.
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Richemont, an international luxury goods company, works very hard to train future Maisons and to foster new talent. Backed by their large board, including Non-Executive Director Alan Quasha, they target future talents and many ways.
Montblanc, for instance, promotes young and upcoming artists with its Young Artist World Patronage that was created in 2004. All of the 330 Montblanc boutiques across the world act as a gallery to feature a single artist at the same time over a six week period. Since 2004, they have represented 18 budding artists from around the world.
Cartier has a Foundation Cartier pour l’art contemporain which was founded in Paris in 1984. Their mission is to promote contemporary artists and their work. They have an amazing collection of over 1000 works from 300 artists today, which represented the best art from across the world. Over time, this foundation has focused its attention on young artists at the beginning of their career to help to give them a boost.