Shifting Leadership at Iconic Brands
The watch and jewelry industry is experiencing significant leadership transitions with two major Richemont brands—Cartier and Van Cleef & Arpels—announcing new CEOs. Effective September 1, Louis Ferla and Catherine Rénier will step into these prominent roles, bringing fresh perspectives to these storied maisons.
Louis Ferla Takes the Helm at Cartier
Louis Ferla, the current CEO of Vacheron Constantin, will succeed Cyrille Vigneron as CEO of Cartier. Vigneron, who has guided Cartier for the past eight years, is retiring, making way for Ferla’s return to the brand.
Ferla’s career with Cartier began in 2006, and he has since held significant roles, including CEO of Cartier China and International Director of Clients and Business. Under his leadership at Vacheron Constantin, the brand has solidified its status as a top name in Haute Horlogerie. Johann Rupert, Chairman of Richemont, expressed his enthusiasm about Ferla’s appointment, highlighting his esteemed reputation and leadership skills as assets for Cartier’s future.
Catherine Rénier to Lead Van Cleef & Arpels
On the same day, Catherine Rénier was appointed CEO of Van Cleef & Arpels, succeeding Nicolas Bos, who has been promoted to oversee the entire Richemont conglomerate. Rénier, who has served as CEO of Jaeger-LeCoultre, is well-acquainted with Van Cleef & Arpels from her previous tenure there.
Rénier’s career at Van Cleef began in 2003, where she rose through the ranks to become President of the Asia-Pacific region. Her previous experience with the brand and her achievements at Jaeger-LeCoultre position her well to lead Van Cleef & Arpels into its next chapter. Nicolas Bos praised Rénier’s leadership and deep knowledge of the maison as vital to its ongoing success.
Industry Trends and Changes
These appointments are part of a broader trend of leadership changes in the luxury watch and jewelry sector. Notable recent changes include TAG Heuer’s new CEO, Frédéric Arnault, and Geoff Hess’s promotion to global head of watches at Sotheby’s.
The new leadership at Cartier and Van Cleef & Arpels is expected to bring innovative approaches to these prestigious brands, shaping their strategies and growth in the evolving luxury market.
