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Compagnie Financiere Richemont SA (CFRJ.J)

CFRJ.J on Johannesburg Stock Exchange

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6 Aug 2020
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Summary

Name Age Since Current Position

Johann Rupert

70 2013 Chairman of the Board of Directors

Jerome Lambert

51 2018 Chief Executive Officer, Member of the Group Management Committee and Senior Executive Committee, Executive Director

Josua Malherbe

65 2013 Independent Non-Executive Deputy Chairman of the Board of Directors

Burkhart Grund

55 2017 Chief Financial Officer, Member of the Group Management Committee and Senior Executive Committee, Executive Director

Sophie Guieysse

57 2018 Group Human Resources Director, Member of the Group Management Committee and Senior Executive Committee, Executive Director

Nicolas Bos

49 2017 President & Chief Executive Officer of Van Cleef & Arpels, Member of the Group Management Committee, Senior Executive Committee, Executive Director

Cyrille Vigneron

59 2016 President & Chief Executive Officer of Cartier Member of the Group Management Committee and Senior Executive Committee, Executive Director

Emmanuel Perrin

51 2017 Head of Specialist Watchmakers Distribution, Member of the Group Management Committee and Senior Executive Committee

Frank Vivier

63 2017 Chief Transformation Officer, Member of the Group Management Committee and Senior Executive Committee

Swen Grundmann

52 Company Secretary

Clayton Brendish

73 2017 Lead Independent Non-Executive Director

Jan Rupert

65 2012 Non-Executive Directors

Gary Saage

60 2017 Non-Executive Directors

Nikesh Arora

52 2017 Independent Non-Executive Director

Jean-Blaise Eckert

57 2013 Independent Non-Executive Directors

Keyu Jin

38 2017 Independent Non-Executive Directors

Ruggero Magnoni

69 2006 Independent Non-Executive Directors

Jeff Moss

50 2016 Independent Non-Executive Directors

Vesna Nevistic

55 2017 Independent Non-Executive Directors

Guillaume Pictet

70 2010 Independent Non-Executive Directors

Alan Quasha

65 2000 Independent Non-Executive Directors

Maria Ramos

61 2011 Independent Non-Executive Directors

Anton Rupert

33 2017 Independent Non-Executive Directors

Sophie Cagnard

Group Corporate Communications Director

Biographies

Name Description

Johann Rupert

Mr. Johann P. Rupert serves as Chairman of the Board of Directors of the Company. Mr Rupert was first appointed to the Board in 1988 and served as Chairman from 2002 to 2013. Following a sabbatical year, he was reappointed Chairman in September 2014. He is Chairman of the Nominations Committee and the Senior Executive Committee. Mr Rupert is the Managing Partner of Compagnie Financière Rupert. He studied economics and company law at the University of Stellenbosch. After working for the Chase Manhattan Bank and Lazard Frères in New York, he founded Rand Merchant Bank in 1979. In 1985, he joined Rembrandt. He founded Richemont in 1988 and became Group Chief Executive. He also served as Chief Executive Officer from 2003 to 2004 and from 2010 to 2013. He is Non-executive Chairman of Remgro Limited and Chairman of Reinet Investments Manager S.A., the management company of Reinet Investments S.C.A. Mr Rupert holds honorary doctorates in Law, Economics and Commerce, is Chairman of the Peace Parks Foundation and the Michelangelo Foundation.

Jerome Lambert

Mr. Jerome Lambert serves as Chief Executive Officer, Member of the Group Management Committee and Senior Executive Committee, Executive Director of the Company. He graduated from ESG Management School, Paris and completed post-graduate studies at the Swiss Graduate School of Public Administration. Prior to joining the Group, he held financial roles in Switzerland’s public postal and telecommunications service. Mr Lambert joined Jaeger-LeCoultre in 1996 as the Manufacturer’s financial controller and became Chief Financial Officer three years later. In 2002, he was appointed its Chief Executive Officer and served in that role until June 2013. Mr Lambert then became Chief Executive Officer of Montblanc until March 2017. In addition, Mr Lambert has served as Chairman of A. Lange & Söhne since 2009 and was its Chief Executive for two years. In April 2017, Mr Lambert became the Group’s Head of Operations, responsible for central and regional services and all Maisons other than Jewellery and Specialist Watchmakers. In November 2017, Specialist Watchmakers Maisons were added to his scope and he was named Group Operations Officer. Mr Lambert has been the Group Chief Executive Officer since September 2018.

Josua Malherbe

Mr. Josua Malherbe serves as Independent Non-Executive Deputy Chairman of the Board of Directors of the Company. He also serves as Chairman of the Audit Committee and is a member of the Strategic Security and Nominations Committees. He qualified as a Chartered Accountant from The South African Institute of Chartered Accountants in 1984 and worked with the predecessor firm of PricewaterhouseCoopers before joining Rand Merchant Bank in 1985. In 1990 he joined Rembrandt Group Limited and was involved with Richemont at that time. Since its formation in 2000, he served first as Chief Executive Officer and then as Deputy Chairman of VenFin Limited until 2009 when that company was acquired by Remgro Limited. Mr Malherbe continues to serve as a director of Richemont Securities S.A., Remgro Limited, Reinet Investments Manager S.A., and Pension Corporation Group Limited.

Burkhart Grund

Mr. Burkhart Grund serves as Chief Financial Officer, Member of the Group Management Committee and Senior Executive Committee, Executive Director of the Company. He is a graduate in Business Administration of Georgia Southern University, US and completed his graduate studies in International Finance at Münster University, Germany. Prior to joining the Group, he held various positions in the Finance department at Wella AG and was appointed Chief Financial Officer of the Wella subsidiary in Chile in 1996. He moved to Richemont in 2000 to be Chief Financial Officer of Montblanc France, a position which he held until 2006 when he joined Van Cleef & Arpels as Vice President and Chief Financial Officer. In 2016, Mr Grund was appointed Group Deputy Finance Director, and became a member of the Senior Executive Committee. In August 2017, Mr Grund was appointed Group Chief Finance Officer.

Sophie Guieysse

Ms. Sophie Guieysse is no longer serves as Group Human Resources Director, Member of the Group Management Committee and Senior Executive Committee, Executive Director of the Company effective 9/9/2020. Ms Guieysse is a graduate from the Ecole Polytechnique, the Ecole Nationale des Ponts et Chaussées and holds an MBA from the Collège des Ingénieurs. Ms Guieysse began her career holding operational functions at a number of French Ministries. From 1997 until 2005, she held various human resources roles at LVMH. Her ultimate role there was as Director of Human Resources of the LVMH group. In 2005, Ms Guieysse joined Canal+ group where she spent ten years as Human Resources Director and a member of the Executive Committee. Since 2016, Ms Guieysse has been advising Dior on the future of luxury in a connected world. Ms Guieysse serves on the Board of Directors of Maisons du Monde and is Chairman of its Nominations and Compensation Committees. In addition, Ms Guieysse is a member of the Remuneration Committee of the Paris 2024 Olympic Games Organising Committee and of the 2023 Rugby World Cup Organising Committee.

Nicolas Bos

Mr. Nicolas Bos serves as President & Chief Executive Officer of Van Cleef & Arpels, Member of the Group Management Committee, Senior Executive Committee, Executive Director of the Company. He is a graduate of the ESSEC Business School. Mr Bos joined Richemont in 1992, initially working with the Fondation Cartier pour l’art contemporain in Paris. In 2000, he joined Van Cleef & Arpels as International Marketing Director. In 2009, he became Vice President and Creative Director and in 2010 was also appointed President of Van Cleef & Arpels, Americas. In January 2013, Mr Bos became global President and Chief Executive Officer of Van Cleef & Arpels.

Cyrille Vigneron

Mr. Cyrille Vigneron serves as President & Chief Executive Officer of Cartier Member of the Group Management Committee and Senior Executive Committee, Executive Director of the Company. He is a graduate of the ESCP Europe (Ecole Supérieure de Commerce de Paris). On 1 January 2016, he was appointed Chief Executive Officer of Cartier. Prior to his new role, Mr Vigneron was President of LVMH Japan and worked with Richemont from 1988 to 2013: principally with Cartier, rising to become Managing Director of Cartier Japan, President of Richemont Japan, and finally, Managing Director of Cartier Europe.

Emmanuel Perrin

Mr. Emmanuel Perrin serves as Head of Specialist Watchmakers Distribution, Member of the Group Management Committee and Senior Executive Committee of the Company. He is a graduate of the University of Applied Sciences and Arts in Dortmund and holds Bachelor degree in International Business Administration (B.B.A.). from the ESSEC business school. Prior to his current role Mr. Perrin was EVP of Sales - International Commercial Director of Cartier in Switzerland and prior to that, President & CEO of Cartier in North America.

Frank Vivier

Mr. Frank Vivier serves as Chief Transformation Officer, Member of the Group Management Committee and Senior Executive Committee of the Company. He was Chief Transformation Officer, Member of the Group Management Committee from November 2016. He has over 25 years of experience in E-Commerce businesses, venture capital, corporate strategy and business re-engineering. He is a graduate of the University of Stellenbosch, the University of Natal (BA Hons. Strategic Studies), and Unisa. Mr. Vivier currently serves as Richemont’s representative on various joint venture boards, such as Montblanc India JV with Titan, part of the Tata group (chairman). Since 2003 Mr. Vivier was the Group Director for eBusiness at Richemont. During that period he was also the Chief Executive Officer of Columbus Venture Capital at Richemont, until 2008. Prior to joining the Group, Mr. Vivier worked in South Africa and Europe as a consultant, specializing in corporate strategy and business process re-engineering for international corporations. He was also the founder and Chief Executive Officer of several start-up companies including CommsCo International and Destiny E-Commerce.

Swen Grundmann

Clayton Brendish

Mr. Clayton M. Brendish CBE serves as Lead Independent Non-Executive Director of the Company. Mr Brendish was appointed to the Board as a Non-executive Director and the Lead Independent Director in 2017. He also serves as the Chairman of the Ethics Sub-Committee, a sub Committee of the Audit Committee, the Strategic Security and Compensation Committees and is a member of the Audit and Nominations Committees. He holds a Master degree in engineering from the Imperial College, London and also holds an honorary Doctor of Science degree from the University of London. His professional background is in the Information Technology and Communications industry, having founded Admiral plc in 1979 (now part of CGI UK). He was a Non-executive Director of BT plc from 2002 to 2011 and Non-executive Director and Chairman of the Meteorological Office from 1995 to 2003. He was also a Trustee of the Economist Newspaper from 1999 to 2012. He was most recently Non-executive Chairman of Anite from 2005 to 2015 and of SThree from 2010 to April 2018. Prior to his nomination to the Board of Richemont, Mr Brendish served as an advisor to Richemont’s Strategic Security Committee.

Jan Rupert

Mr. Jan Rupert serves as Non-Executive Directors of the Company. Mr Jan Rupert was appointed to the Board in 2006 and is a member of the Strategic Security and Nominations Committees. He joined the Group as Manufacturing Director in 1999 and served as an Executive Director from 2006 to 2012. Mr Jan Rupert has served as a Non-executive Director since 2012. Mr Jan Rupert is a graduate in mechanical engineering from Stellenbosch University, South Africa and has had an extensive career in production management in the tobacco and watchmaking industries. Prior to joining Richemont, he was Manufacturing Director of Rothmans International.

Gary Saage

Mr. Gary Saage CPA serves as Non-Executive Directors of the Company. Mr Saage is a graduate of Fairleigh Dickinson University, US, and is a Certified Public Accountant. Following an early career in public accounting with Coopers & Lybrand, he joined Cartier’s US business in 1988. Between 1988 and 2006, he served as Chief Operating Officer of Richemont North America and of Alfred Dunhill in London. From 2006 to 2010, he served as Group Deputy Finance Director, subsequent to which he was appointed Chief Financial Officer, a position he held from 2010 to 31 July 2017. Since 1 August 2017, he has been serving as a Non-executive Director. In addition, he is the Chairman of Richemont North America and a Director of Peter Millar LLC. Mr Saage is also a Non-executive Director of Arendale Holdings Corp.

Nikesh Arora

Mr. Nikesh Arora serves as Independent Non-Executive Director of the Company. He holds an M.S. in Business Administration from Northeastern University (1990-1992), an M.S. in finance from Boston College (1992-1994) and a B. Tech. in electrical engineering from the Institute of Technology at Banaras Hindu University (1985-1989). Mr Arora is currently the Chairman and CEO of Palo Alto Networks, the world's largest independent cybersecurity company based in Santa Clara California. He has been in this role since 1 June 2018. Prior to this Mr Arora was President and Chief Operating Officer of SoftBank Group Corp., the global telecommunications company and technology investor; he worked at SoftBank from September 2014 till June 2016. Prior to that Mr Arora has held a number of senior positions in the technology sector. He held various roles at Google since 2004, his last role being Senior Vice President and Chief Business Officer of Google, Inc. from 2009 until 2014. Prior to that Mr Arora worked at Deutsche Telekom AG where his last role was CMO of T-Mobile International; he was at DTAG from 1999 until 2004. Prior to this he was in financial roles at Putnam Investments and Fidelity Investments.

Jean-Blaise Eckert

Mr. Jean-Blaise Eckert serves as Independent Non-Executive Directors of the Company. He graduated from Neuchâtel University, Switzerland, and holds an MBA from Berkeley, University of California. Maître Eckert has been a practising lawyer since 1989 and a Partner of Lenz & Staehelin since 1999, advising on national and international corporate, commercial and tax law. Maître Eckert serves on the board of several Swiss companies, including PSA International SA and UL (Underwriters Laboratories) AG, and on the board of several not-for-profit organisations, including the Fondation pour la Musique et la Culture, Genève. He is also a member of a number of Swiss and international professional organisations.

Keyu Jin

Dr. Keyu Jin Ph.D. serves as Independent Non-Executive Directors of the Company. She is a tenured Professor of Economics at the London School of Economics. From Beijing, Dr Jin holds a BA, MA and PhD from Harvard University. Her specific areas of expertise are international macroeconomics, international finance and the Chinese economy.

Ruggero Magnoni

Mr. Ruggero Magnoni serves as Independent Non-Executive Directors of the Company. Mr Magnoni joined Lehman Brothers in 1977 and held a number of senior roles across that firm’s international activities. In 2000, Mr Magnoni became Head of the European Private Equity division and Vice Chairman of Lehman Brothers Inc and in 2002, Chairman of Lehman Brothers International Italy. Between 2008 and 2013, Mr Magnoni served as Chairman of Nomura International plc’s Investment Banking division for Europe, Middle East and Africa. He was a member of the Board of Overseers of Reinet Investments S.C.A. up to September 2009. He is an investor and Board Director of two Italian listed industrial holding companies, IMMSI Spa and Intek Group, as well as being Chairman of London-based, FCA-registered M&M Capital. He is also involved with various philanthropic activities, including Fondazione Laureus Italia, Fondazione Dynamo Camp and Peace Parks Foundation

Jeff Moss

Mr. Jeff Moss serves as Independent Non-Executive Directors of the Company. He holds a BA in Criminal Justice from Gonzaga University. Mr Moss is a computer and internet security expert, and is the founder of Black Hat Briefings and DEF CON. Black Hat Briefings was created in 1997 and sold to CMP Media LLC in 2005. DEF CON was established in 1992, and is currently known as one of the world’s largest hacker conventions. He served as Chief Security Officer of the Internet Corporation for Assigned Names and Numbers (‘ICANN’) from 2011 to 2013. Prior to this, Mr Moss served as a director at Secure Computing Corporation from 1998 to 2000. He currently serves as a member of the U.S. Department of Homeland Security Advisory Council, a member of the Council on Foreign Relations, a Non-resident Senior Fellow at the Atlantic Council, a member of the Georgetown University School of Law Cybersecurity Advisory Committee, and a commissioner on the Global Commission for the Stability of Cyberspace (‘GCSC’).

Vesna Nevistic

Dr. Vesna Nevistic Ph.D. serves as Independent Non-Executive Directors of the Company. She holds Swiss and Croatian citizenships and has a PhD in Electrical Engineering from the Swiss Federal Institute of Technology (ETH) Zurich. She has gained extensive international experience in consulting and investment banking, having been a Partner at McKinsey and Managing Director at Goldman Sachs. From 2009 to 2012, Dr Nevistic was a Group Managing Director and Head of Corporate Development at UBS, where she was part of the senior executive team that restructured the bank’s operations following the financial crisis. She currently runs her own advisory boutique, focusing on corporate strategy and business transformations, and also serves as a Non-executive Director at Samskip BV and Samskip hf. Dr Nevistic supports various non-profit organisations and is a member of the Finance Committee of the Swiss Study Foundation, and was a trustee at the Swiss Institute / Contemporary Art New York.

Guillaume Pictet

Mr. Guillaume Pictet serves as Independent Non-Executive Directors of the Company. Mr Pictet was appointed to the Board as a Non-executive Director in 2010 and is a member of the Ethics Sub-Committee, a sub Committee of the Audit Committee, the Audit, Compensation and Nominations Committees. He is a graduate of HEC, Lausanne University. His career in private banking has included membership of Darier Hentsch & Cie’s senior management. He has also served as an international economist in Switzerland’s Federal Department of Economic Affairs. Since 1996, Mr Pictet has been a Founding Partner and Vice Chairman of de Pury Pictet Turrettini & Cie SA. He also serves as Chairman of Sécheron SA.

Alan Quasha

Mr. Alan G. Quasha serves as Independent Non-Executive Directors of the Company. Mr Quasha served as a director of Richemont SA, Luxembourg from 1988 until 2000. He was Chief Executive Officer of North American Resources Limited between 1988 and 1998. He was a member of the Board of Overseers of Reinet Investments S.C.A. up to September 2009; he has indirect interests in certain investments held by Reinet and is involved as a manager of a fund in which Reinet has invested. He was a director of American Express Funds, a former Governor of the American Stock Exchange, and a former Chairman of the Visiting Committee of the Weatherhead Centre for International Affairs. Mr Quasha is currently President of Quadrant Management Inc.; Chairman of Brean Capital; Chairman of Arc Worldwide; Director of AdaptHealth Corp, where he chairs the Compensation Committee; Director of Carret Holdings, Inc.; and on the Advisory Board of Vanterra Capital. He is also Chairman of the Brain Trauma Foundation.

Maria Ramos

Ms. Maria Ramos serves as Independent Non-Executive Directors of the Company. She obtained an Institute of Bankers’ Diploma in 1983 and holds degrees from the University of the Witwatersrand (Bachelor of Commerce and a Bachelor of Commerce Honours in Economics) and the University of London (SOAS) (Master of Science in Economics). She also holds honorary doctorates from the University of Stellenbosch and Free State University. Ms Ramos, until February 2019, served as Chief Executive Officer of Absa Group Limited for a period of ten years. Before joining Absa (previously Barclays Africa Group Limited) as Group Chief Executive in March 2009, Ms Ramos served as the Chief Executive of Transnet Limited. This followed an eight-year tenure as director general of South Africa’s National Treasury (formerly the Department of Finance). She has also served as a Non-executive and Independent Director on the boards of Sanlam Limited from 2004 to 2009, SABMiller PLC from 2007 to 2009, and Remgro Limited from 2008 to 2009. Ms Ramos currently serves on the boards of AngloGold Ashanti Ltd, Public Investment Corporation (‘PIC’) and The Saudi British Bank, since 2019. She is a member of the Group of Thirty and currently co-chairs the United Nations Secretary-General’s Task Force on Digital Financing of the Sustainable Development Goals. She also serves as a member of the International Advisory Board of the Blavatnik School of Government, Oxford University.

Anton Rupert

Mr. Anton Rupert serves as Independent Non-Executive Directors of the Company. He was a director of Watchfinder.co.uk from July 2018 to December 2019 and serves as a Non-executive Director of Remgro Ltd. Mr Anton Rupert is a non-voting observer designated by Reinet Fund S.C.A., F.I.S. to the board of Carbon, Inc., a leading digital manufacturing platform and is a director of MQA Limited, a company specialised in innovative music coding technology. He has knowledge of and insight into tech start-ups and has had extensive exposure to all of the Group’s businesses. He brings valuable insight into changing consumer behaviour in digital marketing and web-based commerce

Sophie Cagnard