Richemont appoints Louis Ferla as CEO of Cartier

Richemont has introduced Louis Ferla as chief government officer of Cartier, efficient 1 September 2024.

Presently chief government officer of Vacheron Constantin, Ferla will succeed Cyrille Vigneron, who has determined to retire after eight profitable years on the helm of the maison.

Vigneron will assume the place of chairman of Cartier Tradition and Philanthropy and can work with Ferla to make sure a clean transition.

Ferla, a French nationwide, joined Richemont in 2001 beginning at Alfred Dunhill as Space Gross sales supervisor in Hong Kong after which as basic supervisor in Taipei.

In 2006 he joined Cartier, the place he held numerous senior government positions, particularly throughout the Center East, India and Africa earlier than being appointed CEO in China.

In 2015, he was promoted to the jewelry maison’s government committee as worldwide director Shoppers and Enterprise. Ferla has been CEO of Vacheron Constantin since 2017.

Johann Rupert, chairman of the board, stated: “I’m delighted that Louis has accepted to tackle the highest function at Cartier. He has earned the admiration and respect of his colleagues throughout the Group and of the trade at massive for having so brilliantly positioned Vacheron Constantin on the pinnacle of Haute Horlogerie. His expertise and management qualities will show invaluable for Cartier’s long-term success.

“I want to specific my gratitude to Cyrille for his imaginative and prescient and daring management over the past 8 years, beneath which Cartier has reached new heights changing into the reference on the planet of luxurious. I might additionally prefer to thank Cyrille for serving to determine Louis as his successor. I want Cyrille all the very best in his new function, the place I do know he will probably be engaged on subjects that he has at all times felt captivated with.”

Vigneron added: “We’re delighted to welcome Louis again to Cartier. His excellent management abilities, distinctive enterprise acumen and deep affinity for our Maison make him the best candidate for the function. I sit up for working with Louis in my new function.”