By  on October 18, 2006

LONDON — Callum Barton, president and chief executive officer of Richemont North America Inc., will retire from the company at the end of the month, but will remain as a consultant.

The firm, which owns brands such as Cartier, Montblanc, Van Cleef & Arpels, IWC, Dunhill and Chloé, said in a statement Tuesday that Barton also would step down from his position as a member of the board of directors of Richemont SA, the group's management board.

Barton is a company veteran who joined the group in 1975 as part of the original Les Must de Cartier team. Over the past 31 years, his job took him to London, Paris, Geneva and, finally, New York. He has held senior management positions at the functional, brand and regional levels.

"He was an integral part of the original Cartier management team, and over the years he has been a wonderful ambassador for the various maisons," said Johann Rupert, Richemont's executive chairman. "I am very happy to report that he has agreed to help me in a special consultancy role for the next three years."

Barton will be replaced by Daniel Mawicke, who is chief operating officer of Riche­mont North America. Mawicke joined Richemont in 1994 and was named chief financial officer of Richemont North America in 1999. He has served in his current position since 2003.

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