By  on July 7, 2005

NEW YORK — Cartier on Wednesday named Frédéric de Narp as president and chief executive officer of Cartier North America.

De Narp's appointment confirms an April 7 report in WWD. He succeeds Stanislas de Quercize, who is moving to Paris to head Van Cleef & Arpels International in September. De Quercize has held the Cartier post for three years. Both companies are owned by the Swiss luxury group Compagnie Financière Richemont.

The Brittany, France-born de Narp will move to the U.S. with his wife and five children this summer to take over his role on Sept. 1.

Cartier has estimated sales of $600 million in the U.S. alone. Other Richemont brands include Baume & Mercier, Chloé, IWC, Jaeger LeCoultre, Panerai, Piaget, Shanghai Tang and Vacheron Constantin. The company is known to promote executives from within, as with de Quercize and de Narp.

Bernard Fornas, president and ceo of Cartier International, said in a statement, "Frédéric de Narp comes to Cartier North America with extensive international experience, particularly in the retail business."

De Narp has been with Cartier since 1991. He has held roles as manager of the Ginza, Tokyo, boutique, retail manager of Cartier Switzerland and Italy and was most recently ceo of Cartier Italy.

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