By  on April 26, 2018

TIME FOR A CHANGE: Richemont has confirmed a slew of management changes in its watch division flagged on Thursday by Luca Solca of Exane BNP Paribas. His note comes ahead of Compagnie Financière Richemont’s full-year results, which will be announced on May 18.

The parent of Cartier, Van Cleef & Arpels and Dunhill has made a series of internal promotions: Geoffroy Lefebvre, interim chief executive officer of Jaeger-LeCoultre, will leave that brand to become head of Baume & Mercier. Baume & Mercier ceo Alain Zimmermann has been promoted to head of digital marketing for watches.

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