LONDON — Frederick Mostert, chief legal counsel at Compagnie Financière Richemont SA and a longtime crusader for the company’s intellectual property rights, will resign from the board of directors and the group management committee, on Dec. 31 in anticipation of his retirement in 2015.
Mostert joined Richemont in 1990 and was appointed to its group management committee in 1994. He has served as a member of the board of directors since 2010. After retiring next year, he will continue to work as a consultant for Richemont in intellectual property matters.
Richemont’s chairman Johann Rupert said Mostert had told him of his desire to “extend his teaching commitments as a law professor and specialize in copyright and intellectual property rights more generally.”
Rupert added that Richemont “will be able to continue to benefit on an advisory and consultancy basis from Dr. Mostert’s internationally acknowledged expertise in intellectual property law.”
Most recently, Mostert was the driving force behind a decision by a U.K. court to force Internet service providers such as BT, B Sky B, Everything Everywhere, Talk Talk and Virgin Media, to block access to rogue Web sites selling fake Cartier, Montblanc and IWC products.
The judgment was the first of its kind in the U.K., and means that all luxury labels will now be able to obtain court orders that compel ISPs to block Web sites selling fake goods.