LONDON — Jan Rupert is stepping down as group manufacturing director of Compagnie Financiere Richemont SA, parent of brands including Cartier, Van Cleef & Arpels, IWC and Dunhill.
Richard Lepeu, Richemont’s deputy chief executive, will oversee the group’s manufacturing strategy as of April 1, when Rupert steps down, the company said in a statement Friday.
Rupert, who is a cousin of Richemont’s executive chairman and chief executive officer Johann Rupert, will remain an executive director of the group.
Richemont said Jan Rupert will stand for reelection to the board at the company’s annual general meeting in September. He joined Richemont in 1999 as group manufacturing director, and oversaw the group’s watch manufacturing strategy.
A company spokesman said Jan Rupert was leaving to focus on other activities, and to broaden his remit within the family of companies controlled by Johann Rupert.