LONDON — Compagnie Financière Richemont SA has lost its first chief technology officer after just a few months.
The parent of brands including Cartier, Van Cleef & Arpels and IWC said on Thursday that Jean-Jacques Van Oosten has relinquished his responsibilities as chief technology officer for personal reasons, and has stepped down from the senior executive committee with effect from May 2.
“We respect (his) decision to pursue his career outside the group and wish him every success in his future endeavors,” Richemont said.
It was a short stint: Richemont only announced Van Oosten’s arrival last September, and he joined the senior executive committee on Jan. 1. In the meantime, however, there have been big changes at Richemont, with the company in the process of buying the shares in Yoox Net-a-porter Group that it does not already own.
Richemont had created the role of chief technology officer in a quest to adopt a more digitally minded approach. Van Oosten has a 21-year background primarily in the retail and digital sectors. Before joining Richemont, he served as group chief digital officer and chief executive officer of Rewe Digital, a division of the German retail and tourism group.
Previously, he had held chief information officer positions at Travis Perkins Group, Tesco, Kingfisher, EDS and Unilever. Through his consulting company, van Oosten has advised retailers on their multichannel strategy, roadmap and transformation programs.
He graduated from the London Business School and holds a Ph.D. in molecular genetics.
Richemont will report its annual results on May 18.