LONDON — Stanislas de Quercize, chief executive officer of Cartier, has stepped down from his post, and will be replaced by Cyrille Vigneron, who is currently the president of LVMH Moët Hennessy Louis Vuitton Japan.
Cartier’s parent, Compagnie Financière Richemont, said de Quercize had requested to leave his current position and the group management committee “for personal reasons.”
The change is effective immediately. De Quercize will remain as a group executive, taking over the role of chairman of Richemont France.
Prior to joining LVMH, Vigneron worked with Richemont from 1988 to 2013. He worked principally with Cartier, rising to become managing director of Cartier Japan, president of Richemont Japan, and then managing director of Cartier Europe.
Vigneron will take up his new position on Jan. 1, 2016.
Vigneron will become a member of the group management committee and will be nominated for election to the board of directors in September 2016.
Chairman of Richemont Johann Rupert said de Quercize “has had a superb career to date, having worked with Cartier, Montblanc and Alfred Dunhill prior to taking up positions as chief executive officer of Van Cleef & Arpels and Cartier.”
Rupert said the company “deeply” regretted de Quercize’s decision to step down.
Rupert added that Vigneron is an “old colleague and a highly capable and effective leader. We welcome him back to Cartier.”