On 8 May, Richemont announced a series of changes to its Board of Directors and management. Lutz Bethge will step down from the general management of Montblanc to become Chairman of the Board of Directors of that subsidiary. He will be replaced at the head of Montblanc executive by Jérôme Lambert, currently managing Jaeger-LeCoultre. Daniel Riedo will move from industrial management to general management at Jaeger-LeCoultre. These changes will be effective from 1st July 2013.
May 29, 2013