Richemont Appoints Anton Rupert as Non Executive Co Deputy Chair
2 sources across 2 countries · South Africa · United Kingdom
Who reported this
- Business Day
- Financial Times
What the colours mean
- Left
- Centre-left
- Centre
- Centre-right
- Right
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Richemont has appointed Anton Rupert, the son of chair Johann Rupert, as non executive co deputy chair. The appointment is effective immediately and is described by the company as an important step in the board's long term succession planning. Anton Rupert will serve alongside Bram Schot, who was appointed non executive deputy chair in 2024 and will now also hold the title of non executive co deputy chair.
The two co deputy chairs will have complementary remits. Anton Rupert will oversee the strategic product and communications committee to ensure continuity in creative and commercial direction. Bram Schot will be responsible for board and committee related governance matters, including the corporate governance framework. Johann Rupert stated that the arrangement ensures that both the creative priorities of the Maisons and the group's governance standards receive dedicated attention.
Richemont, which owns brands such as Cartier, Van Cleef and Arpels, and Montblanc, recently reported strong first quarter results for its 2027 financial year. Sales rose 20 percent at constant exchange rates to 6.3 billion euros for the three months ending in June, with the jewellery division seeing a 24 percent increase in sales.
How each side framed it
- Centre
- The center leaning source framed the move as the owner of Cartier stepping up succession planning for the next generation of family leadership.
- Centre-right
- The center right leaning source focused on the specific division of governance and strategic responsibilities between the two co deputy chairs.
Sources
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