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Big Moves in Luxury: New CEOs Announced for Jaeger-LeCoultre and Vacheron Constantin

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Richemont, the luxury conglomerate behind some of the world’s most prestigious watch brands, has announced major leadership changes at Jaeger-LeCoultre and Vacheron Constantin, with new CEOs taking the helm starting January 1, 2025.

A Familiar Face Returns to Jaeger-LeCoultre

Jérôme Lambert, a Richemont veteran, will step into the role of CEO at Jaeger-LeCoultre. Lambert’s appointment marks a return to a brand he led from 2002 to 2013, where he played a pivotal role in its growth.

After leaving Jaeger-LeCoultre, Lambert served as:

  • CEO of Montblanc, another Richemont-owned brand, until 2017.
  • Richemont’s Chief Operating Officer (COO) in 2017.
  • CEO of Richemont in 2018, a position he held until earlier this year when he returned to his COO role.

Lambert will continue to serve as COO while overseeing Jaeger-LeCoultre, reflecting his deep experience and trust within the Richemont leadership team.

New Leadership at Vacheron Constantin

At Vacheron Constantin, Laurent Perves has been appointed CEO, succeeding Louis Ferla, who recently became CEO of Cartier. Perves joined Vacheron Constantin in 2016 as Chief Marketing Officer and rose to Chief Commercial Officer in 2021.

Perves brings a wealth of experience from his previous roles, including:

  • Head of Brand Communication at Audemars Piguet.
  • Roles at LVMH’s perfume and cosmetics division.
  • A tenure at Procter & Gamble.

Perves is expected to continue Vacheron’s legacy of blending tradition with innovation, steering the brand into its next chapter.

Strategic Leadership Moves

These leadership changes are part of Richemont’s ongoing strategy to optimize its portfolio of luxury brands. With Lambert’s proven track record and Perves’ extensive marketing expertise, Jaeger-LeCoultre and Vacheron Constantin are poised for continued growth and success in the competitive world of haute horlogerie.

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