Richemont promoted Nicolas Bos, the chief executive of its fast-growing Van Cleef & Arpels unit, to the role of group CEO in a management shakeup announced Friday. Current CEO Jerome Lambert will return to a chief operating role from June 1, the Swiss luxury group said.
The nomination comes as Richemont reported mixed results for early 2024, with revenues rising 2 percent excluding currency shifts but down slightly on a reported basis. Sales…