Four Richemont Brand CEOs Said to Depart as Overhaul Widens
- New CEOs at Vacheron, Dunhill, Piaget and Jaeger-LeCoultre
- Dunhill’s new chief said to be Burberry executive Andrew Maag
Richemont plans to expand its management overhaul by naming new chief executive officers of four luxury brands including Alfred Dunhill, according to people familiar with the matter.
Andrew Maag, head of Europe, Middle East, India and Africa at U.K. fashion house Burberry Group Plc, will join as CEO of Dunhill, one of the people said, asking not to be identified as the information isn’t public. Also being replaced are the heads of three watch brands. Jaeger-LeCoultre CEO Daniel Riedo will leave at the end of February for other opportunities, while the chiefs of Piaget and Vacheron Constantin will retire, another person said.