Richemont, a fundamental reorganisation at the top of the watchmaking industry

Richemont Group, officially known as Compagnie Financière Richemont SA, is embarking on a major transformation of its internal organisation. Under the leadership of CEO Nicolas Bos, the Specialist Watchmakers (SWM) division is being dissolved, leading to strategic reassignments within the group's watchmaking companies. Among these changes, Emmanuel Perrin, currently head of distribution for specialist watchmaking companies, is expected to take over as head of Panerai, replacing Jean-Marc Pontroué, who announced his departure after seven years at the helm of the brand.