It is with great sadness that luxury group Richemont announced the passing of former vice-president Jean-Paul Aeschimann on June 29, 2022. Richemont Chairman Johann Rupert expressed deep emotion and immense sorrow over the loss of an esteemed colleague. Aeschimann had dedicated 22 years of his career to Richemont, serving as vice-president from 1998 to 2010. Not only did he fulfill the role of vice-president, but he also held other significant positions within the company, including chairman of the audit committee and member of the remuneration and nominations committees.
Chairman Johann Rupert commended Aeschimann for the invaluable contribution he made to the success of Richemont. He recognized Aeschimann’s role as prior deputy chairman and emphasized his involvement in critical committees that helped shape the company’s trajectory. Rupert’s personal grief was evident as he conveyed the loss of a treasured friend. Fondly recalling their discussions about Richemont’s future and various other topics, Rupert admired Aeschimann’s sharpness of mind and sense of humor.
Richemont, a luxury conglomerate operating in various sectors of the industry, boasts a portfolio of prestigious brands including Cartier, Azzedine Alaïa, Van Cleef & Arpels, and Chloé. The company’s financial performance for the 2022 fiscal year was exceptional, with a turnover of €19.181 billion, reflecting an impressive 44% increase compared to the previous year. Additionally, the net profit for the same period amounted to €2 billion, demonstrating a significant growth of 61%.
The passing of Jean-Paul Aeschimann is undeniably a significant loss for both Richemont and the luxury industry as a whole. His extensive experience and contributions played a vital role in shaping the success of the group. As Richemont continues to flourish in the competitive luxury market, Aeschimann’s legacy will be cherished and remembered by those who had the privilege of knowing him.
Useful links:
1. Richemont Press Releases
2. Richemont Investor Relations
