Luxury conglomerate Richemont has recently announced two significant executive appointments that demonstrate the company’s commitment to sustainability and long-term growth. Bérangère Ruchat, who has been serving as the Chief Sustainability Officer (CSO) for the past year, has been promoted to the group’s Senior Executive Committee. Additionally, Bram Schot has been elected as a non-executive director to the board.
Ruchat, who will continue to report to CFO Burkhart Grund, brings over twenty years of expertise in sustainability and collaboration across various sectors. Before joining Richemont, she served as the CSO at Firmenich and has extensive experience working with businesses, governments, and NGOs. Her work in advancing the United Nations Sustainable Development Goals (UN SDGs) earned her recognition from the WBCSD’s Leading Women Awards in 2016. According to Richemont Chairman Johann Rupert, Ruchat’s contribution to the company includes strengthening its sustainability strategy, enhancing its understanding of sustainability and ESG reporting, and compliance matters.
On the other hand, Bram Schot’s appointment as a non-executive director adds significant experience from the premium automotive industry to Richemont’s leadership team. With more than three decades of experience, including CEO roles at companies like DaimlerChrysler, Mercedes-Benz, Volkswagen Group, and Audi in different countries, Schot brings a wealth of knowledge to the board. He also serves as a non-executive at Shell and acts as a senior advisor to several companies. Rupert praised Schot’s expertise in client-centricity, technology, sustainability, innovation, and risk management, emphasizing that it will help Richemont achieve its long-term growth goals. Schot’s understanding of sustainability as a means of transforming business models and his familiarity with complex supply chains resonate with Richemont’s values.
By appointing Ruchat and Schot to prominent positions, Richemont aims to solidify its commitment to sustainability and position itself for success in the ever-evolving luxury industry. These executive appointments reflect the company’s focus on long-term, responsible, and sustainable growth.
Useful links:
– Richemont’s Vision and Strategy
– World Business Council for Sustainable Development
