Johann Rupert, chairman of Richemont, said: “I would like to thank Federico for his relentless passion, his energy and his drive in shaping the largest player in luxury selective distribution. He has crafted and delivered the vision that has prevailed since 2000 and has inspired so many. I wish Federico all the best for his future career. And I am happy to introduce Geoffroy, who has been driving the expansion of Richemont's e-Commerce for the past two years after several other executive positions within the froup.”
Marchetti said: "As part of the succession plan communicated at the beginning of 2020, I am delighted to be handing the baton to Geoffroy Lefebvre. We have worked together over recent times and he fully masters our business model. In our 20th anniversary year, it is a fitting moment to kick-start the hand over and I look forward to working with him as chairman during the transition period.”
The luxury retailer has some 4.3 million high-spending active customers in 180 countries.
