MONTBLANC announces the new CEO Mr. Jerome Lambert
Mr. Lutz Bethge, currently Chief Executive Officer of Montblanc International, will be appointed as non-executive Chairman and Head of Supervisory Board of Montblanc.
Richemont’s Board of Directors is pleased to announce the appointment of Mr Jérôme Lambert, currently Chief Executive Officer of Jaeger-LeCoultre, as Chief Executive Officer of Montblanc. Mr Lambert will remain a member of the Group Management Committee. Montblanc’s new management organisation will be effective from 1 July 2013.
Mr. Lutz Bethge, currently Chief Executive Officer of Montblanc International, will be appointed as non-executive Chairman and Head of Supervisory Board of Montblanc. In this capacity, Mr Bethge will represent the Maison externally and will be an advisor to the Maison on strategic matters. He will step down from operational business and from the Group Management Committee on 30 June 2013.
On behalf of the Group, Richemont’s Board of Directors would like to thank Mr Bethge for his immense contribution to the development of Montblanc from a traditional writing instrument manufacturer to a strong luxury Maison. During his 23-year tenure in various roles, the Maison has been recognised as a legitimate player in the watch business, providing continued and significant growth. The Board wishes Mr Bethge every success in his new role.
About Montblanc India
Entrack India is the sole distributors to Montblanc products in India. Entrack was incorporated in 1994 with the vision of importing and marketing very high-end luxury goods exclusively for Indian market.
Entrack Group of Companies is the brainchild of Mr. Dilip R. Doshi, a former Test Cricketer of India and now an established businessman based in London. Mr. Dilip R. Doshi has been in this line of business since last 19 years. It was he who pioneered the thought of bringing world class luxury brands into India. We were the first company to obtain an import license from the Government of India for import of luxury products and this was for Montblanc writing instruments in 1994. Entrack has built over 17 Montblanc boutiques in cities such as Mumbai, Delhi, Ahemdabad, Hyderabad etc that have become destination shops.
About Richemont
Richemont owns a portfolio of leading international brands or ‘Maisons’, which are managed independently of one another, recognising their individuality and uniqueness. The businesses operate in four areas: Jewellery Maisons, being Cartier and Van Cleef & Arpels; Specialist watchmakers, being Jaeger-LeCoultre, Piaget, IWC, Baume & Mercier, Vacheron Constantin, Officine Panerai, A. Lange & Söhne and Roger Dubuis, as well as the Ralph Lauren Watch and
Jewelry joint venture; the Montblanc Maison; and Other, being Alfred Dunhill, Chloé, Lancel and Net-a-Porter as well as other smaller Maisons and watch component manufacturing activities for third parties. Richemont ‘A’ shares are listed on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index (‘SMI’) of leading stocks.
