CFR - Compagnie Financiere Richemont SA Depositary Receipts - Changes To Roles
CFR
CFR
CFR - Compagnie Financiere Richemont SA Depositary Receipts - Changes To Roles
Of Directors Within The Board Of Compagnie Financiere Richemont SA
Compagnie Financiere Richemont SA Depositary Receipts
issued by Richemont Securities AG
(Incorporated in Switzerland)
ISIN: CH0045159024
Depositary Receipt Code: CFR
PRESS RELEASE FOR IMMEDIATE RELEASE
CHANGES TO ROLES OF DIRECTORS WITHIN THE BOARD OF COMPAGNIE FINANCIERE RICHEMONT
SA
Richemont announces the following changes to the board of directors of Compagnie
Financiere Richemont SA.
As previously announced, Mr Norbert Platt will give up his role as Chief
Executive Officer on 31 March 2010. Mr Platt will remain on the board of
Compagnie Financiere Richemont SA as a non-executive director. Mr Johann Rupert,
currently Executive Chairman, will combine that position with the role of Chief
Executive Officer with effect from 1 April 2010. Mr Richard Lepeu, currently
Group Finance Director, will assume the role of Deputy Chief Executive Officer.
Mr Gary Saage will become Chief Financial Officer and Dr Frederick Mostert has
been appointed Chief Counsel of the Group. Both gentlemen will be proposed for
election to the board of Compagnie Financiere Richemont SA at the Annual General
Meeting to be held in September 2010. As previously announced, Mr Josua Malherbe
will also be proposed for election to the board at that meeting.
Mr Alain Dominique Perrin and Dr Franco Cologni have indicated that they will
give up their remaining direct executive roles within the organisation effective
as of 31 March 2010. They will continue to serve as non-executive directors of
Compagnie Financiere Richemont SA. Although allocating more time to their non-
Group interests, both gentlemen will also remain closely involved in
organisations affiliated to Richemont.
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Compagnie Financiere Richemont SA
50, Chemin de la Chenaie 1293 Bellevue - Geneva Switzerland
Telephone +41 (0)22 721 3500 Telefax +41 (0)22 721 3550
www.richemont.com
26 MARCH 2010
Date: 26/03/2010 08:00:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
