2017 has been quite hectic for the Richemont Group. Indeed, we’ve seen the “Big Reshuffle” with 4 CEOs leaving (JLC, Vacheron, Piaget, Dunhill) as well as the appointment of Lambert as Head of Operations and Kern as Head of Watchmaking, Marketing and Digital. Everything was planned until Kern announced its departure for Breitling, which led Lambert to be appointed COO of all the Maisons. The storm isn’t over yet, even if the situation seems easier today. According to Business Montres, there are new CEOs for both Jaeger-LeCoultre and Baume et Mercier.