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Several major jewellery and watch brands have recently announced leadership changes. That trend has continued this week with Ricardo Guadalupe's departure as Hublot's CEO. | Source: Hublot
Several major jewellery and watch brands have recently announced leadership changes. That trend has continued this week with Ricardo Guadalupe's departure as Hublot's CEO. | Source: Hublot

Management reshuffle continues at major luxury brands

Several major jewellery and watch brands have recently announced leadership changes. That trend has continued this week with Ricardo Guadalupe's departure as Hublot's CEO.

Louis Vuitton Moët Hennessy (LVMH) has confirmed that Julien Tornare of TAG Heuer will replace Guadalupe after 22 years leading the brand.

Antoine Pin, general manager of Bulgari, will succeed Tornare as CEO of TAG Heuer.

LVMH watches division CEO Frédéric Arnault said Guadalupe had achieved tremendous success with ‘outside-the-box’ thinking.

“Hublot is one of the few watchmaking manufacturers that emerged and achieved such success in the 21st century by breaking design codes, communication barriers, and exploring new frontiers in watchmaking,” Arnault said.

“Indeed, for eight years as managing director followed by 12 years as CEO, Ricardo truly embodied Hublot and its development, particularly through his product vision, deep industry knowledge, and relationships with all business and industrial partners.”

Tornare, who previously served as CEO of TAG Heuer and Zenith, will take over at Hublot on 1 September.

The reshuffle follows Arnault’s nomination as CEO of LVMH’s watch division in January.

Richemont recently appointed Louis Ferla CEO of Cartier, while Catherine Rénier was named as leader of Van Cleef & Arpels, succeeding Nicolas Bos, Richemont’s new CEO.

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