Luxury conglomerate Richemont is deeply saddened to announce the passing of former vice-president Jean-Paul Aeschimann on Wednesday, June 29, 2022, as shared by Richemont’s chairman, Johann Rupert.
Aeschimann held the esteemed position of vice-president at Richemont for an impressive span of 22 years, from 1998 to 2010. During his tenure, he also served as chairman of the company’s vital audit committee and was a valued member of both the remuneration and nominations committees.
Chairman Johann Rupert paid heartfelt tribute to Aeschimann’s immeasurable contributions to the group’s resounding success, highlighting his role as the former deputy chairman, audit committee chairman, and a committee member. Rupert expressed deep gratitude for Aeschimann’s profound impact on Richemont and reminisced about their meaningful discussions that spanned the future of the company and beyond.
Richemont is a renowned leader in the luxury industry, boasting a portfolio that includes iconic brands like Cartier, Azzedine Alaïa, Van Cleef & Arpels, and Chloé. In the 2022 financial year, the company reported remarkable financial results, with a turnover of €19.181 billion, marking a remarkable 44% increase year-on-year. Additionally, Richemont achieved a net profit totaling €2 billion, reflecting an impressive 61% increase.
The loss of Jean-Paul Aeschimann is not only a significant moment for Richemont but also a poignant farewell to a dear friend and influential figure in the world of luxury and business. His legacy will continue to resonate within the company and the industry as a whole.