Richemont: An appointment to the Management Committee


(CercleFinance.com) – Richemont announces the appointment of Karlheinz Baumann to the Management Committee.

Karlheinz Baumann will join the Group Executive Committee as Group Operations Director, responsible for Manufacturing, Research and Innovation, Customer Service, Logistics and Supply Chain, Indirect Purchasing, Responsible Sourcing and Safety.

Karlheinz Baumann has 27 years of experience, mainly in production, R&D and in the supply chain in the luxury and automotive sectors.

In 2016, Mr. Baumann was appointed to the position of Group Director of Industry and Services, then in 2023 to the position of Group Operations Director.

Johann Rupert, Chairman of the Board of Directors, said: ‘During his 15 years at Richemont, Mr. Karlheinz successfully transformed operations, first at IWC Schaffhausen and then throughout the organization. as Group Operations Director, drawing on his extensive expertise gained as a former senior executive in the automotive industry and at McKinsey’.

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