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(Bloomberg) -- Swiss luxury-goods maker Richemont said its head of watchmaking is leaving the company for another career opportunity less than a year after he was named in that position.
Georges Kern resigned with immediate effect, the Geneva-based company said in a statement Friday. Richemont didn’t name a replacement, and the departments he was responsible for, which also include digital and marketing, will report directly to the senior executive committee.
Richemont began its biggest management overhaul in years in November, when it named Kern to his position and eliminated the company-wide chief executive officer position.
Kern, born in 1965, stepped down from the senior executive committee and group management committee and will no longer be standing for election to the board of directors at the annual general meeting in September, Richemont said. Previously he ran the company’s IWC Schaffhausen brand for more than a decade.
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