Richemont mourns as former deputy chairman of 22 years passes away

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Richemont mourns as former deputy chairman of 22 years passes away

Richemont has announced the death of the company’s former deputy chairman, Jean-Paul Aeschimann.

Aeschimann served as Richemont’s deputy chairman for 22 years, from its foundation in 1988 until 2010.

During his tenure, he was also chairman of the audit committee and a member of the Compensation Committee and the Nominations Committee.

Paying tribute to Aeschimann, Johann Rupert, current chairman of the company, said: “It is with profound emotion and immense sadness that I learnt of the passing of Jean-Paul Aeschimann, a highly respected and valued colleague, who was a member of Richemont’s founding team.

“Over 22 years, Richemont benefited enormously from Jean-Paul’s astute comments and insightful advice.

“We should all be truly deeply grateful for Jean-Paul’s incommensurable contribution to the group’s success, as prior deputy chairman but also chairman of the audit committee and member of the compensation and nominations committees.

“Today, I have also lost an esteemed friend. I will remember with the greatest fondness the incisiveness and humour he brought to our many discussions over the future of Richemont and much else besides.

“On behalf of all of the board members and colleagues at Richemont, I would like to extend our sincerest condolences to Jean-Paul’s family and friends.”

There was no confirmation of his cause of death.

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