Richemont’s fashion and accessories chief executive Marty Wikstrom has stepped down from her role.
Wikstrom has resigned with immediate effect but will continue to serve as a non-executive director on the Swiss luxury group’s board until the shareholders meeting on September 12.
Richemont, which owns brands including Dunhill, Chloe and Cartier as well as luxury etailer Net-A-Porter, appointed Wikstrom to the board in 2005 and in 2009 she became an executive director upon her appointment as chief executive of Richemont fashion and accessories.
There has been no news on a replacement for her role.
In a statement Richmont said: “The board of directors would like to thank Ms Wikstrom for her many contributions to the group, transitioning the fashion and accessories businesses and positioning them for further prosperous growth.”