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Richemont’s fashion and accessories head resign

Richemont Group, the world’s second largest luxury conglomerate yesterday announced the resignation of Marty Wikstrom, CEO of Richemont Fashion and Accessories, with immediate effect. She will continue to serve as a Non-Executive Director on the board of Richemont until the shareholders meeting on 12 September 2013.

Wikstrom was first appointed to the board in 2005 and served as a Non-Executive Director until 2009. In 2009, she became an Executive Director upon her appointment as CEO of Richemont Fashion and Accessories. In that role, she has overseen the strategic development of six of Richemont’s Maisons, including Alfred Dunhill, Azzedine Alaїa, Chloé and Lancel.

Since 2009, Wikstrom has also served as a member of the Chairman’s Committee and the Group Management Committee. She steps down from those Committees.