Richemont had taken a few days ago, according to media, the salary policy of the group to report on conflicts relating to a Review of the area. Sophie Guieysse will resign immediately from the business line, said Richemont on Friday in a brief Communiqué.
you will not be put to the forthcoming annual General meeting for the re-election to the Board of Directors. Guieysse was appointed in the year 2017, the head of Group Human Resources.
dispute over salary increases
not expressed the reasons for the abrupt departure Richemont in the message. The finish comes, however, not surprisingly, finally, Richemont had announced a week ago that a “comprehensive Review” of the Human Resources Department had been initiated.
This Review went media reports advance, in which about disputes within the group was written. Criticized the part of the Executive management granted comprehensive salaries were increases.
On the other hand, according to the online portal “Business Montres & Joaillerie” other senior managers had to accept wage losses of up to 20 percent and the Personal bonus cuts of 25 percent to 50 percent.
special payments to the bosses
According to the end of may, published the annual report has earned Richemont CEO Jérôme Lambert (51) in the last financial year to 8.1 million Swiss francs. This was significantly more than the 5.4 million in the previous year.
Richemont pointed out, however, that Lambert had recently received services from a long-term compensation program. The compensation from the stock option Plan has doubled this to 4.0 million.
Lambert had been compensated with the special payment for the work since 2016, it said in the report on justification. He was the head of the Richemont brands Jaeger-LeCoultre and Montblanc, and took over the group Executive Board in the autumn of 2018. Similar payments, Nicolas Bos (49), for years head of the jewelry brand, Van Cleef & Arpels received. Bos referred to in the last year a salary of 9.2 million Swiss francs to the previous level of 4.9 million.
in All, eight people were in the past year, part of the Executive Committee (Senior Executive Committee), 41.4 million Swiss francs in remuneration paid. A year earlier, the then nine Executive Committee members received “only” 30.5 million. (SDA/buo)
