Compagnie Financière Richemont Management

Management criteria checks 3/4

Compagnie Financière Richemont's CEO is Jerome Lambert, appointed in Oct 2018, has a tenure of 5.5 years. total yearly compensation is €8.04M, comprised of 24.5% salary and 75.5% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth CHF152.62K. The average tenure of the management team and the board of directors is 4.9 years and 7.1 years respectively.

Key information

Jerome Lambert

Chief executive officer

€8.0m

Total compensation

CEO salary percentage	24.5%
CEO tenure	5.5yrs
CEO ownership	0.0002%
Management average tenure	4.9yrs
Board average tenure	7.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jerome Lambert's remuneration changed compared to Compagnie Financière Richemont's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	€4b
Jun 30 2023	n/a	n/a	€4b
Mar 31 2023	€8m	€2m	€4b
Dec 31 2022	n/a	n/a	€3b
Sep 30 2022	n/a	n/a	€3b
Jun 30 2022	n/a	n/a	€3b
Mar 31 2022	€7m	€2m	€2b
Dec 31 2021	n/a	n/a	€3b
Sep 30 2021	n/a	n/a	€3b
Jun 30 2021	n/a	n/a	€2b
Mar 31 2021	€4m	€1m	€1b
Dec 31 2020	n/a	n/a	€762m
Sep 30 2020	n/a	n/a	€223m
Jun 30 2020	n/a	n/a	€578m
Mar 31 2020	€8m	€2m	€933m
Dec 31 2019	n/a	n/a	€1b
Sep 30 2019	n/a	n/a	€1b
Jun 30 2019	n/a	n/a	€2b
Mar 31 2019	€5m	€2m	€3b
Dec 31 2018	n/a	n/a	€3b
Sep 30 2018	n/a	n/a	€3b
Jun 30 2018	n/a	n/a	€2b
Mar 31 2018	€4m	€1m	€1b

Compensation vs Market: Jerome's total compensation ($USD8.60M) is above average for companies of similar size in the UK market ($USD5.63M).

Compensation vs Earnings: Jerome's compensation has been consistent with company performance over the past year.

CEO

Jerome Lambert (54 yo)

5.5yrs

Tenure

€8,042,027

Compensation

Mr. Jerome Lambert has been the Chief Executive Officer of MontblancSimplo GmbH (also known as Montblanc-Simplo GmbH (formerly known as Montblanc International) GMBH) and Mont Blanc S.A.S. since July 1, 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Johann Rupert	Founder & Executive Chairman	36.3yrs	€3.08m	8.88% € 6.8b
Jerome Lambert	CEO & Executive Director	5.5yrs	€8.04m	0.00020% € 152.6k
Burkhart Grund	CFO & Executive Director	6.7yrs	€13.05m	0.00085% € 648.6k
Karlheinz Baumann	Group Operations Director	less than a year	no data	no data
Eloy Urbain Paul Michotte	Corporate Finance Director	no data	no data	no data
Sophie Cagnard	Head of Investor Relations & Group Corporate Communications Director	no data	no data	no data
Cédric Bossert	Group General Counsel	no data	no data	no data
Patricia Gandji	Chief People Officer & CEO of Regions	4.3yrs	no data	no data
Berangere Ruchat	Chief Sustainability Officer	2.2yrs	no data	no data
Boet Brinkgreve	Chief Executive Officer of Laboratoire de Haute Parfumerie et Beaut	less than a year	no data	no data
Nicolas Bos	Chief Executive Officer of Van Cleef & Arpels	11.3yrs	€4.40m	no data
Cyrille Vigneron	Chief Executive Officer of Cartier	8.3yrs	€5.28m	no data

4.9yrs

Average Tenure

60yo

Average Age

Experienced Management: 0QMU's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Johann Rupert	Founder & Executive Chairman	36.3yrs	€3.08m	8.88% € 6.8b
Jerome Lambert	CEO & Executive Director	6.6yrs	€8.04m	0.00020% € 152.6k
Burkhart Grund	CFO & Executive Director	6.6yrs	€13.05m	0.00085% € 648.6k
Clayton Brendish	Non-Executive Lead Independent Director	6.6yrs	€453.50k	0.00034% € 259.5k
Josua Malherbe	Independent Non-Executive Deputy Chairman	13.6yrs	€334.44k	0.037% € 27.9m
Guillaume Pictet	Independent Non-Executive Director	13.6yrs	€374.11k	0.00094% € 717.3k
Nikesh Arora	Independent Non-Executive Director	6.6yrs	€201.56k	no data
Maria Da Conceicao Das Neves Ramos	Independent Non Executive Director	13.3yrs	€251.87k	0.00024% € 183.1k
Jeffrey Moss	Independent Non-Executive Director	7.6yrs	€251.95k	0.00041% € 312.9k
Jean-Blaise Eckert	Independent Non-Executive Director	10.6yrs	€206.60k	0.000010% € 7.6k
Jasmine Whitbread	Non-Executive Director	2.6yrs	€272.10k	no data
Anton Rupert	Independent Non-Executive Director	6.6yrs	no data	no data

7.1yrs

Average Tenure

60yo

Average Age

Experienced Board: 0QMU's board of directors are considered experienced (7.1 years average tenure).

Compagnie Financière Richemont Management

Management criteria checks 3/4

Key information

Recent management updates

Compagnie Financière Richemont SA Announces Executive Changes

Richemont Appoints Karlheinz Baumann to Senior Executive Committee

Compagnie Financière Richemont SA Appoints Bram Schot as Independent Director

Compagnie Financière Richemont SA, Annual General Meeting, Sep 04, 2024

Compagnie Financière Richemont SA Appoints Bérangère Ruchat to Richemont Senior Executive Committee

Compagnie Financière Richemont SA, Annual General Meeting, Sep 06, 2023

Recent updates

Now 21% undervalued

Compagnie Financière Richemont SA to Report Fiscal Year 2024 Final Results on Jun 13, 2024

Investor sentiment improves as stock rises 15%

Compagnie Financière Richemont SA Announces Executive Changes

New minor risk - Shareholder dilution

Compagnie Financière Richemont SA to Report First Half, 2025 Results on Nov 08, 2024

Richemont Appoints Karlheinz Baumann to Senior Executive Committee

Now 20% undervalued after recent price drop

Upcoming dividend of CHF3.50 per share at 2.9% yield

Compagnie Financière Richemont SA Appoints Bram Schot as Independent Director

Compagnie Financière Richemont SA, Annual General Meeting, Sep 04, 2024

Compagnie Financière Richemont SA Proposes Additional Special Dividend with Respect to Each A Share and B Share, Payable on or About September 22, 2023

Compagnie Financière Richemont SA (SWX:CFR) agreed to acquire unknown minority stake in Gianvito Rossi Srl.

Compagnie Financière Richemont SA to Report Fiscal Year 2023 Final Results on Jun 02, 2023

Full year 2023 earnings released

Compagnie Financière Richemont SA to Report Fiscal Year 2024 Results on May 17, 2024

Compagnie Financière Richemont Sa Proposes Special Dividend

Compagnie Financière Richemont SA Appoints Bérangère Ruchat to Richemont Senior Executive Committee

Compagnie Financière Richemont SA, Annual General Meeting, Sep 06, 2023

First half 2023 earnings released: EPS: €3.72 (vs €2.63 in 1H 2022)

Compagnie Financière Richemont SA to Report First Half, 2024 Results on Nov 10, 2023

Upcoming dividend of CHF3.25 per share

Compagnie Financière Richemont SA Announces Board Resignations

Now 22% undervalued after recent price drop

Compagnie Financière Richemont SA to Report Fiscal Year 2022 Results on Jun 02, 2022

Investor sentiment improved over the past week

Compagnie Financière Richemont SS Proposes Ordinary Dividend

Full year 2022 earnings released

Compagnie Financière Richemont SA to Report Fiscal Year 2023 Results on May 12, 2023

Now 26% undervalued after recent price drop

Now 21% undervalued after recent price drop

Compagnie Financière Richemont SA to Report First Half, 2023 Results on Nov 11, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Compagnie Financière Richemont SA Appoints Bérangère Ruchat as Chief Sustainability Officer

First half 2022 earnings released: EPS €2.18 (vs €0.28 in 1H 2021)

Independent Non-Executive Director Gary Saage has left the company

Independent Non-Executive Director Gary Saage has left the company

Independent Non-Executive Director Gary Saage has left the company

Independent Non-Executive Director Gary Saage has left the company

Independent Non-Executive Director Gary Saage has left the company

Independent Non-Executive Director Gary Saage has left the company

Independent Non-Executive Director Gary Saage has left the company

Independent Non-Executive Director Gary Saage has left the company

Upcoming dividend of CHF2.00 per share

Director Jasmine Whitbread has joined 5th company board

Director Jasmine Whitbread has joined 5th company board

Director Jasmine Whitbread has joined 5th company board

Director Jasmine Whitbread has joined 5th company board

Director Jasmine Whitbread has joined 5th company board

Director Jasmine Whitbread has joined 5th company board

Director Jasmine Whitbread has joined 5th company board

Director Jasmine Whitbread has joined 5th company board

Director Jasmine Whitbread has joined 5th company board

Compagnie Financière Richemont SA (SWX:CFR) acquired Delvaux Createur SA.

Full year 2021 earnings released: EPS €2.30 (vs €1.65 in FY 2020)

Compagnie Financière Richemont SA Proposes Dividend for the Year Ended March 31, 2021

New 90-day high: CHF88.98

Compagnie Financière Richemont SA to Report Fiscal Year 2021 Results on May 21, 2021

New 90-day high: CHF85.88

Compagnie Financière Richemont SA, Annual General Meeting, Sep 08, 2021

New 90-day high: CHF81.02

New 90-day high: CHF79.24

First half 2021 earnings released: EPS €0.28

Richemont Chairman Rejects Sale Speculations

New 90-day high: CHF69.00

Revenue beats expectations

Farfetch, Alibaba Group and Richemont Form Global Partnership to Accelerate the Digitization of the Luxury Industry

New 90-day high - CHF64.10