Compagnie Financière Richemont SA announced the following appointments to its Senior Executive Committee (SEC), effective 6 September 2023. Swen Grundmann will join the SEC in his new capacity as Director of Corporate Affairs in addition to maintaining his role as Group Company Secretary. Swen Grundmann will continue to report to Johann Rupert, Chairman of Compagnie Financière Richemont SA (Richemont).

Swen Grundmann brings 27 years of experience to the role, primarily in the legal and corporate governance fields. He started his career at Richemont in 1996 as legal counsel and was appointed Group Company Secretary in 2017. Over the years, Mr. Grundmann has been responsible for the corporate law affairs of the Group and its subsidiaries and been involved in various merger and acquisition projects.

He was, until February of this year, also the General Counsel and Company Secretary of Reinet Investments SCA and Reinet Fund S.C.A., which he joined in 2009. This September, Mr. Grundmann's responsibilities were expanded to incorporate Corporate Affairs. A Dutch national, Swen Grundmann holds a law degree from the Faculty of Law from the University of Amsterdam (1994).

Boet Brinkgreve was appointed to the newly created role of CEO of Laboratoire de Haute Parfumerie et Beauté on 1 September 2023. He reports to Johann Rupert, Chairman of Compagnie Financière Richemont SA (Richemont). Mr. Brinkgreve's thirty-year career has been primarily in the chemicals, fragrances and flavour industries spanning the US, China and Europe.

He joins Richemont from dsm - firmenich where he held a number of senior executive positions from 2007 till 2023, his latest role being President of ngredients division & Group Procurement and a member of the dsm - firmenich's Executive Committee. Prior to dsm -firmenich, Boet worked for DuPont in business development roles from 2003 till 2007, and beforehand as an entrepreneur founded several start-ups. A Dutch-born Swiss national, Boet Brinkgreve graduated from the University of Eindhoven/HTS Den Bosch, Netherlands, in Mechanical Engineering (1993) and holds a Masters' degree in Business Administration from Insead, France (2012).