Jaeger-LeCoultre Appoints New CEO Daniel Riedo

This month luxury watchmaker Jaeger-LeCoultre announced that Daniel Riedo has taken over the Chief Executive Officer post for the Manufacture Jaeger-LeCoultre. Riedo has been with the Swiss manufacture, which is owned by luxury conglomerate Richemont, since January 2011 as Industrial Director.

Riedo came to Richemont after twelve years with the Rolex Group. The 53-year-old, who studied both corporate management and engineering at the University of Geneva, comes to Jaeger-LeCoultre at a time of change. The manufacturer just marked its 180th anniversary, and has looked to amplify its international presence, including the enlargement of its Place Vendôme flagship store in Paris. The manufacturer also helped Richemont achieve an 18% increase in sales from its specialist watchmakers’ division last year.

Jérôme Lambert, the outgoing CEO of Jaeger-LeCoultre, was moved to Montblanc earlier in the year by the Board of Directors at the Compagnie Financière Richemont SA. The luxury conglomerate also owns Baume & Mercier, Vacheron Constantin, Van Cleef & Arpels, IWC, Lange & Söhne, Officine Panerai, Piaget and Roger Dubuis.

Photo courtesy Jaeger-LeCoultre.

Adrienne Faurote

Haute Time

As a former New Yorker, now a “Miamian,” Adrienne Faurote joined Haute Living in August of 2021. She currently serves as the Haute Media Group Editor-in-Chief, overseeing all editorial platforms within the Haute Media Group while also maintaining her role as Fashion, Jewelry & Watch Director. Prior to her position at Haute Living, Faurote was the Market Editor at Marie Claire Magazine US, amassing over ten years in the industry, becoming an authoritative voice in all things fashion, jewelry, and watches.