Vacheron Constantin announces change of CEO

Vacheron Constantin announced the appointments of Juan Carlos Torres as non-executive President and of Louis Ferla as CEO. Torres joined Vacheron Constantin in 1981 and has been CEO since 2005. He will be stepping down from operational management to take up his new responsibilities as non-executive President on March 31, 2017. Louis Ferla, the current Managing Director Sales & Marketing at Vacheron Constantin, will be taking up his post as CEO on April 1, 2017. Ferla, who began his career in the Richemont group in 2001, has spent 17 years in Asia as well as four years in the Middle East.