Swiss watchmaker Audemars Piguet has announced the appointment of Alessandro Bogliolo as its new director. The Italian executive is set to take over the role of chairman of the board of directors on November 11th, succeeding incumbent chairwoman Jasmine Audemars.
New era of growth
Jasmine Audemars, a great-granddaughter of the company’s co-founder Jules Louis Audemars and one of the few female leaders in the industry, announced her intention to step down from the role after 30 years. She took over from her father Jacques-Louis Audemars in 1992. Despite stepping down from her position as chairwoman, Jasmine Audemars will retain her role as chairwoman of the Audemars Piguet Foundation, which supports global forest conservation.
Alessandro Bogliolo, a veteran luxury industry executive, brings a wealth of experience to Audemars Piguet. New York-based Bogliolo, 57, served as CEO and executive board member of Tiffany & Co. from 2017 to 2021, when he stepped down following LVMH Moët Hennessy Louis Vuitton’s $15.8 billion acquisition of the American jeweler.
Prior to this, he served as CEO of Italian fashion label Diesel and held management positions at Roman jeweler Bulgari for 16 years. Bogliolo started his career as a consultant at Bain & Co. and is currently a board director of Bath & Body Works.
Bogliolo’s appointment follows the announcement by Audemars CEO François-Henry Bennahmias that he would be stepping down from his position in 2023. Bennahmias’ replacement has not yet been named.
Wealth of experience
With Bogliolo’s extensive experience in the luxury industry, Audemars Piguet is poised for growth and success. His background in leadership and strategic management positions at some of the world’s leading luxury brands will be invaluable to the company. As a seasoned executive, Bogliolo has demonstrated a track record of success and a deep understanding of the luxury market. He is well-equipped to lead Audemars Piguet into the future and ensure its continued growth and success.
Bogliolo’s appointment also marks a new era for Audemars Piguet, as the company seeks to further expand its global presence and reach new audiences. Under Bogliolo’s leadership, the company is expected to continue to innovate and modernize its offerings, while remaining true to its roots as a family-owned Swiss watchmaker.
In a statement, Bogliolo said, “I am honored to join Audemars Piguet, a company with a rich heritage and a long history of innovation in the watchmaking industry. I look forward to working with the team to continue to build upon the company’s legacy and drive growth in the years to come.”
Audemars Piguet is known for its exceptional craftsmanship and commitment to innovation in the watchmaking industry. The company has been at the forefront of watchmaking for over 140 years and has produced some of the world’s most iconic timepieces. Its reputation for quality and innovation has made it one of the leading names in the luxury watch industry.
Bogliolo’s appointment is a significant step for Audemars Piguet as it seeks to continue its legacy of innovation and quality.
With his deep understanding of the luxury industry and a proven track record of success, Bogliolo is the ideal candidate to lead Audemars Piguet into the future. The company is poised for continued growth and success under his leadership.