Audemars Piguet Crown Ilaria Resta as the Manufacture’s New CEO
After much anticipation, discussion, and predictions, the results are in: Audemars Piguet has named Ilaria Resta as its new CEO. While François-Henry Bennahmias’ successor will join the company as soon as August 2023, bringing almost a three-decade reign to an end, the former CEO will nevertheless remain fully engaged at the horology house until the end of the year to ensure the transition period goes smoothly. Resta will then officially take up her new role from January 1, 2024.
Ilaria Resta has had a long and varied career, holding several impressive positions such as President of Global Perfumery and Ingredients at Firmenich in Geneva. During this time, the international businesswoman played a fundamental role in building up several prestigious brands including the likes of Ariel, Fairy, Herbal Essences and Aussie. As a result, Resta was awarded Brand Builder of the Year in the US by WWD back in 2020. Prior to her time with the company, she also held several senior positions at Procter and Gamble – a multinational consumer goods company.
The search for the CEO of one of the world’s most in-demand luxury watch manufactures was no doubt a massive undertaking. Alessandro Bogliolo, Chairman at Audemars Piguet, commented: “We are delighted to welcome Ms Resta as our new Chief Executive Officer. Ilaria Resta is a visionary leader with a passion for craftsmanship. She will lead Audemars Piguet into the future as we continue to develop our brand, combining tradition with innovation and strengthening our direct connection with our customers.”
Bogliolo continues: “Her proven ability to deliver results through clear strategic thinking based on deep consumer insights will keep AP’s heritage relevant for generations to come and ensure long-term growth. Ilaria’s belief in team empowerment and her achievements as an inspirational leader in corporate sustainability are fully in line with Audemars Piguet’s long-standing values as an independent family business. On behalf of the Board of Directors, we would like to thank François for his three decades of service. His transformational leadership has been instrumental in making AP the success story it is today. We are grateful for his indelible contribution and his commitment to stay on until the end of the year to ensure a smooth transition.”
We at Swisswatches look forward to seeing what the future holds – both for the manufacture’s outgoing leader as well as the promising new captain taking the helm of this very important ship.
If there were a superhero in the watch industry, it would probably be François-Henry Bennahmias, the head of the Swiss watch manufacturer Audemars Piguet. The success he has helped the brand achieve over the past 11 years as CEO is actually impossible to accomplish with normal human strength. Since taking over as CEO of AP…
Independent watchmaker Oris is introducing a new calibre, entirely created in-house – the Oris Calibre 400. Watchmakers at the Swiss horology house based near Basel have created a movement that is highly efficient and highly anti-magnetic. The other big news is that the watches using the movement will only requires 10-year servicing intervals. New Movement,…
Following the cancelling of Baselworld and SIHH, retailers and the media alike will be pleased to learn that Geneva Watch Days is hosting the only Swiss watch fair of 2020 to be attended in person. A number of luxury brands will be attending the event, which will take place in downtown Geneva between August 26…
The Swiss watch brand Tudor is celebrating a milestone in Berlin: in partnership with retailer Wempe, the brand unveiled its first monobrand boutique in the German capital on 25 November 2024. Situated at the exclusive address Kurfürstendamm 26a, the boutique becomes the fourth of its kind in Germany and marks the latest addition to Tudor’s…
This year's ‘Only Watch’ charity-auction has become a double record breaker. Not only that it has in its 8th edition collected almost as much proceeds as in the past 13 years together: Also, the most expensive watch was sold, that ever went on auction. A unique piece from Patek Philippe in steel. Sold for 31…
The La Chaux-de-Fonds-based watch brand Corum is celebrating its 70th birthday this year with a very special surprise. Following a management buy-out, the company is once again 100 per cent under Swiss management. Golden Bridge Serpent from 2024 Corum stands for unusual designs as well as innovative technologies. Examples include the Golden Bridge with a…
The trading of pre-owned watches has exploded in recent years – and this upward trend is still ongoing. In a recent industry report, Deloitte predicts that the annual turnover with pre-owned watches will increase from the current 20 billion Swiss francs to 35 billion Swiss francs by 2030. This means that the market for pre-owned…
The MCH Group, organiser of Baselworld, has responded to the news that leading brands Rolex, sibling Tudor, Chanel, Patek Philippe and Chopard have left the international trade show. The companies made the move in favour of a new fair that is to take place alongside Watches & Wonders in Geneva. Baselworld's organiser was neither aware…
OMEGA has introduced a Certificate of Authenticity for its watches that are over 30 years old. With the introduction, the Swiss watchmaker hopes to achieve more transparency for customers looking to buy a vintage OMEGA timepiece. The cost of the verification is 880€. In order to gain the certificate, any original OMEGA watch can be…
On 2 October 2024, what had long been speculated became reality: LVMH and Formula 1 announced their partnership. In this year, as Formula 1 celebrates its 75th anniversary, the global alliance marks not only the end of an era but also the beginning of a new chapter. This deal also signifies the conclusion of the…
The Grande Maison has strong ties with the film industry and is again supporting filmmaking culture. During the 75th Venice International Film Festival of La Biennale di Venezia, Jaeger-LeCoultre celebrates the 13th anniversary of its partnership with the event, and supports the industry’s talents through individual initiatives. Supporting innovation and tradition in filmmaking for 13…
Following the AP House in Munich and the AP Boutique in Frankfurt, the new AP House in Hamburg is now open to customers just in time for the festive season. The Swiss haute horlogerie manufacture now operates 18 AP Houses worldwide, including cities such as Los Angeles, Bangkok, Barcelona, London, Tokyo and even St Barths.…
Fans of Audemars Piguet can now visit the horology house's brand new museum, the Musée Atelier, in Le Brassus. The museum, following its opening in June 2020, offers a chance to uncover the brand's heritage and craftsmanship, with over 300 watches on display. The Musée Atelier's architecture, designed by BIG (Bjarke Ingels Group), is also…