Jewelry maker Swarovski, best known for its crystal products, has appointed David Wielemans as its new chief financial officer (CFO).
Wielemans will take a seat on the Company’s executive committee and work out of Männedorf, Switzerland.
“I am pleased to announce the appointment of this well-rounded and experienced leader. The breadth and depth of his expertise aligns perfectly with Swarovski’s LUXignite strategy and will be a key asset as we continue our luxurization journey toward sustainable, profitable growth,” said Alexis Nasard, the Company’s chief executive officer.
Wielemans replaces Frederik Westring, the Company’s interim CFO, who will leave Swarovski at the end of June to pursue other interests.
“I, and everyone at Swarovski, are deeply grateful for the contributions Frederik Westring brought to the Company over the past six years. He was a key player in shaping our new strategy and in strengthening our results,” continued Nasard.
Prior to joining Swarovski, Wielemans served as co-CFO for EssilorLuxottica and as group CFO for Essilor International.
“I am delighted to join Swarovsk,” said Wielemans. “The combination of an iconic brand, fashion and retail expertise, and a deep manufacturing savoir-faire makes Swarovski unique. I look forward to contributing to the success of LUXignite strategy and to anchoring robust financials together with Alexis and all Swarovski colleagues.
Wielemans appointment will become effective in April 2023, and he will report to Nasard.