All Press Releases for June 30, 2008

Alain Dominique Perrin, Executive Director of the Compagnie Financière Richemont and former President of the Richemont Group, named as the new EFMD President

On 8th of June the EFMD Board of Trustees unanimously approved the appointment of Mr Alain Dominique Perrin to the position of EFMD President. Mr Perrin will take over the role from Mr Ray van Schaik, the former Chairman of Heineken, who remains Honorary President.

    /24-7PressRelease/ - Brussels, Belgium, June 30, 2008 - Alain Dominique Perrin said, "EFMD is a European organisation of which the mission is to develop and promote Management Education. It is one of the principal organisations in the world and is a leading figure in the drive for quality standards in higher management education through such renowned accreditation processes as EQUIS and EPAS for Business Schools and CLIP for companies. Very honoured by this nomination, I intend to pursue the mission of Ray van Schaik, to whom I render homage as well as to the rest of the staff, in particularly for his contribution to the development of the EFMD network since more than ten years. Asia, and especially China, should be one of our biggest endeavours in the future. Wherever it is possible, I will also strive to increase our effort in bridging the gap between the educational and corporate worlds which I know very well".

Prof. Eric Cornuel the Director General & CEO of EFMD said, "Alain is a leading figure in the international business community and we are delighted that he has accepted to work more closely with EFMD. His experience and knowledge will be a great benefit to EFMD as the network becomes more and more globally based."

About EFMD

EFMD is an international membership organization, based in Brussels, Belgium. With close to than 700 member organizations from academia, business, public service and consultancy in 75 countries, EFMD provides a unique forum for information, research, networking and debate on innovation and best practice in management development. EFMD is recognized globally as an accreditation body of quality in management education and has established accreditation services for business schools and business school programmes, corporate universities and e-learning programmes.

About Alain Dominique Perrin
Alain Dominique Perrin, 65 years of age, is an emblematic figure in the world of luxury, notably the man responsible for the renaissance and international development of Cartier. He is also distinguished in his battle against counterfeiting, of which he was a pioneer. Former President of Cartier, he was then named CEO of the full Richemont Group, which groups together 18 luxury brands. Since October 2003, he has been Executive Director of Compagnie Financière Richemont. He is also President of the Cartier Foundation for Contemporary Art, which he created, and President of the Public Establishment of the Jeu de Paume (Paris), dedicated to art and photography. He is a member of the International Board of the Tate Gallery (London). He is President of the EDC Business School (Ecole des Dirigeants et Cr ateurs d'Entreprise (Paris). Father of 5 children, Alain Dominique Perrin is an Officer of the L gion d'Honneur, Commander of the National Order of Merit, Commander of Arts and Letters and Officer of Agricultural Merit.

About Richemont
The Richemont Group is the 2nd largest luxury goods group in the world with Cartier, Van Cleef and Arpels, Vacheron Constantin, Jaeger Le Coultre, Lange and Söhne, Baume et Mercier, Montblanc, Piaget, Officine Panerai, IWC, Roger Dubuis, Dunhill, Montegrappa, Chlo , Purdey, Shanghaî Tang, Azzedine Alaïa et Lancel.

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