Juan-Carlos Torres is new Vacheron Constantin CEO

Juan-Carlos Torres as its new chief executive officer of luxury watch brand Vacheron Constantin. He replaces his boss Claude-Daniel Proellochs, who is retiring. The announcement was made Sept. 19 by the Richemont Group, which has owned Vacheron Constantin since 1996.

Torres, who is Swiss, has been with Vacheron Constantin since 1981. Starting in accounting, he rose to become finance director (1987), finance and manufacturing director (2000) and deputy chief executive (2002) to Proellochs.

In the past 17 years, Proellochs “has steered Vacheron Constantin to a pre-eminent position in the haute horlogerie market,” said Norbert Platt, Richemont Group CEO, said in a company statement. That’s shown by “the success enjoyed by the brand during this, its 250th anniversary year.

“He has been a passionate advocate [for it] and, most importantly, has protected and enhanced the proud Vacheron Constantin heritage,” said Platt.

In addition to Vacheron Constantin, Richemont Group’s portfolio of luxury watch and jewelry brands include Cartier, Van Cleef & Arpels, Piaget, Jaeger-LeCoultre, Alfred Dunhill, Montblanc, Lancel, Jaeger-leCoultre, Piaget, Baume & Mercier, IWC, A. Lange & Sohne and Officine Panerai.