How much does the CEO of Cartier make?

How much does the CEO of Cartier make?

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In 1973, a group of investors led by Robert Hocq, and including Anton Rupert, the patriarch of the billionaire Rupert family (and father of Johann, the group’s founder), acquired the U.S. branch of Cartier. Rupert licensed the Cartier trademark for use on cigarettes (at the time Rupert was the owner of the British tobacco company Rothmans, which at the time was one of the world’s largest cigar manufacturers).

By obtaining this license, Rothmans cigarettes began to bear the Cartier logo, which, thanks to the prestige of the French house, made each cigarette worth a penny more, thus generating record profits in Rothmans sales.

In 1988, as a way to protect all his assets abroad, Johann Rupert founded Richemont, incorporating Cartier into this conglomerate. Today, Cartier is a brand worth $12 billion, and during 2020 and so far in 2021, Cartier has remained strong despite the crisis, thanks to Asian market consumption and online sales.

Lilia Paredes, Pedro Castillo’s wife, leaves the field to work in the textile industry.

However, to really know the working conditions of these employees, it is necessary to consult the collective agreement for the textile trade in each autonomous community. In this case, the example of the Madrid agreement is used.

The salary table in this document divides workers into 8 different groups, depending on the professional category they occupy. The lowest category has a monthly salary of 915 euros net per month, and the highest category receives 1,143 euros net per month.

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In the early 20th century, King Edward VII of England referred to Cartier as “the king of jewelers and the jeweler of kings,” making Cartier the most expensive jeweler in the world at the time. His statement was certainly true at the time. The refined elegance and innovation displayed in every piece produced by Cartier since then, however, has ensured that it was not only a timely statement of fact, but also a prophecy.

Founded in 1847 by a master jeweler by the name of Louis-Francois Cartier, the brand quickly gained a reputation for its ability to create extravagance. Louis-Francois’ son, Alfred Cartier, took over in 1874 and changed the brand to new forms and styles of watchmaking, including the fashionable wristwatch, but it would be his sons, Pierre, Louis and Jacques, who would build the watch. brand as we know it today.

Pierre opened stores in London and New York, quickly expanding the clientele to Hollywood and among financiers, Broadway stars and industrialists. Meanwhile, Jacques took over Cartier’s London operation and in 1909 moved to its current British headquarters on New Bond Street.

AUTOMATIC WATCH REPAIR | PART 1

The same figure had already been previously reported to the National Securities Commission, by means of a note dated March 31, 2015, signed by Diego Celaá, Head of Market Relations. The letter states that “according to the Financial Statements as of December 31, 2014” the “allocations to the Directors affected to the Statement of Income” total $ 119.16 million.

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Miguel Galuccio, from Entre Ríos, is the Chairman of the Board of Directors and in a second step, as a Director, is the Minister of Economy Axel Kicillof, who, when announcing the reduction in income tax, dared to slip a suggestive phrase: “those of us who earn less than 100 thousand pesos, like the bulk of Argentines…”.

How much does the CEO of Cartier make?
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