Swarovski appoints ex-Luxottica exec as new CFO

David Wielemans has been appointed crystal company Swarovski’s new Chief Financial Officer and member of its Executive Committee, effective 23 April.

Wielemans, who will be based in Männedorf, Switzerland, will report to the company’s CEO Alexis Nasard. He joins Swarvoski from Essilor Luxottica, where he held the position of co-CFO for the Essilor Luxottica Group and CFO for Essilor International.

David Wielemans commented: “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.”

As he steps into his new role, he will be replacing Interim CFO Frederik Westring, who will leave Swarovski at the end of June to pursue other interests. In the meantime, Westring will continue leading special projects.

Nasard, Swarovski’s CFO, commented: “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 luxurisation journey toward sustainable, profitable growth.”

This follows the news that Alexis Nasard was appointed as Swarovski's first CEO to come from outside the Swarovski family in the brand’s 127-year history, which was made effective as of 4 July 2022.