Mr. Karlheinz Baumann, graduated from the Technical University of Munich with a master degree in Physics, also holds an MBA from the Kellogg Graduate School of Management. He started his career as a McKinsey consultant in 1996 before becoming an Executive Director at the German automotive supplier Wilhelm Karmann GmbH in 2003.In 2008, Karlheinz joined the Richemont Group by assuming the position of COO at IWC. Since August 2016, he has joined Richemont as the Group Industry & Services Director, in charge of Research & Innovation, Manufacturing, Customer Services and Supply Chain/Logistics and Security.