REG - Watches of Switzlnd. - Directorate Change

Watches of SwitzerlandAnnouncement

11/04/2022 07:00

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RNS Number : 8741H  Watches of Switzerland Group PLC  11 April 2022

 

Watches of Switzerland Group PLC

 

Appointment of Non-Executive Director to the Board

and senior management team appointments

 

The Watches of Switzerland Group PLC (the "Group" or the "Company") is pleased
to announce the appointment of Chabi Nouri to the Board as an independent
Non-Executive Director and a member of the Company's ESG Committee with effect
from 1 May 2022.

Chabi has over 20 years' experience in leading luxury goods companies.
Previously President and Chief Executive Officer of Swiss luxury watch and
jeweller, Piaget, she has held various senior roles in the luxury sector
spanning management, retail operations and marketing, including Global Head of
Jewellery, and Head of Retail Operations at Cartier.  After seven years with
Piaget, Chabi took on a strategic advisory role with the Richemont Group,
reporting to its CEO and is currently a Private Equity Partner of Mirabaud
and Co-fund manager of the Mirabaud Lifestyle franchise.

The Group is also pleased to announce the following appointments as part of
its senior management team: Craig Bolton, currently Executive Director, UK,
has been appointed President, Watches of Switzerland Group, UK and Europe.
 David Hurley, currently the Executive Vice President, US, has been appointed
President, Watches of Switzerland Group, North America.  In addition, David
has been appointed as Deputy CEO of the Group, reflecting the importance of
the US market to the growth plans of the Group.

 

Ian Carter, Chairman, said: "On behalf of the Board, I would like to welcome
Chabi to the Company. Chabi joins us with a wealth of experience and relevant
expertise, and we look forward to working with her."

 

Brian Duffy, Chief Executive Officer, said: "Chabi has outstanding luxury
retail experience, particularly in the watch and jewellery sector, and we are
delighted to welcome someone of her pedigree and expertise to the Board. I am
certain we will benefit greatly from her knowledge and perspective.

 

"I would like to congratulate David and Craig on their respective
appointments. Our management structure continues to develop in response to and
in anticipation of our business development.  I look forward to working with
them as we continue to execute our Long Range Plan."

 

 

The Group confirms that there is no further information to be disclosed under
the requirements of Listing Rule 9.6.13R.

 

 

Contacts

The Watches of Switzerland Group

Bill Floydd, Chief Financial
Officer
              +44 (0) 207 317 4600

investor.relations@thewosgroup.com (mailto:investor.relations@thewosgroup.com)
 

 

Headland

Lucy Legh / Rob Walker / Joanna Clark
 
          +44 (0) 20 3805 4822

wos@headlandconsultancy.com (mailto:wos@headlandconsultancy.com)

 
 
About the Watches of Switzerland Group

The Watches of Switzerland Group is the UK's largest luxury watch retailer,
operating in both the UK and US, comprising five prestigious brands; Watches
of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors
(US) and Betteridge (US), with a complementary jewellery offering.

 

As at 30 January 2022, the Watches of Switzerland Group has 171 stores across
the UK and US including 51 dedicated mono-brand boutiques in partnership with
Rolex, TAG Heuer, Breitling, OMEGA, Tudor, Audemars Piguet, Grand Seiko,
Bvlgari and FOPE and has a leading presence in Heathrow Airport with
representation in Terminals 2, 3, 4 and 5 as well as seven retail websites.

 

The Watches of Switzerland Group is proud to be the UK's largest retailer for
Rolex, Cartier, OMEGA, TAG Heuer and Breitling watches.

 

Mappin & Webb holds Royal warrants as goldsmiths, silversmiths and
jeweller to Her Majesty The Queen and silversmiths to His Royal Highness The
Prince of Wales. The Mappin & Webb master jeweller has been Crown
Jeweller, custodian of the Crown Jewels of Her Majesty The Queen since 2012.

 

 

https://www.thewosgroupplc.com (https://www.thewosgroupplc.com)

 

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