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