2Posted by Robert-Jan Broer on Dec 20, 2008
As Jake reports on his Rolex Blogspot, Bruno Meier will become the new CEO of Rolex. Bruno Meier is also on the board of directors for the Swiss Bank Z?É¬ºrcher Kantonalbank (ZKB), I assume he doesn’t combine these tasks
At ZKB, Bruno Meier was head of the Risk Management Unit. That’s at least a bit of comfort when a banker becomes CEO of the watch company…
As Thomas Mulier of Bloomberg wrote:
“Dec. 19 (Bloomberg) — Rolex Group, the Swiss watchmaker, named Finance Director Bruno Meier as head of management after Chief Executive Officer Patrick Heiniger resigned, ending almost half a century of leadership under the Heiniger family.
Meier will be responsible for running the company along with the board of directors and management, Geneva-based Rolex said in an e-mailed statement today. This year will have been a ?¢Ç¨?ìrecord?¢Ç¨¬ù under Heiniger?¢Ç¨Ñ¢s leadership, the watchmaker added.
One of Meier?¢Ç¨Ñ¢s first tasks will be to protect Rolex?¢Ç¨Ñ¢s market share as the wealthy cut spending on luxury goods. ”
Click here for the full report on Bloomberg.com.