Georges Kern Exits Richemont, Becomes CEO of Breitling (Updated)sharetweetshareGeorges Kern, Richemont's Head of Watchmaking, Marketing and Digital, anf the husband widely credited with building IWC Schaffhausen into a global success story, today announced his resignation from the Richemont Group, effective immediately, for only 4 months inside the new management position. In accordance with industry sources, Kern will be taking his talents to another aviation-themed Swiss luxury watch brand, Breitling, which was sold to your equity finance firm, CVC Capital Partners, earlier this year. (The Swiss newspaper Le Temps reports that Kern has acquired a stake in Breitling, citing unnamed sources.)Georges KernRichemont released a shorter statement on the resignation towards the press, cheap nixon watches which reads these:"Richemont regrets to announce the resignation with immediate effect of Mr Georges Kern. Mr Kern was Head of Watchmaking, Marketing and Digital. He has stepped below the Senior Executive Committee plus the Group Management Committee and will no longer be meaning election for the Board of Directors of Compagnie Financiere Richemont SA with the forthcoming annual general meeting of shareholders.Commenting on Mr Kern's decision, Mr Johann Rupert, Chairman, said, 'Georges may be offered an interesting probability to become an entrepreneur.  She has a successful career at IWC Schaffhausen so we wish him well .'Richemont's watchmaking, marketing and digital activities will report back to the Senior Executive Committee."UPDATE, 7/18/17: Based on our colleagues at FratelloWatches watches , a state pr release (below) has been issued confirming the appointment of Kern as new Breitling CEO:"Grenchen - 14 July, 2017 - Georges Kern was lately Head of Watchmaking, Marketing and Digital at Richemont in particular supervised the specialist watchmaking Maisons. Prior to that, he was CEO of IWC from 2002 to 2016, repositioning the manufacturer being essentially the most successful and respected Swiss watch Maisons. Georges Kern started his career from the consumer goods industry at Kraft General Foods to relocate in to the watch industry employed by TAG Heuer from 1992-2000. As CEO and in this context shareholder of Breitling, Georges Kern's mission can be to foster the global growth of one of the world's most established watch manufacturers, and concentrate on further developing Breitling's digital and retail footprint, particularly with a look at accelerating boost in the important Asian markets. Theodore Schneider, who sold a majority stake to CVC Capital Partners and transferred to chairmanship of Breitling, daytona rolex price commented: "We are delighted to welcome Georges Kern to Breitling. His extensive knowledge and experience from the luxury watch industry and the creativity will further accelerate Breitling's growth momentum." Jean-Paul Girardin will stay with Breitling as second in command."SaveSaveSavesharetweetshare replica black watches
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