Thursday, May 24, 2012

Piguet CEO Out

The CEO carousel keeps going.
Audemars Piguet said Thursday morning that “due to differences in company strategy,” chief executive officer Philippe Merk is leaving the company.

The high-end Swiss watchmaker appointed Merk ceo in 2009. Until his replacement is found, AP's board of directors has nominated François-Henry Bennahmias as GM.

Bennahmias, 48, began his career at Audemars Piguet in 1996 and from 1997 he was assistant marketing and sales manager for Asia-Pacific and Europe.

In 1999, he was promoted to president and ceo of Audemars Piguet’s North America business.



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