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.