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Organisational Changes at the Watches of Switzerland Group

The Watches of Switzerland Group announced today that their Chief Operating Officer, Tony Broderick has decided to retire from the Company after more than 40 years of dedicated service to the Group.

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Tony Broderick joined Goldsmiths in 1979 as a Supervisor in the Warehouse and over the following decades moved to retail management, from stores to Regional, to National responsibility. Tony first joined the Board of Directors in 2000 and has served as a main Board Director since. Tony took on his current role as Chief Operating Officer for the Group in 2009.

Brian Duffy, CEO of the Watches of Switzerland Group said: “During his time with the company, Tony has seen many ownership changes, management changes and market changes and his success is a tribute to his commitment, his personal adaptability and most significantly, the immediate respect and support that he commands. Tony will leave at the end of April, and until then will remain fully engaged and supportive of our business in the UK and US. I wish to thank him personally for all his support, advice and partnership and on behalf of the Directors and all of the Watches of Switzerland Group colleagues, wish him health and happiness in this next stage of his life”.

The Group has also announced that with immediate effect, Craig Bolton is appointed as Executive Director - UK. In this new role Craig will bring together all fascia and operational functions facilitating Group strategies, plans and brand partnerships on behalf of the total UK business. David Hurley, in his role as Executive Vice President US, will continue to lead the Groups US division. Both Craig and David will report to Brian Duffy.

Mr Duffy commented: “Craig brings to this newly created role 14 years of experience and significant success in our Group and under his leadership, Goldsmiths and Mappin & Webb have gone from strength to strength. Our UK Watches of Switzerland & Airport business led by Tony Broderick and Matt Shields has also enjoyed great momentum in recent years and combining the leadership of these businesses will add efficiencies and momentum all round. Our US business is performing very well and it is quite amazing what has been achieved in such a short time. David has been the architect and leader of this success.

We are well positioned as we move into 2020 with strong business momentum and exciting new growth opportunities in both the UK and US. This new structure will support these opportunities and we are fortunate to have Craig and David - two great business leaders”.