Rolex releases a press release informing of a change of management at the top of the Swiss Group.

Following the development of the Swiss and foreign group’s industrial and commercial activities, Rolex’s Board of Directors has decided to modify the structure of the company.

Mr. Gian Riccardo MARINI, the current director of Rolex Italia SPA has been named new Director General of Rolex SA, replacing Mr. Bruno Meier whose work over the last few years was saluted by the Board of Directors.

It has also been decided to create a new function of Director of Foreign Branches of the Group, given to Mr. Daniel Neidhart, who has been responsible for the Chinese market based based out of Hong Kong.

Mr. Gian Riccardo Marini and Mr. Daniel Neidhart will take up their positions immediately.

Translation: Europa Star