Timex appoints Arthur Morissette

Timex Group India Limited (TGIL) has appointed Arthur Morissette, Senior Vice President and Chief Financial Officer of Timex Group BV, as an Additional Director of the company. Morissette comes with more than forty years experience in various industries across the globe. His global experience and knowledge of international markets is a key asset for TGIL as the company continues to increase its operations in India.

The appointment was made consequent to the resignation of Frank Sherer as a Director of the company. Resulting to the appointment of Arthur Morissette, the Board of the company shall comprise of Kapil Kapoor, V D Wadhwa, DayaDhaon, Bijou Kurien, Gagan Singh, Pradeep Mukerjee and Arthur Morissette.

Timex Group is one of the world’s largest watch maker that designs, manufactures and markets timepieces and jewelry globally. Timex Group India plans to open around 30 to 40 new stores via franchising. The brand also has plans to invest around Rs 5.1 crore for pan India expansion. Currently, it operates around 100 stores across the country. Timex was founded in 1854 and has a rich heritage of making the finest timepieces. Timex Group has a portfolio of 10 brands spread across various segments from mid premium to luxury segment with Brands like, Timex, Opex, Guess, Gc, Marc Ecko, Nautica, Salvatore Ferragamo, Versace and Versus with selling channels in more than 100 countries.