Zenith, as part of the LVMH Watch Group, has chosen a new CEO and president. Aldo Magada will start his position on July 1. Magada will be replacing Jean-Frédéric Dufour in his position, who is now CEO at Rolex.Magada has previously worked at Breitling, in the position of international director of sales and business development. Other companies he worked with in the past include Gucci Timepieces, TechnoMarine, Reuge, Badollet, and the Swatch Group.
“Aldo Magada’s 30 years of playing a leading role in repositioning and developing watch brands make him a valuable asset in assuring Zenith’s future,” said LVMH Watch Group president Jean-Claude Biver in a statement. “[Zenith is] bound to benefit from the new CEO’s wealth of experience in the watch industry, reinforced by his strategic intelligence, his product development expertise and his in-depth knowledge of the Manufacture,” he told iW Magazine.
Biver and Magada worked together from 1994 to 1998 when Magada was marketing director for Omega alongside Biver. CJ
Author: Canadian Jeweller Magazine Staff
Canadian Jeweller Magazine Staff is the shared byline for reporting filed by the magazine's editorial desk. Founded in 1879, Canadian Jeweller is the longest running jewellery business publication in Canada, covering market reporting, retail strategy, watches, diamonds, coloured gemstones and the commerce of the Canadian jewellery trade. Work published under this byline is edited and verified by the Canadian Jeweller editorial team in Toronto.
