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Hoejsgaard leaves

1 minute read
Hans-Kristian Hoejsgaard, who has been Timex president and chief executive officer since February 2008, has left the company.
WORLDTEMPUS - 20 January 2010

William George Shuster

Timex_327411_0Hans-Kristian Hoejsgaard, who had been Timex Group president and chief executive officer since February 2008, has left the company “to pursue other interests,” said a company spokesman. His departure in October wasn't officially announced, but was confirmed Jan. 19 by sources at Time Group.“The company is current conducting a search for a new CEO,” says Frank A. Sherer, Jr., Timex Group Senior Vice President, Human Resources and Legal. “It is in the very early stages, and when a new CEO is selected, an announcement will be made at that time.” Until then, Timex Group Chairman Anette S. Olsen is acting CEO.  
Timex Group, one of the world's largest and best-known watch companies, is headquartered in Middlebury, Connecticut, in the USA, the country where it began in the 1850s. It has operations in 20 countries, sales in more than 100, and about 5,000 employees worldwide. Its proprietary and licensed brands range from popular-priced to luxury, and include Timex, Versace, Valentino, Salvatore Ferragamo, Guess, Gc, Vincent Bérard, Versus, TX, Marc Ecko, Nautica and Opex.
While at Timex Group, Hoejsgaard most recently oversaw consolidation of its Timex and Callanen International business units at its headquarters, and the launch of Timex Group's in-house duty free division.
Prior to coming to Timex Group, Hoejsgaard was president and CEO of Danish silversmith Georg Jensen Ltd., which he made into a global luxury jewelry and watch company; president of Lancaster Group Worldwide, the fragrance and cosmetics division of Coty Inc.; and managing director and CEO of Guerlain Asia-Pacific.