Watches of Switzerland CFO Bill Floydd to stand down

Watches of Switzerland said on Wednesday that chief financial officer Bill Floydd will be standing down from 12 May by mutual agreement.

He will be succeeded by Anders Romberg, who served as the group's CFO from 2014 to 2021. Floydd will remain available to support the transition and a handover of responsibilities until the end of October.

Chief executive Brian Duffy said: "On behalf of the board, I would like to thank Bill for his valuable contribution to the group and we wish him well for the future. I am delighted that Anders is re-joining the business.

"He has a strong track record of financial leadership and thorough knowledge of our group, as well as the specialist luxury watch and jewellery categories, and I look forward to working with him again."