Harry Winston, Inc. Names Frederic de Narp President and CEO
December 04 2009 - 7:57AM
PR Newswire (US)
TORONTO, Dec. 4 /PRNewswire-FirstCall/ -- Harry Winston Diamond
Corporation (TSX: HW, NYSE: HWD) (the "Company"), today announced
the appointment of Mr. Frederic de Narp to the position of
President and Chief Executive Officer of Harry Winston, Inc., its
New York-based jewelry and watch subsidiary, effective January 4,
2010. Mr. de Narp joins Harry Winston from Cartier International,
where he recently served as the President and Chief Executive
Officer of Cartier North America. He succeeds Mr. Tom O'Neill who
led Harry Winston, Inc. through its transition from a family owned
business to a global network of 19 retail salons over the last 5
years. Mr. de Narp's successful global career in luxury retail
began 18 years ago at Cartier in Japan. Over the course of almost
two decades, his ascension through the executive ranks at Cartier
took him to competitive and emerging markets throughout Asia
(Tokyo) and Europe (Switzerland, Italy and Greece) and in 2005 he
moved to New York to oversee Cartier North America. Chairman and
CEO Robert Gannicott said: "We are delighted that Frederic will be
joining Harry Winston, Inc. He has an innate ability for
understanding the luxury consumer's needs in the United States and
globally. Frederic brings high energy as well as a clear vision of
the relevance of luxury and jewelry to the modern world. His
industry expertise, combined with our company's unrivalled position
in the market, will play an integral role in the development and
growth of the Harry Winston business and brand internationally."
"Harry Winston is rooted in rich tradition and history. I am very
excited to lead this world renowned brand and contribute to its
ongoing innovation in luxury watches and modern couture jewelry,"
added de Narp. About Harry Winston Diamond Corporation Harry
Winston Diamond Corporation is a specialist diamond enterprise with
assets in the mining and retail segments of the diamond industry.
Harry Winston supplies rough diamonds to the global market from its
40 per cent ownership interest in the Diavik Diamond Mine (economic
ownership of 31%). The Company's retail division is a premier
diamond jeweler and luxury timepiece retailer with salons in key
locations, including New York, Paris, London, Beijing, Tokyo, and
Beverly Hills. The Company focuses on the two most profitable
segments of the diamond industry, mining and retail, in which its
expertise creates shareholder value. This unique business model
provides key competitive advantages; rough diamond sales and
polished diamond purchases provide market intelligence that
enhances the Company's overall performance. For further
information, please visit http://www.harrywinston.com/. DATASOURCE:
Harry Winston Diamond Corporation CONTACT: For investor information
visit, http://investor.harrywinston.com/ or call Robert A.
Gannicott (Chairman) at (212) 245-2000 or Lyle R. Hepburn
(Corporate Secretary) at (416) 350-3525
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