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Timex Group announces business unit consolidation
21 Mar '09
2 min read
Timex Group USA announced that the Timex and Callanen International business units will consolidate operations in the Middlebury, Connecticut headquarters. Timex is currently located in Middlebury and Callanen International has been housed in Norwalk, Connecticut.
“Expanding Timex Group and developing our world-class brands requires an ongoing evaluation of our business structure and practices,” said Hans-Kristian Hoejsgaard, President and Chief Executive Officer, Timex Group. "This move will maximize the use of available resources and leverage the strengths of the core Timex business as well as support further growth of the Nautica, Marc Ecko and TX brands."
The Timex business unit, which comprises brands including Timex, Timex Ironman, Expedition and Opex, continues to be led by Adam Gurian, president, reporting to Hoejsgaard.
Callanen International and its Nautica, Ecko and TX brands now become a division of Timex. Scott Wolfe, currently president, Callanen, will take on the dual role of senior vice president, international sales overseeing sales of Timex, Opex, Nautica, Ecko and TX and creative director of the TX brand. Wolfe will report to Gurian. Kapil Kapoor in his capacity as senior vice president, Asia Pacific, will continue to report directly to Hoejsgaard.
It is anticipated that the business consolidation will result in some limited staff realignment and reductions.
“Expanding Timex Group and developing our world-class brands requires an ongoing evaluation of our business structure and practices,” said Hans-Kristian Hoejsgaard, President and Chief Executive Officer, Timex Group. "This move will maximize the use of available resources and leverage the strengths of the core Timex business as well as support further growth of the Nautica, Marc Ecko and TX brands."
The Timex business unit, which comprises brands including Timex, Timex Ironman, Expedition and Opex, continues to be led by Adam Gurian, president, reporting to Hoejsgaard.
Callanen International and its Nautica, Ecko and TX brands now become a division of Timex. Scott Wolfe, currently president, Callanen, will take on the dual role of senior vice president, international sales overseeing sales of Timex, Opex, Nautica, Ecko and TX and creative director of the TX brand. Wolfe will report to Gurian. Kapil Kapoor in his capacity as senior vice president, Asia Pacific, will continue to report directly to Hoejsgaard.
It is anticipated that the business consolidation will result in some limited staff realignment and reductions.
Timex Group USA
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