LVMH Appoints Aldo Magada As President-CEO Of Zenith

(RTTNews) - LVMH announced that it has appointed Aldo Magada as President-CEO of Zenith, effective July 1, 2014.

The company said he replaces Jean-Frédéric Dufour who is moving to take up management responsibilities outside the Group.

Giving a brief description about Aldo, LVMH said he was Born in 1958 and is a Swiss national. Aldo began his career in sales with Vifor, the over-the-counter pharmaceutical group.

In 1984, he joined the watchmaking industry with Swatch Group, before taking over responsibilities with Piaget and Omega where he was head of product development and marketing director from 1994-98, working alongside Jean-Claude Biver. In 2000, he became President of Gucci Timepieces. Between 2002 and 2009, he managed Technomarine, Reuge and Badollet, before creating his own consulting business, the company noted.