By  on September 23, 2009

PARIS — High-end Swiss watchmaker Baume & Mercier, a unit of luxury group Compagnie Financière Richemont SA, has appointed Alain Zimmerman chief executive officer following the resignation of Michel Nieto over a strategic disagreement, a Baume & Mercier spokeswoman said Tuesday.

Zimmerman was previously chief marketing officer of IWC, another Richemont unit.

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