MERK OUT AT AUDEMARS: Audemars Piguet said that “due to differences in company strategy,” chief executive officer Philippe Merk is leaving the company. The high-end Swiss watchmaker appointed Merk ceo in 2009.
Until Merk’s successor is found, AP’s board has nominated François-Henry Bennahmias as general manager. Bennahmias, 48, began his career at Audemars Piguet in 1996 and, from 1997, he was assistant marketing and sales manager for Asia-Pacific and Europe. In 1999, he was promoted to president and ceo of Audemars Piguet’s North America business, working out of its New York office.