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William ‘Bill’ Floydd takes over as chief financial officer at Watches of Switzerland Group

BASED. by BASED.
January 5, 2022
in Watches
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William ‘Bill’ Floydd takes over as chief financial officer at Watches of Switzerland Group
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William “Invoice” Floydd has joined the board of luxurious watch retailer the Watches of Switzerland Group as its monetary director.

He’ll head up the finance aspect of the Leicestershire-headquartered enterprise which incorporates the Goldsmiths, Watches of Switzerland and Mappin and Webb chains in addition to Mayors in the United States.

He joined the board on January 1, changing Anders Romberg who has retired after seven years within the position.

When the appointment was introduced final yr chief govt Brian Duffy mentioned he was wanting ahead to working with the brand new CFO.

He mentioned: “He brings a wealth of senior monetary experience and management qualities, and the group will profit vastly from his expertise.

“On behalf of the board, I wish to thank Anders for the numerous contribution he has made to the enterprise as our CFO since 2014, together with to our profitable IPO in 2019 and subsequent progress as a listed firm.

“Personally I wish to add that Anders has been a powerful accomplice to me and has performed a key management position within the transformation of our enterprise.

“Anders leaves the group in a powerful monetary place and we want him all the easiest for the longer term.”

Mr Floydd mentioned : “I’m delighted to be becoming a member of the Watches of Switzerland Group at such an thrilling section of its progress, and stay up for working intently with Brian, the board and the broader workforce in persevering with to ship on the group’s technique.”

He joined the corporate from the FTSE 250 worldwide gaming, leisure, and leisure enterprise The Rank Group Plc, the place he had been chief monetary officer since November 2018.

There he led a number of financing initiatives to make sure Rank was capable of climate the pandemic.

Earlier than that he spent greater than 5 years as CFO of Experian Plc’s UK and Eire area and previous to that spent 12 years in senior positions at Logica Plc. He certified as a chartered accountant with PwC.

Again in August it was introduced that his base wage could be £380,000, with a most annual bonus of 125 per cent of that quantity.

The group mentioned his most annual efficiency share plan award could be 175 per cent of his wage.

It mentioned he can even obtain Watches of Switzerland shares to compensate for the share awards he forfeited on leaving his earlier employer.

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