La ChauxdeFonds Switzerland — CORUM announced t
La Chaux-de-Fonds, Switzerland — CORUM announced today the appointment of Serge Weinberg as its new Chairman of the Board replacing the recently deceased Severin Wunderman, who purchased and managed the CORUM Group since 2000.Mr. Weinberg is the former Chairman of the Management Board of the Pinault-Printemps-Redoute (“PPR”) Group. In 2005 he founded the investment firm Weinberg Capital Partners, active in Lbo and real estate investments. He is also the Non-Executive Chairman of the Accor Group. He serves as a director of Schneider Electric, Gucci Group. He also has served as a member of various government advisory boards.Serge Weinberg, Richard E. Tomlin, Jr. (Managing Director of the Board) and Michael Wunderman (Creative Director of the Board) form the CORUM Group Board.Antonio Calce, Chief Executive Officer, will continue to manage the global operations of the company and will report directly to the Board.CORUM is a family-owned and operated Luxury Watch Manufacturer and Distributor located in La Chaux-de-Fonds, Switzerland since 1955. As an exclusive brand, CORUM offers ranges of exceptional quality watches that are innovative, with a distinctive design and dedicated complications. Since 2005, the brand has grown at a rapid pace. Founded on four pillars (The Admiral’s Cup – The Romvlvs – The Golden Bridge – The Artisans), the collection includes models equipped with mechanical movements whose prices range from 5’000 US$ to 1 million US$ integrating precious metals and technical complexity.