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26 May 2012, 07:16 PM | #1 |
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AP CEO Departure
Just came across this, not sure if it had been posted in the last few days.
http://www.forbes.com/sites/anthonyd...ruptly-leaves/
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26 May 2012, 08:08 PM | #2 |
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Did not see that--interesting. I wonder what direction this will take the company??
Thanks for sharing.
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26 May 2012, 08:27 PM | #3 |
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Thanks for posting.
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26 May 2012, 09:36 PM | #4 |
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Interesting.
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26 May 2012, 09:47 PM | #5 |
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I saw this as well.
Quick exit. Francoois will make a great stand in IMO.
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26 May 2012, 10:06 PM | #6 |
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AP seems to have really picked up the momentum over the past several years, so I hope that won't change.
I always love the stock PR quotes "Due to differences in company strategy". Translation, not hitting our numbers or he pissed off someone on the board. |
26 May 2012, 10:10 PM | #7 |
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Read about this Thursday. I'm sure François will keep things steady while the search goes on for a replacement.
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26 May 2012, 10:43 PM | #8 |
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Looking at the boards you'd think the recession is over. Maybe sales are still suffering globally.
This also might be the answer to the question of how many limited editions are too many. I love them at TRF pricing, but MSRP is also a little too high IMHO.
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26 May 2012, 11:03 PM | #9 |
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Have they assigned a replacement? Is it too late to send them my resume?
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26 May 2012, 11:16 PM | #10 |
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Just keep in mind that folks on TRF are nuts and not representative of the general buying population. We're probably less than a fraction of a percent.
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27 May 2012, 01:09 AM | #11 |
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27 May 2012, 01:18 AM | #12 |
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Hmmmm....looking forward to where things go.
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27 May 2012, 03:00 AM | #13 |
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If it was Merk's decision to delete the 15300, then he deserves to go.
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27 May 2012, 03:36 AM | #14 |
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Francois is very in tune with the "new money" crowd! Audemar Piguet will not see a hiccup in their sales! Will be interesting to see who they eventually appoint!
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"Wealth is of the heart and mind, not of the pocket!" "A Watch Is An Emotional Object, And So, It Is The Responsibility Of The Brand To Create Emotion Through It's Products" - Georges Kern "In the 1950s and 60s, they made the Ref 8171, which is a cult collectible—now that’s the ultimate Rolex you could own with a calendar and a moon phase.” - John Reardon "Heh, heh, heh..." - Michael Kilyung |
27 May 2012, 03:58 AM | #15 | |
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Quote:
If this happens TRFers will have easy time obtaining LE's going forward. Keep them crossed for him! Go Thomas go!
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27 May 2012, 04:06 AM | #16 |
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That was a secret Ken, Not official yet
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27 May 2012, 04:06 AM | #17 | |
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Quote:
I'm pulling for you Thomas! Good luck!
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"Wealth is of the heart and mind, not of the pocket!" "A Watch Is An Emotional Object, And So, It Is The Responsibility Of The Brand To Create Emotion Through It's Products" - Georges Kern "In the 1950s and 60s, they made the Ref 8171, which is a cult collectible—now that’s the ultimate Rolex you could own with a calendar and a moon phase.” - John Reardon "Heh, heh, heh..." - Michael Kilyung |
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27 May 2012, 04:10 AM | #18 |
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Oh how I wish--I would volunteer to be sponsored!
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27 May 2012, 11:10 AM | #19 |
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Maybe i will put my hand up for the job, it would certainly have some perks
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27 May 2012, 11:46 AM | #20 |
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I would be your assistant! as long as I am in the R&D department! so i can try all the Complications
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28 May 2012, 01:41 AM | #21 |
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I am not surprised Merk has been fired, there have been several hiccups since he took over, the silly new slogan for the marketing campaign "To Break the Rules, you must first Master them", I mean what? , the debacle of the 40th Anniversary AP backed sale at Antiquorum this month totally shook confidence of collectors in AP, even a company like Omega had better sense in managing their brand equity than this guy with their Omegamania Auction and others which have a consistent program of ensuring things go well at auction and gives confidence to collectors at large, but then again if JP Morgan and the Nasdaq can screw up then why not Merk
I am sure there is more but that is what I could ascertain and it was funny I told a friend a week before the announcement that if I were a board member I would fire this guy. What a coincidence The New Dude should be better but then again what do I know S |
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