Kaiser Launches New Company

Steven Kaiser, former president of Benedom and Baume & Mercier, has announced the launch of Kaiser Time Inc. The new company, which will specialize in watches and jewelry, will provide a wide range of services including sales and marketing management, consulting, negotiating strategic alliances, and product launches. From 1993 to 1998, Kaiser served as president of Baume & Mercier, where he redirected the company's U.S. operations and restructured its distribution network. He left the company to become executive shareholder of Benedom Inc., a subsidiary of the LVMH group. In affiliation with LVMH, Benedom reintroduced the Christian Dior and Fred Joaillier brands to the U.S. market. Kaiser sold his stake in Benedom to launch Kaiser Time. Kaiser presently serves as chairman of the Jewelry Information Center and treasurer of the Jewelers Vigilance Committee. He also sits on the

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