Timex Group Names Hoejsgaard New President

Timex Group B.V. has named Hans-Kristian Hoejsgaard president and chief executive officer, effective Feb. 11. He replaces Joe Santana, who had been president and CEO since 1999 and left, said the company, for "personal and family reasons." Hoejsgaard had been president and CEO of Georg Jensen and before that president of Lancaster Group Worldwide, Paris, a division of Coty Inc. He also worked for Moët Hennessy Louis Vuitton. Timex Group, headquartered in Middlebury, Conn., and owned by a Dutch holding company, has annual revenues of approximately $700 million and over 6,000 employees worldwide.

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