Mike Wilson Joins Timex Group as Senior Vice President, Supply Chain

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MIDDLEBURY, Conn.-(Business Wire)-September 9, 2009 - Timex Group B.V. announced the appointment of Mike Wilson as Senior Vice President, Supply Chain. Mr. Wilson will join the company effective September 15th and will report directly to Timex Group President and Chief Executive Officer, Hans-Kristian Hoejsgaard.

In his new role with Timex Group, Mr. Wilson will leverage his more than two decades of engineering, manufacturing and logistics experience and track record of results to create a world-class integrated supply chain.

“We are pleased to welcome Mike and his wealth of knowledge and global experience within the manufacturing and logistics industries to Timex Group,” said Mr. Hoejsgaard. “His hands-on experience running factories and being in front of customers, as well as his deep understanding of technology and sensitivity to asset-utilization strategies and product life cycle management, make him ideally suited to lead our organization’s transition from its historical focus on manufacturing to building a lean global supply chain.”

Mr. Wilson joins Timex Group from Deutsche Post DHL (formerly DHL/Deutsche Post World Net), where he served in both Amsterdam and the United Kingdom as President, Global Supply Chain Outsourcing. Prior to that he was responsible for the technology industry at Exel, the logistics and freight-forwarding company.

Before that he spent 10 years at Celestica, a global leader in the delivery of end-to-end product lifecycle solutions, most recently as Senior Vice President, Europe and Managing Director, United Kingdom. Earlier in his career he worked at both Lyte Industries and Omitec Circuits.

Mr. Wilson is an industrial engineer who hails from Wales and holds an MBA from the University of Wales, will be based in Hong Kong.

About Timex Group

Timex Group designs, manufactures and markets innovative timepieces and jewelry globally. Timex, founded in 1854, has expanded to become Timex Group, a privately-held company, with numerous brands and over 5,000 employees worldwide. One of the largest watch makers in the world, Timex Group companies and exclusive worldwide licenses include Timex business unit (Timex, Timex Ironman, Opex), Timex Group Luxury Watches (Valentino, Salvatore Ferragamo); Callanen (Nautica, Marc Ecko, TX), Sequel (Guess, Gc); Vertime (Versace, Versus); and Vincent Bérard. For more information, visit www.timexgroup.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6044742&lang=en

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