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RAPAPORT... Movado Group Inc. hired and appointed Ricardo Quintero as company president to direct the brands, marketing and international expansion efforts, reporting to Efraim Grinberg, the company's chairman and CEO. Quintero most recently served at The Estée Lauder Companies as Clinique’s senior vice president; global general manager of market development. Additionally, Movado promoted Rick Coté, who has been serving as president and chief operating officer since 2010, to vice chairman and chief operating officer. Grinberg said, “I am delighted to have Ricardo Quintero join Movado Group. He has a proven track record as a global brand builder and leader. Ricardo understands brands, how they connect with consumers around the world, and the global landscape -- a winning combination to harness the power of our portfolio to support and accelerate our global expansion. His experience will be of great value to our company as we continue to develop our businesses around the world.” Coté added, “I am pleased to have Ricardo join our executive team. His background and proven track record in brand building and developing go-to-market strategies in international markets will be invaluable to us as we expand our business around the world. Ricardo will lead our brands’ marketing and international expansion efforts, allowing me to focus on evolving our long term strategic plans. I will also continue to direct our finance and operations areas as chief operating officer. I am confident that we have the right leadership in place to position Movado Group for even greater success in the near and long term.” Quintero said, “I am excited to join Movado Group and believe that there is a significant opportunity to build upon the successful growth of its watch portfolio and achieve even greater expansion in the future across the globe. Movado Group is strongly positioned with important growth opportunities ahead of it and I am proud to help develop and implement the plan that enables the company to achieve and over time, surpass its long term goals and continue its trend of delivering sustainable profitable growth.”
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