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Leibish & Co

Tuesday, February 8, 2011

Harry Winston Names New CFO


Harry Winston Diamond Corp. has appointed Cyrille Baudet to the position of group chief financial officer, reporting to Frederic de Narp, chairman and CEO. Baudet replaces Alan Mayne, who helped steer the luxury diamond jewelry retailer and diamond mining company through the turbulence of the recent global financial crisis. Mayne will remain with the company for a transition period till April 30.

With the appointment of Baudet, the structure of the finance group will also change. Wendy Kei will assume the role of CFO of the mining and rough diamond sales team based in Toronto while Robert Scott continues as CFO of the brand retail and wholesale business based in New York. Baudet will remain based in Geneva at Harry Winston's watch manufacturing facility before moving to North America later this year.

Baudet began his career with Ernst & Young in Africa and Paris auditing oil and mining companies in Africa followed by a period with PricewaterhouseCoopers in London where he focused on software companies. He joined Richemont Intl. as group senior internal auditor followed by assignments as controller for Alfred Dunhill in London and Cartier Intl. in Paris and Geneva before becoming the controller for Cartier North America based in New York. Most recently he was the regional CFO for the Richemont Group businesses in Europe, the Middle East and South America. He is currently based in Geneva.

Harry Winston Diamond Corp. is a specialist diamond enterprise with assets in the mining and retail segments of the diamond industry. It supplies rough diamonds to the global market from its 40 percent ownership interest in the Diavik Diamond Mine. The company's retail division is a premier diamond jeweler and luxury timepiece retailer with salons in key locations, including New York, Paris, London, Beijing, Tokyo and Beverly Hills.