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Old 26 May 2012, 07:16 PM   #1
oworkman
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AP CEO Departure

Just came across this, not sure if it had been posted in the last few days.

http://www.forbes.com/sites/anthonyd...ruptly-leaves/
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Old 26 May 2012, 08:08 PM   #2
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Did not see that--interesting. I wonder what direction this will take the company??
Thanks for sharing.
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Old 26 May 2012, 08:27 PM   #3
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Thanks for posting.
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Old 26 May 2012, 09:36 PM   #4
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Interesting.
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Old 26 May 2012, 09:47 PM   #5
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I saw this as well.

Quick exit. Francoois will make a great stand in IMO.
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Old 26 May 2012, 10:06 PM   #6
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I wonder what direction this will take the company??
AP seems to have really picked up the momentum over the past several years, so I hope that won't change.

I always love the stock PR quotes "Due to differences in company strategy".

Translation, not hitting our numbers or he pissed off someone on the board.
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Old 26 May 2012, 10:10 PM   #7
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Read about this Thursday. I'm sure François will keep things steady while the search goes on for a replacement.
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Old 26 May 2012, 10:43 PM   #8
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Looking at the boards you'd think the recession is over. Maybe sales are still suffering globally.
This also might be the answer to the question of how many limited editions are too many.
I love them at TRF pricing, but MSRP is also a little too high IMHO.
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Old 26 May 2012, 11:03 PM   #9
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Have they assigned a replacement? Is it too late to send them my resume?
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Old 26 May 2012, 11:16 PM   #10
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Looking at the boards you'd think the recession is over. Maybe sales are still suffering globally.
This also might be the answer to the question of how many limited editions are too many.
I love them at TRF pricing, but MSRP is also a little too high IMHO.
Just keep in mind that folks on TRF are nuts and not representative of the general buying population. We're probably less than a fraction of a percent.
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Old 27 May 2012, 01:09 AM   #11
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Just keep in mind that folks on TRF are nuts and not representative of the general buying population. We're probably less than a fraction of a percent.
truly agreed
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Old 27 May 2012, 01:18 AM   #12
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Hmmmm....looking forward to where things go.
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Old 27 May 2012, 03:00 AM   #13
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If it was Merk's decision to delete the 15300, then he deserves to go.
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Old 27 May 2012, 03:36 AM   #14
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Francois is very in tune with the "new money" crowd! Audemar Piguet will not see a hiccup in their sales! Will be interesting to see who they eventually appoint!
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Old 27 May 2012, 03:58 AM   #15
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Francois is very in tune with the "new money" crowd! Audemar Piguet will not see a hiccup in their sales! Will be interesting to see who they eventually appoint!
Very true. I hear rumors that our own Thomas is being seriously considered.
If this happens TRFers will have easy time obtaining LE's going forward. Keep them crossed for him! Go Thomas go!




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Old 27 May 2012, 04:06 AM   #16
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Very true. I hear rumors that our own Thomas is being seriously considered.
If this happens TRFers will have easy time obtaining LE's going forward. Keep them crossed for him! Go Thomas go!




That was a secret Ken, Not official yet
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Old 27 May 2012, 04:06 AM   #17
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Very true. I hear rumors that our own Thomas is being seriously considered.
If this happens TRFers will have easy time obtaining LE's going forward. Keep them crossed for him! Go Thomas go!




Now that would be a sight to see!!! My fingers are crossed!!!


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That was a secret Ken, Not official yet
I'm pulling for you Thomas! Good luck!
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Old 27 May 2012, 04:10 AM   #18
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That was a secret Ken, Not official yet
Oh how I wish--I would volunteer to be sponsored!
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Old 27 May 2012, 11:10 AM   #19
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Maybe i will put my hand up for the job, it would certainly have some perks
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Old 27 May 2012, 11:46 AM   #20
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Maybe i will put my hand up for the job, it would certainly have some perks
I would be your assistant! as long as I am in the R&D department! so i can try all the Complications
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Old 28 May 2012, 01:41 AM   #21
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I am not surprised Merk has been fired, there have been several hiccups since he took over, the silly new slogan for the marketing campaign "To Break the Rules, you must first Master them", I mean what? , the debacle of the 40th Anniversary AP backed sale at Antiquorum this month totally shook confidence of collectors in AP, even a company like Omega had better sense in managing their brand equity than this guy with their Omegamania Auction and others which have a consistent program of ensuring things go well at auction and gives confidence to collectors at large, but then again if JP Morgan and the Nasdaq can screw up then why not Merk

I am sure there is more but that is what I could ascertain and it was funny I told a friend a week before the announcement that if I were a board member I would fire this guy.

What a coincidence

The New Dude should be better but then again what do I know

S
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