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Movado Names Chief Financial Officer



By AP
27 March 2008 @ 08:25 am EST

PARAMUS, N.J. - Watch maker Movado Group Inc. said Thursday it named Sallie A. DeMarsilis its new chief financial officer and principal accounting officer.

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DeMarsilis, who joined Movado earlier this year, replaces Eugene Karpovich. Karpovich will remain with the company as an officer and senior member of the management team.

Before joining Movado, DeMarsilis was senior vice president of finance with Wamaco Group Inc., a clothing wholesaler and retailer.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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