Movado Group, Inc. Appoints Maya Peterson to Its Board of Directors, Effective February 1, 2022
January 19, 2022 at 04:28 pm EST
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Movado Group, Inc. announced that Maya Peterson has been appointed to the Company's Board of Directors, effective February 1, 2022. Following Ms. Peterson's appointment, the Board will include eight members possessing a broad range of experience and capabilities from finance and strategy, to digital and marketing. Ms. Peterson brings extensive leadership, creative strategy and marketing experience to the Movado Group Board.
She currently serves as Vice President, Insights & Strategy at Universal Music Group for Brands. Additionally, Ms. Peterson serves as a Senior Advisor to Influence Change, a nonpartisan organization focused on voter justice. Previously, Ms. Peterson held senior marketing positions at ViacomCBS and several other consumer products and services companies.
Movado Group, Inc. designs, sources, markets, and distributes watches globally. The Company operates through two segments: Watch and Accessory Brands and Company Stores. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches and, to a lesser extent, jewelry and other accessories, of owned and licensed brands, in addition to after-sales service activities and shipping. The Company Stores segment includes its retail outlet business. Its portfolio of watch brands consists of owned brands, such as MOVADO, CONCORD, EBEL, OLIVIA BURTON and MVMT as well as licensed brands, such as COACH, TOMMY HILFIGER, HUGO BOSS, LACOSTE, and CALVIN KLEIN. The Company also designs, sources, markets, and distributes jewelry and other accessories under certain of its brands. The Company divides its business into two geographic locations, such as the United States operations, and the International, which includes all other non-United States company operations.