WORLDTEMPUS - 9 September 2010
A. Lange & Söhne's interim CEO Jerzy Schaper will return to his former position of COO, as the Richemont-owned company just announced that its search for a new CEO has been fulfilled.
A. Lange & Söhne, based in Glashutte, Germany, welcomes Wilhelm Schmid as of January 1, 2011. The 47-year-old manager spent the last eight years in various positions concerning marketing and sales at BMW. Since 2007 he had been responsible for the South African market for Bavarian automobile company.
Arnd Einhorn, spokesman for A. Lange & Söhne, explains that Schmid's task will constitute continuing to further both the brand A. Lange & Söhne and the company Lange Uhren GmbH.