Timex gets a new CEO

V D Wadhwa has replaced G Kannan as the managing director and CEO of Timex India. V D Wadhwa

is a Harvard Business School alumnus. A fellow member of the Institute of Company Secretaries of India, Wadhwa has over 25 years of experience in various industries. He has been associated with the company in various capacities since its inception and is credited with the re-establishment of the entire distribution and retail base after the split of Timex JV with Tata. Subsequently, he played a major role in the profitable turnaround of Timex India operations through businesses and financial restructuring.

Prior to taking over as the MD, he was responsible for the business development initiatives and was involved with several global assignments for business restructuring. Timex hopes to continue on its growth trajectory, with its strong multi-brand portfolio and a robust profit model in place. The brand’s range of watches is renowned for their striking designs and styles, with clasps and straps that are nifty and provide great functional support to the dials. Timex is available at favored shopping outlets, besides a series of exclusive showrooms, and comes in a wide band of prices and features. Timex targets the peppy group, who love sporting the latest trends.