TAG Heuer CEO Stphane Linder Resigns, Jean-Claude Biver Steps In As Interim CEO

December 11, 2014

Stphane Linder worked at Tag Heuer for 21 years. Big news out of La Chaux-de-Fonds: Stphane Linder, CEO of TAG?Heuer, has resigned from his position at the helm of one of the world's largest watchmakers. Jean-Claude Biver, current Head of Watchmaking?at LVMH, will act as CEO of TAG?Heuer in the interim.Linder assumed the role of CEO just last year, after former CEO Jean-Christophe Babin left TAG?Heuer to become CEO at Bulgari.?The departure of Linder, who has worked at TAG?Heuer for 21 years, comes amidst significant?restructuring at the firm, including 46 layoffs in September and a refocus on lower-priced watches.Linder's resignation is the second departure of key management this year for TAG?Heuer, after Patrick Pruniaux, VP of Sales and Retail, left the Swiss watchmaker to join Apple.