Philippe Bonay Named Lange N.A. President

A. Lange & Söhne has announced the appointment of Philippe Bonay to the position of President of A. Lange & Söhne, North America, effective April 13, 2009. Mr. Bonay has a strong background and knowledge of the luxury watch industry, having previously held the post of President of Panerai North America where he played a key role in the growth and development of the brand. Mr. Bonay also has broad international experience, having worked in France, Asia and most recently the U.S. Philippe Bonay replaces Marcia Mazzocchi, who has assumed a new role as Director, Special Projects for A. Lange & Söhne. Ms. Mazzocchi was instrumental to the growth of the brand and all those at A. Lange & Söhne are thankful for her dedication and look forward to her continuing success in her new position.