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Movado Group, Inc. (MOV)

NYSE - NYSE Delayed Price. Currency in USD
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27.64+0.93 (+3.48%)
At close: 04:00PM EDT
27.64 0.00 (0.00%)
Pre-Market: 04:09AM EDT

Movado Group, Inc.

650 From Road
Suite 375
Paramus, NJ 07652-3556
United States
201 267 8000
https://www.movadogroup.com

Sector(s)Consumer Cyclical
IndustryLuxury Goods
Full Time Employees1,089

Key Executives

NameTitlePayExercisedYear Born
Mr. Efraim GrinbergChairman & CEO3.19MN/A1958
Ms. Sallie A. DeMarsilisExecutive VP, COO & CFO1.16MN/A1965
Mr. Behzad SoltaniExecutive VP, Commercial President & Chief Technology Officer1.03MN/A1972
Mr. Mitchell C. SussisSenior VP, General Counsel & Secretary598.18kN/A1965
Linda FeeneySenior VP & Principal Accounting OfficerN/AN/AN/A
Mr. Stephane GerschelChief Marketing OfficerN/AN/AN/A
Ms. Michelle KennedySenior Vice President of Human ResourcesN/AN/AN/A
Mr. Alexander GrinbergSenior VP of Customer Experience & DirectorN/AN/A1963
Ms. Margot GrinbergPresident of the Movado Brand & Senior VP of E-CommerceN/AN/AN/A
Mr. Francis Anthony MorelliSenior Vice President of Global Information Technology & Operations553.23kN/A1951
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Movado Group, Inc. designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company's customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. It sells directly to consumers through its e-commerce platforms. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is headquartered in Paramus, New Jersey.

Corporate Governance

Movado Group, Inc.’s ISS Governance QualityScore as of March 1, 2024 is 8. The pillar scores are Audit: 5; Board: 6; Shareholder Rights: 10; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.