Former eBay top manager Jacob Fonnesbech Aqraou becomes Chairman of the Board at CHRONEXT. Ex-LVMH and Richemont Executive Hamdi Chatti further strengthens the board.
Jacob Fonnesbech Aqraou and Hamdi Chatti join the CHRONEXT board
CHRONEXT, the leading platform for luxury watches, appoints Jacob Fonnesbech Aqraou as Chairman of the Board who brings expertise in fast-growing tech companies and marketplaces.
The experts
Former Senior Vice President EMEA, Jacob Fonnesbech Aqraou was responsible for the rise of eBay Inc to a globally active marketplace during his 13 years there.
On top of that, he became a successful investor and serves on the boards of high growth tech companies. He is Deputy Chairman of the Board at TeamViewer, Chairman of Wallapop, Phase One and Capture One. As an active member of the supervisory board of DenmarkBridge, he also fosters deep relationships into Silicon Valley.
In addition, Hamdi Chatti will strengthen the CHRONEXT board in the future. The proven expert for luxury goods brings more than two decades of experience in the
watch industry working in leading positions for the two largest luxury goods groups in the world, LVMH and Richemont.
At Richemont he was responsible for Cartier, Piaget and Montblanc in various capacities before moving to Harry Winston as Chief Executive Officer Timepieces, where he primarily drove expansion in the Middle East. Louis Vuitton then appointed him Executive Vice President for the Jewellery & Watch Division, which he developed and brought to great success. His last position was as Chairman with Damas Jewellery and he is still Board Director of Gübelin.
"We are very pleased to have Jacob Fonnesbech Aqraou and Hamdi Chatti, two outstanding experts in their field, join the CHRONEXT board. As a proven specialist in digital marketplaces, Jacob will provide us with crucial support in further strengthening CHRONEXT's growth. In addition, we have Hamdi, an excellently networked manager in the luxury goods industry, as a new member of the board. His expertise will help us to further deepen our partnerships and to drive our vision for the digital luxury watch trade." Philipp Man, CEO and Co-Founder of CHRONEXT, summarises the new strengthening of the Board.
Jacob Fonnesbech Aqraou on his new role: “CHRONEXT has a deeply intermediated
model perfectly suited for high value items, giving the buyer peace of mind. This has led to significant growth in recent years. I believe the digital market for luxury watches has tremendous potential with this model and I look forward to help expand the market leadership of CHRONEXT.”
Hamdi Chatti adds: "CHRONEXT’s concept of combining the best of digital and brick-and-mortar retail is a glimpse into the future of the luxury watch market. There are many opportunities for brands to participate, especially in the CPO watch segment, which continues to grow at a fast pace. Therefore, I look forward to an exciting new role and the opportunity to support CHRONEXT with determination and passion.
About CHRONEXT
CHRONEXT AG (www.chronext.com) was founded in 2013 by Philipp Man and Ludwig Wurlitzer. The leading platform for luxury watches employs around 100 people, has a 350 sqm watch workshop for quality and authenticity testing and offers around 7,000 models for sale. With headquarters in Zug (Switzerland) and a further 10 locations in Europe & Asia, the company is internationally positioned and guarantees a fast and secure service. CHRONEXT simplifies the complex structures of the watch market and enables a unique buying experience. For more information, please visit:
Press Contact:
CHRONEXT Service Germany GmbH
press@chronext.com