MOV - Movado Group, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Movado Group, Inc.

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

SectorConsumer Cyclical
IndustryLuxury Goods
Full Time Employees1,140

Key Executives

NameTitlePayExercisedYear Born
Mr. Efraim GrinbergChairman & CEO3.49MN/A1958
Ms. Sallie A. DeMarsilisSr. VP, CFO & Principal Accounting Officer909.91kN/A1965
Mr. Francis Anthony MorelliSr. VP of Global Information Technology & Operations827.83k110.19k1951
Mr. Mitchell C. SussisSr. VP, Gen. Counsel & Sec.574.38kN/A1965
Vivian D'EliaSr. VP of HR444.44kN/A1952
Amounts are as of December 31, 2019 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, develops, sources, markets, and distributes fine 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, MVMT, Olivia Burton, Ebel, and Concord brands, as well as under the Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Scuderia Ferrari, Rebecca Minkoff, and Uri Minkoff licensed brands. It also provides after-sales and shipping service. As of January 31, 2019, the company operated 44 retail outlet locations. Its customers include jewelry store chains, department stores, independent regional jewelers, licensors' retail stores, and a network of independent distributors. 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 based in Paramus, New Jersey.

Corporate Governance

Movado Group, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 9. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 10; Compensation: 10.

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.