William "Bill" Floydd has joined the board of luxury watch retailer the Watches of Switzerland Group as its financial director.

He will head up the finance side of the Leicestershire-headquartered business which includes the Goldsmiths, Watches of Switzerland and Mappin and Webb chains as well as Mayors in the United States.

He joined the board on January 1, replacing Anders Romberg who has retired after seven years in the role.

When the appointment was announced last year chief executive Brian Duffy said he was looking forward to working with the new CFO.

He said: “He brings a wealth of senior financial expertise and leadership qualities, and the group will benefit greatly from his experience.

"On behalf of the board, I would like to thank Anders for the significant contribution he has made to the business as our CFO since 2014, including to our successful IPO in 2019 and subsequent growth as a listed company.

“Personally I would like to add that Anders has been a strong partner to me and has played a key leadership role in the transformation of our business.

“Anders leaves the group in a strong financial position and we wish him all the very best for the future."

Mr Floydd said : "I am delighted to be joining the Watches of Switzerland Group at such an exciting phase of its growth, and look forward to working closely with Brian, the board and the wider team in continuing to deliver on the group's strategy."

He joined the company from the FTSE 250 international gaming, leisure, and entertainment business The Rank Group Plc, where he had been chief financial officer since November 2018.

There he led several financing initiatives to ensure Rank was able to weather the pandemic.

Before that he spent more than five years as CFO of Experian Plc's UK and Ireland region and prior to that spent 12 years in senior positions at Logica Plc. He qualified as a chartered accountant with PwC.

Back in August it was announced that his base salary would be £380,000, with a maximum annual bonus of 125 per cent of that amount.

The group said his maximum annual performance share plan award would be 175 per cent of his salary.

It said he will also receive Watches of Switzerland shares to compensate for the share awards he forfeited on leaving his previous employer.

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