People: Movado Group Inc (MOV)

Summary

Name	Age	Since	Current Position
Efraim Grinberg	55	2010	Chairman of the Board, Chief Executive Officer
Richard Cote	58	2010	President, Chief Operating Officer, Director
Sallie DeMarsilis	48	2008	Chief Financial Officer, Principal Accounting Officer
Frank Morelli	62	2006	Senior Vice President - Global Business Processes, Chief Information Officer
Timothy Michno	56	1992	Secretary, General Counsel
Alan Howard	53	2011	Lead Independent Director
Alexander Grinberg	50	2011	Director
Margaret Adame	73	1993	Independent Director
Richard Isserman	78	2005	Independent Director
Nathan Leventhal	70	2003	Independent Director
Donald Oresman		1981	Independent Director
Maurice Reznik	58	2011	Independent Director
Leonard Silverstein		1975	Independent Director

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Biographies

Name	Description
Efraim Grinberg	Mr. Efraim Grinberg is Chairman of the Board and Chief Executive Officer of Movado Group Inc., since January 31, 2009. He joined the Company in June 1980 and served as the Company's Vice President of Marketing from February 1985 until July 1986, at which time he was elected to the position of Senior Vice President of Marketing. From June 1990 to October 1995, Mr. Grinberg served as the Company’s President and Chief Operating Officer and, from October 1995 until May 2001, served as the Company’s President. In May 2001, Mr. Grinberg was elected to the position of President and Chief Executive Officer and, in addition, effective January 31, 2009, he was elected Chairman of the Board. In March 2010 Mr. Grinberg resigned as President. He continues to serve as the Company’s Chairman of the Board and Chief Executive Officer.
Richard Cote	Mr. Richard J. Cote is President, Chief Operating Officer, Director of Movado Group Inc., since March 15, 2010. He joined the Company in January 2000 as Executive Vice President – Finance and Administration. In May 2001, Mr. Coté was promoted to Executive Vice President - Chief Operating Officer and in March 2010 he was promoted to the position of President and Chief Operating Officer. Prior to joining the Company, Mr. Coté worked for Colgate-Palmolive, a global consumer goods company, where, from 1998 to 2000, he was Vice President and Chief Financial Officer for U.S. operations, and from 1993 to 1998, he was Vice President and Chief Financial Officer for Asia/Pacific operations. Prior to joining Colgate-Palmolive, Mr. Coté spent eight years at KPMG LLP in public accounting. He is a licensed CPA.
Sallie DeMarsilis	Ms. Sallie A. DeMarsilis is Chief Financial Officer, Principal Accounting Officer of Movado Group Inc., since March 31, 2008. She joined the Company in January 2008 as a Senior Vice President of Finance. From December 2004 through December 2007, she served as Senior Vice President of Finance with The Warnaco Group, Inc., a publicly traded global wholesaler and retailer of apparel. Prior to that, Ms. DeMarsilis held several senior financial positions with AnnTaylor Stores Corporation from November 1994 through December 2004, including Controller and Senior Vice President of Finance. AnnTaylor Stores Corporation is a publicly traded specialty retailer in the United States of women's apparel, shoes and accessories. Ms. DeMarsilis is a certified public accountant and worked in public accounting with Deloitte & Touche LLP for eight years before joining AnnTaylor Stores Corporation.
Frank Morelli	Mr. Frank A. Morelli is Senior Vice President - Global Business Processes, Chief Information Officer of Movado Group Inc. Immediately prior to joining the Company and since 1995, Mr. Morelli was the Vice President – Global Information Technology at Colgate-Palmolive, a global consumer goods company, which he joined in 1973. Prior to 1995, Mr. Morelli held a number of different positions of increasing responsibility in the areas of information technology, finance, customer service, distribution/logistics and marketing.
Timothy Michno	Mr. Timothy F. Michno is Secretary and General Counsel of Movado Group Inc. He joined the Company in 1992. He has practiced law since 1983. Immediately prior to joining the Company and since 1986, he was an associate at the New York firm of Chadbourne & Parke. From 1988 to 1991, he served as a resident outside counsel to Fortune Brands, Inc. (formerly known as American Brands, Inc.), a consumer products company.
Alan Howard	Mr. Alan H. Howard is Lead Independent Director of Movado Group Inc., since September 1997. He is the Managing Partner of Heathcote Advisors LLC, which he formed in March 2008 and which provides financial advisory services as well as makes principal investments. In addition, from September 2008 through June 2010 he was Managing Partner of S3 Strategic Advisors LLC which provides strategic advice to hedge funds and asset managers. Previously, from July 2006 until July 2007, he was a Managing Director of Greenbriar Equity Group, LLC, a private equity firm focusing on transportation and transportation related investments. Prior to July 2006, Mr. Howard was a Managing Director of Credit Suisse First Boston LLC (“CSFB”), an international provider of financial services. He had been with CSFB and its predecessor companies since 1986. As a Managing Director in the Global Industrial and Services Investment Banking Group, he was an advisor to several of the company's most important clients on mergers and acquisitions, corporate finance and capital raising assignments. In 2012, Mr. Howard joined the board of directors of Military Parts Exchange LLC (“MPE”), a privately held company that is a global supplier and service provider of military aircraft parts for multiple platforms and engines, and he was recently named President of MPX/ Dynatech Holdings LLC, the holding company of MPE.
Alexander Grinberg	Mr. Alexander Grinberg is Director of Movado Group Inc., since April 11, 2011. He joined the Company in December 1994 as a territory manager for the Movado brand and was promoted to Vice President of International Sales for the Concord brand in June 1996. From February 1999 through October 2001 he was stationed in the Far East developing Movado Group brands in Hong Kong and Japan. Beginning in November 2001 he held a number of positions of increasing responsibility within the Concord brand in the United States until November 2010 when he was appointed to the position of Senior Vice President of Customer/Consumer Centric Initiatives with responsibility for creating programs to enhance the Company’s relationships with its retail partners and improve its worldwide customer service and after sales service performance.
Margaret Adame	Ms. Margaret Hayes Adame is Independent Director of Movado Group Inc., since September 8, 1993. She is the President and Chief Executive Officer of Fashion Group International, Inc., an international, non-profit trade organization working with the fashion industry, which she joined in March 1993. From 1981 to March 1993, Ms. Hayes Adame was a Senior Vice President and general merchandise manager at Saks Fifth Avenue, a retailer. For more than 19 years, she was also a member of the board of directors of International Flavors & Fragrances, Inc., a manufacturer and supplier of flavors and fragrances for the food, beverage, personal care and household products industries. She also serves on the Board of Trustees of Montefiore Medical Center.
Richard Isserman	Mr. Richard Isserman is Independent Director of Movado Group Inc., since June 27, 2005. He had a distinguished career of nearly 40 years with KPMG LLP and for 26 years served as Audit Partner in KPMG’s New York office. He also led KPMG’s real estate audit practice in New York and was a member of the firm’s SEC Reviewing Partner’s Committee. Mr. Isserman retired from KPMG in June 1995. A licensed New York state CPA, Mr. Isserman also serves as the chairman of the budget and finance committee and a member of the audit committee for Federation Employment and Guidance Services, a social service agency in New York City.
Nathan Leventhal	Mr. Nathan Leventhal is Independent Director of Movado Group Inc., since November 25, 2003. He served as Chief of Staff to Mayor John Lindsay, Deputy Mayor to Mayor Ed Koch, and Transition Chairman for both Mayors David Dinkins and Michael Bloomberg. He currently chairs Mayor Bloomberg’s Committee on Appointments and was a Commissioner on the New York City Planning Commission from 2007 to 2011. He also currently serves on the boards of a number of equity, fixed income and money market funds managed by the Dreyfus Corporation, an investment advisor. Mr. Leventhal is a former partner of the law firm Poletti Freidin Prashker Feldman & Gartner. Other New York City governmental positions held by Mr. Leventhal include Fiscal Director of the Human Resources Administration, Commissioner of Rent and Housing Maintenance, Commissioner of Housing Preservation and Development, and Secretary of the New York City Charter Revision Commission. In Washington, D.C., Mr. Leventhal served as an attorney in the Office of the Air Force General Counsel, Assistant to the Executive Director of the Equal Employment Opportunity Commission, and Chief Counsel to the U.S. Senate Subcommittee on Administrative Practice and Procedure. In the not-for-profit sector, Mr. Leventhal served for 17 years as President of Lincoln Center for the Performing Arts, where he is now President Emeritus and Chairman of the Avery Fisher Artist Program.
Donald Oresman	Mr. Donald Oresman is no longer Independent Director of Movado Group Inc., effective June 13, 2013. He was Executive Vice President and General Counsel of Paramount Communications, Inc., a publishing and entertainment company, from December 1983 until his retirement in March 1994. Prior to joining Paramount, Mr. Oresman was engaged in the practice of law as a partner of Simpson Thacher & Bartlett. Mr. Oresmans’ career at Simpson Thacher spanned several decades in which he represented corporate clients in the areas of federal securities law, mergers and acquisitions and other general corporate matters.
Maurice Reznik	Mr. Maurice S. Reznik is Independent Director of Movado Group Inc., since April 11, 2011. He has served as the Chief Executive Officer and a member of the board of directors of Maidenform Brands, Inc., a global intimate apparel company, since July 2008. From May 2004 until assuming his current position as CEO, he was President of Maidenform Brands with responsibility for marketing, merchandising, design and sales for both branded and private label products. From April 1998 to May 2004, Mr. Reznik was President of the Maidenform division of Maidenform Brands’ predecessor company and, in the 19 years prior to joining Maidenform, held various sales and management positions in the intimate apparel industry, including President of Warner’s Intimate Apparel Group, a division of Warnaco, Inc., a global intimate apparel, swimwear and sportswear company. With over 30 years of experience working in positions of increasing responsibility in the intimate apparel industry and as the CEO of a public, consumer products company, Mr. Reznik has experience in product design and sourcing, wholesale, retail, brand development and merchandising as well as in core business areas such as strategy and business development, operations, brand management, finance, compliance and risk management, all of which make him well qualified to serve on the Board. Mr. Reznik is also the founder of the For Love of Life Colon Cancer charity and serves on the boards of Dignity U Wear, Queens College and the American Apparel and Footwear Association and Fashion Institute of Technology.
Leonard Silverstein	Mr. Leonard L. Silverstein is no longer Independent Director of Movado Group Inc., effective June 13, 2013. He has been engaged in the practice of law at Buchanan Ingersoll & Rooney (formerly Silverstein and Mullens), in Washington, D.C., for over 40 years. Mr. Silverstein also serves as Vice President and Director of Tax Management, Inc., a wholly owned subsidiary of BNA, Inc. He is also an officer of the French Legion of Honor, a former Vice Chairman and currently an active honorary trustee of the John F. Kennedy Center for the Performing Arts, Past President of the Alliance Francaise of Washington, formerly President and currently a director of the National Symphony Orchestra Association, Treasurer of the Madison Council of the Library of Congress and President, French-American Cultural Foundation.

Basic Compensation

Name	Fiscal Year Total
Efraim Grinberg	3,203,940
Richard Cote	1,923,730
Sallie DeMarsilis	1,052,420
Frank Morelli	1,003,420
Timothy Michno	620,157
Alan Howard	--
Alexander Grinberg	--
Margaret Adame	--
Richard Isserman	--
Nathan Leventhal	--
Donald Oresman	--
Maurice Reznik	--
Leonard Silverstein	--

As Of 30 Jan 2013

Options Compensation

Name	Options	Value
Efraim Grinberg	1,101,402	5,871,650
Richard Cote	838,932	5,716,310
Sallie DeMarsilis	0	0
Frank Morelli	0	0
Timothy Michno	63,242	432,496
Alan Howard	0	0
Alexander Grinberg	0	0
Margaret Adame	0	0
Richard Isserman	0	0
Nathan Leventhal	0	0
Donald Oresman	0	0
Maurice Reznik	0	0
Leonard Silverstein	0	0

Insider Trading

Name	Shares Traded	Price
LEVENTHAL NATHAN	3,016	$34.60
MICHNO TIMOTHY F	1,350	$34.90
COTE RICHARD J	2,228	$30.52
GRINBERG EFRAIM	23,503	$0.00
ORESMAN DONALD	2,300	$0.00
GRINBERG ALEXANDER	1,215	$0.00
REZNIK MAURICE S	2,300	$0.00
MICHNO TIMOTHY F	3,412	$0.00
COTE RICHARD J	12,067	$0.00
ISSERMAN RICHARD D	2,300	$0.00
LEVENTHAL NATHAN	2,300	$0.00
DEMARSILIS SALLIE A	5,695	$0.00
HOWARD ALAN H	2,300	$0.00
SILVERSTEIN LEONARD L	2,300	$0.00
PHALEN MIRIAM GRINBERG	1,607	$0.00
MORELLI FRANCIS ANTHONY	5,554	$0.00
ADAME MARGARET HAYES	2,300	$0.00
PHALEN MIRIAM GRINBERG	1,568	$31.43
DEMARSILIS SALLIE A	1,823	$31.43
GRINBERG ALEXANDER	1,226	$13.43
MICHNO TIMOTHY F	835	$31.43
MORELLI FRANCIS ANTHONY	1,781	$31.43
COTE RICHARD J	169,388	$0.00
COTE RICHARD J	169,388	$0.00
GRINBERG EFRAIM	1,700	$30.24

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People: Movado Group Inc (MOV)

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Summary

Biographies

Basic Compensation

Options Compensation

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