Aldo Magada is stepping down from his position as CEO and Chairman of Zenith, a role now taken over by Jean-Claude Biver (pictured), former President of the Watch Division of the LVMH Group. On this subject, Biver himself said: "I would like to inform everyone of the departure of Aldo Magada from his position as CEO and President of Zenith. This decision was taken by mutual agreement and I would like to sincerely thank Mr Magada for his contribution and at the same time wish him every success in the continuation of his professional career. I have personally taken over his position on an interim basis. I want to be more involved and activate more synergies between the Group's brands. I will work to provide Zenith with the lustre it deserves".