Rodolphe Cattin leaves Franck Muller group

14 october 2009 - source National Jeweler

octobre 14, 2009

New York--Rodolphe Cattin, founder of the Rodolphe Montres and Bijoux watch company and the Rodolphe and Co. design studio--two entities owned by the Franck Muller group--has announced he will be quitting all operational activities within the group come the end of October.

Cattin, however, will remain a minority shareholder in both Rodolphe Montres and Bijoux and Rodolphe and Co.

A press release issued by Cattin pointed to what he described as a "series of disappointments" endured over the last half of the four-year time period since the Franck Muller group acquired a majority share of Cattin's companies.

"It is with a mixture of sadness and relief that I am leaving the group with which we became associated four years ago, because I no longer sense that the group has any wish to develop the brand bearing my name," Cattin said in a media release. "The same is indeed true of all the other 'small' brands within the Franck Muller group."

Franck Muller did not respond to requests for comment.

Rodolphe Cattin is parting ways with the
Franck Muller group but will remain a minority
shareholder in the companies that carry his name.