Right on Time: Tourneau Names New CEO

Luxury brand leader Ira Melnitsky joins Tourneau, the world's leading retailer of luxury timepieces

Oct 08, 2013, 10:00 ET from Tourneau LLC

NEW YORK, Oct. 8, 2013 /PRNewswire/ -- Tourneau LLC, the world's leading retailer of luxury timepieces for more than a century, announced today that Ira Melnitsky has been named Chief Executive Officer.  Mr. Melnitsky will join Tourneau on October 16th, 2013. Tourneau Chairman, Robert Wexler, said, "Ira has 24 years of experience in luxury retailing, multi-brand environments and accessories having served in leadership roles at Tumi, Salvatore Ferragamo Li & Fung and Lord & Taylor.  We believe he will do a great job of serving our customers and representing Tourneau's partner brands." Mr. Melnitsky began his career as an accessories buyer at Lord & Taylor and was most recently the President of the Home and Better Handbag divisions of LF USA.  Mr. Melnitsky said, "I am very excited to join the Tourneau team.  Tourneau has a 113 year history in fine watch retailing and a leading position in the US market.  I look forward to working with the executive team and the board to build on the successes Tourneau has already achieved."

(Photo:  http://photos.prnewswire.com/prnh/20131008/NY93127 )

About Tourneau:
Established in 1900, Tourneau is the leading retailer of luxury watches in the United States, offering more than 80 world famous brands, including Rolex, Patek Philippe, Cartier, Vacheron Constantin, Jaeger-LeCoultre, Breguet and Breitling, in more than 8,000 unique styles.  The company's thirty plus stores also sell Certified Pre-Owned timepieces and watches under the Tourneau brand name.  Considered "The Watch Authority" Tourneau is known for the extensive selection of quality timepieces and unparalleled customer service.

Larry H. Barkley, Sr.                                                                        
Senior Vice President, Retail                                                                    
Tel: (212) 758-6022                         
Email: lbarkley@tourneau.com