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Stephen Urquhart Retires—Who’s the New President of Omega?

 

 

As dozens of watchmaking executives are reaching their 70s, a new generation of men will begin managing these luxury timepiece companies over the next several years.

They are faced with new challenges in the advancing watch industry, dealing with everything from smartwatches to the conflict between artisan craft and 3-d printing technology.

 

Omega is one of the watch brands currently experiencing this change. After almost 17 years of successfully leading Swatch Group AG’s Omega brand, Stephen Urquhart is retiring as president of this luxury watch company. Urquhart, who turns 70 next month, will continue to consult of work on special projects with Omega, according to Bloomberg.

 

While Urquhart has worked with a variety of watch brand over the years, his career began and finished with Omega. It all started in 1968 when he first joined Omega, long before Swatch owned it. After 6 years, he then moved on to Audemars Piguet where he stayed for 15 years and became the chairman for the company. In 1989, he moved onto Jaeger-LeCoultre and then for Swatch group when he started at Blancpain. Just as the brand added the coaxial escapement to their timepieces, Urquhart was chosen to lead Omega.

 

Because of the success Urquhart has brought Omega, his retirement can seem “somewhat disappointing” to some,  according to Zuzanna Pusz, an analyst at Berenberg in London. While other Swiss watch brands have seen executive changes in the past several years, Urquhart has lead Omega into success for a decade and a half. Under his management, Omega has opened more than 200 stores across the globe. In 2014, Omega’s sales were about $2.3 billion, surpassed only by Rolex’s 4.5 billion.

 

 

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During his time, Urquhart has aimed to appeal to a younger crowd, luring in a new generation of watch lovers. Working starts like George Clooney, Nicole Kidman, and more recently Eddie Redmayne, he has accepted the challenges of capturing the attention of all ages with Omega timepieces. Plus, he unveiled 2 new 007 timepieces last year, and he’s peaked more interest in women by reintroducing the Omega Ladymatic.


Obviously, the next executive has some big shoes to fill, even if Urquhart is around advise the brand. But Swatch is confident about the man next in line —Raynald Aeschlimann. As a brand veteran of Omega with 20 years of experience under his belt, Omega will stay right on track with Aeschlimann.

You’ll Never Guess What Watches These Celebrities Wear

In a world wear crazes begin in Hollywood, it’s impossible to miss those flashy and impressive watches worn on the wrists of the rich and famous. It comes to no surprise that celebrities wear some of the most luxurious watches money can buy. Sure, some celebrities are endorsed by big brand names to wear their best watches. But most celebrities can be seen wearing luxury brand name timepieces because of personal preference and appreciation for artisan horologix.

 

Want to know what some of the biggest celebrities have adorned on their wrists? Below we’ve listed a few famous individuals who wear some seriously stunning watches:

 

 

Robert Downey Jr.

Of course, you should expect nothing less than a Jaeger LeCoultre timepiece on Tony Stark’s wrists. While promoting the second and third Iron Man films, actor Robert Downey Jr. was seen wearing several watches of this brand. Here he’s wearing the Jaeger LeCoultre Amvox 3.

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Beyonce

Obviously, Beyonce needs a watch that’s as “flawless” as she is. A Hublot Big Bang is impressive; we all know that. But her husband Jay-Z knew that she’d want something more than amazing, which is why her gave her a $5 million diamond encrusted Big Bang.

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Daniel Craig

The more recent James Bond films have actor Daniel Craig wearing an iconic Omega watch. Here he’s showing wearing the timepiece from his latest movie, the Omega Spectre. (You can check out an in-depth review of the Omega Spectre here.)

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Brad Pitt and Angelina

Patek Phillippe is a brand that didn’t have to endorse this celebrity couple to get their name out there. Brad Pitt is seen on many occasions sporting his Patek Philippe Nautilus. He enjoys the brand so much that he got his beloved Angelina Jolie a Patek Philippe Minute Repeater for $390,000. If that ain’t love, I don’t know what is.

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Leonardo DiCaprio

This superstar has had an amazing career in the film industry, starring in dozens of blockbusters of the years. So, that makes him a prime candidate for showing off some powerful timepieces. The brand that has captured his appreciation is none other than Tag Heuer. He often wears the Carrera Chronograph, which is shown below.

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What do you think of these celebrity watches? Leave your thoughts in the comments below!

Top 10 Favorite Watches in America

Ever wonder what America’s favorite watches are? Chronolytics published an overview of the top 50 most popular watch brands in the USA. Here we’ve listed the top 10 from their list to explain why they’re our favorites too:

 

1. Rolex

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Of course, is should come to no surprise that Rolex makes the top of the list. Since it was founded in 1905 by Alfred Davis and Hans Wilsdorf, Rolex has grown to be one of the largest single luxury watch brands, producing about 2,000 watches per day. Every timepiece crafted in their facility is created with the finest materials, advanced technology, and a classic artisan style.

2. Omega

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Known for a variety of styles that range from classic to more contemporary looks, Omega makes it easy to find a watch that suits anyone. Crafted with innovation and class, Omega is known for having famous wearers such as Prince William, Buzz Aldrin, John F. Kennedy, and James Bond in his films since 1995.

 

3. Breitling

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Breitling has long since been the leader of precision-made chronometers in the watchmaking world. Their intricately crafted instruments are created specifically towards aviation (Navitimer) and diving (SuperOcean).

 

4. Patek Philippe

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As one of the most prestigious watch brands in the world, Patek Philippe produces watches with extremely complicated movements and features. Because they are one of the few privately owned Swiss watch manufacturers, their creative freedom allows them to craft truly unique and stunning timepieces.

 

5. Cartier

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The jewelry and watches crafted by Cartier are often associated with those of Royalty. Every accessory they create has elegance, class, and prestige that will have everyone’s head turning.

 

6. Audemars Piguet

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Audemars Piguet is one of the most prominent Swiss watchmakers in the world, They are known for holding true to their roots: every luxury watch is crafted with old-fashioned handmade techniques. Still, they boast a bold, modern style in their latest collections.

7. Panerai

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The best things in life comes from Italy: food, wine, and luxury timepieces. Panerai has been making rustic, handmade watches since it was founded in Florence during the 1860s. Their casual yet adventurous style comes from Panerai’s history as a supplier to the Royal Italian Navy.

8. IWC

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To combine the modern engineering of the US with the artisan craftsmanship of the Swiss, Florentine Ariosto Jones founded the International Watch Company. Every watch they create meets their official motto “Probus Scafusia”, meaning “Good, solid craftsmanship from Schaffhausen.”

 

9. Jaeger-LeCoultre

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A watch by Jaeger-LeCoultre goes beyond a clean, sharp style. Known for having hundreds of inventions and thousands of calibres under its name, it boasts the world’s most complicated wristwatch and the world’s smallest calibre.

 

10. TAG Heuer

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Each timepiece by TAG Heuer is designed for a gentlemen with a sleek, sharp style. The extremely precise complications and features make TAG Heuer’s instruments some of the most desirable in the US.