MDT
584
I do not understand how Stephen Forsey gets fired by his eponymous brand?
Wonder what you folks think it will mean for the future
of the company and its watches? Will their watch values plummet? Company getting ready to be sold? Also isnt Stephen much younger than Robert Greubel - he is closer to retirement age?
Whole thing seems sad to me, as I am a huge fan of their work
Stephen Forsey steps down from company board
After more than 25 years of personal investment in the extraordinary adventure of creating exceptional watches, following strategic and management changes, the board of directors has regrettably disengaged me from my operations at Greubel Forsey and termi...
I do not understand how Stephen Forsey gets fired by his eponymous brand?
Wonder what you folks think it will mean for the future of the company and its watches? Will their watch values plummet? Company getting ready to be sold? Also isnt Stephen much younger than Robert Greubel - he is closer to retirement age? Whole thing see...
It's a crazy thing. I don't know what is going on behind the scenes but I have not been impressed with their direction since Calce joined and his joining seems to have been driven by Robert Greubel
Watching from the outside this seems to have really gotten started when Calce joined. He helped with the Richemont buyout adsorbing some of the share repurchase which then redistributed ownership across Greubel, Forsey, and Calce. Then Robert and Stephen ...
Doesn’t sound fully amicable 🤷🏻♂️
And seemingly neither the first, nor possibly the last time something like this happens. PSM comes to mind, too…
I suppose…
If it’s a partnership or you get external investors this is always a (theoretical) risk 🤷🏻♂️
