Vahé Vartzbed Appointed CEO of HYT Watches

Founded in 2012, HYT, the independent Swiss watch brand has developed an original and exclusive technology which combines a mechanical movement with a retrograde time display which uses fluid circulating through a system of capillary tubes.

HYT Watches is delighted to promote Vahé VARTZBED, who joined the Neuchâtel brand at the end of August 2023, to the role of CEO, from 1st July 2024.

Bolstered by his extensive prior experience and the time spent in his role over the past year, Vahé's goal is to continue to develop the brand's strategy and ambitions as it moves towards new chapters in its history, the first of which – the T1 Series – was unveiled in April 2024.

Fascinated by this absolutely unique universe, which has been combining watchmaking tradition with fluid innovation since its creation in 2012, I am deeply honoured to continue building the next chapters in the history of HYT Watches, a process we started with our team from my arrival last year. My aim is to perpetuate the brand's disruptive and creative spirit, by continually expanding the watchmaking offering with more content and innovation. »

This appointment also means the following organisational changes can be announced:

• Vincent PERRIARD, who took on an executive role from the end of November 2022, will resume his responsibilities as Chairman of the Board of Directors, with a particular focus on products and marketing, from 1st July 2024, and remains a member of the Steering Committee.

• After more than 8 years at HYT Watches, Frank HENCHOZ has been promoted to the position of Director of Operations and will be in charge of Production and Product development, from 1st June 2024.

• Antoine SERRA, who joined the company over 7 years ago, has also been promoted internally, becoming the Workshop Manager from 1st June 2024. New members will be added to the watchmaking team in the near future.

• A person in charge of managing the American markets will also complete the sales team to provide local support for development within this important region.

• HYT Watches would also like to take this opportunity to thank Nicolas SESTITO for the work completed under his supervision over the last two years, in particular on the new T1 Series collection, launched at Watches & Wonders 2024, which represents an important new chapter in the brand's history.

About Vahé VARTZBED

Vahé VARTZBED was born in Geneva in 1985 and is of Armenian heritage. After obtaining a Masters in the Science of Management (Geneva School of Economics and Management) in 2009, he started his career in watchmaking in Dubai at Roger Dubuis, covering the MENAI zone.

In 2013, Vahé VARTZBED returned to Switzerland to oversee sales and commercial development in America, Europe and the Middle East, directly from the headquarters of Roger Dubuis.

From 2015 to 2020, he held a number of different roles at Girard-Perregaux, including Sales Manager for Europe and Head of Haute Horlogerie.

Then, from 2020 to 2023, he was put in charge of sales in Asia, Europe and certain Middle Eastern markets at Greubel Forsey.

Vahé VARTZBED was appointed General Manager of HYT Watches in August 2023.