CHRONEXT, appointed Jacob Fonnesbech Aqraou as chairman of its board who brings expertise in fast-growing tech companies and marketplaces.
Mr Fonnesbech Aqraou has been a serial investor and advisor in European technology businesses for the past five years following 13 years at eBay, where he rose to become senior vice president for eBay marketplaces in EMEA.
Along with his new role with CHRONEXT, he remains deputy chairman at TeamViewer, chairman of Wallapop, Phase One and Capture One.
He is also an active member of the supervisory board of DenmarkBridge, which fosters deep relationships into Silicon Valley.
CHRONEXT has also announced that Hamdi Chatti is joining its board.
Mr Chatti is a luxury specialist, having spent over 25 years in leadership positions with Richemont and LVMH brands including Cartier, Piaget and Montblanc, Harry Winston and LVMH Jewellery and Watches.
He was chairman of Damas Jewellery, one of the Middle East’s largest jewellers, until the end of last year and he remains chairman of Gübelin.
“We are very pleased to have Jacob Fonnesbech Aqraou and Hamdi Chatti, two outstanding experts in their field, join the CHRONEXT board. As a proven specialist in digital marketplaces, Jacob will provide us with crucial support in further strengthening CHRONEXT’s growth. In addition, we have Hamdi, an excellently networked manager in the luxury goods industry, as a new member of the board. His expertise will help us to further deepen our partnerships and to drive our vision for the digital luxury watch trade.” says Philipp Man, CEO and co-founder of CHRONEXT.
Mr Fonnesbech Aqraou believes CHRONEXT is well positioned for the way people will buy luxury goods in the future. “CHRONEXT has a deeply intermediated model perfectly suited for high value items, giving the buyer peace of mind. This has led to significant growth in recent years. I believe the digital market for luxury watches has tremendous potential with this model and I look forward to help expand the market leadership of CHRONEXT.”
Mr Chatti adds: “CHRONEXT’s concept of combining the best of digital and stationary retail is a glimpse into the future of the luxury watch market. There are many opportunities for brands to participate, especially in the CPO watch segment, which continues to grow at a fast pace. Therefore, I look forward to an exciting new role and the opportunity to support CHRONEXT with determination and passion.”