According to the FHH: Citing strategic differences between the Board of Directors and CEO Philippe Merk, Mr. Merk has left the company. The Board has appointed Mr. Francois-Henry Bennahmias as Director-General ad interim. Mr. Bennahmias joined AP in 1996 and has assumed the variety of roles for the organization, most recently successfully leading Audemars Piguet North America Inc. via its New York office. While that’s the official line, I’ll let you know if I get any of the backroom scuttlebutt. What does the mean for the sacred Royal Oak? Not a damn thing, I’d guess!
No Longer with Audemars Piguet: Philippe Merk