New Head Corporate Development at the Oettinger Davidoff Group

BASEL, Switzerland, Oct. 20, 2011 /PRNewswire/ -- Alex Lejeune has been appointed Senior Vice President Corporate Development within Oettinger Davidoff Group, effective October 24, 2011. He has spent the last 5 years with Cerberus Capital Management in New York, where he was leading the operations designed to support all investments from due diligence to monetization. He also designed and rolled out compensation and performance management systems and processes. Earlier in his career Alex was a Senior Associate at McKinsey & Co. in the US and prior in Corporate Finance with Schneider Electric in France. Alex holds an MBA from the Tuck School of Business at Dartmouth College in New Hampshire (USA) and a Masters Degree in Organizational Sciences from the University of Paris, Dauphine (France), and a Bachelor degree from EDHEC (France).

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Hans-Kristian Hoejsgaard, CEO and President of Oettinger Davidoff Group, says: "In this new key role within the Oettinger Davidoff Group, Alex Lejeune will be responsible for business development, talent development, strategic planning and project management. His deep experience acquired at different leading positions with renowned companies makes him ideally suited to tackle the challenges placed on him in this newly created position."

Alex Lejeune adds: "I am delighted to join the Oettinger Davidoff Group and the team built around Hans-Kristian Hoejsgaard. This team is very fortunate to join a Group with strong foundations and exciting opportunities. I look forward to working with everyone and building together a dynamic organization able to forge lasting relationships with strong professionals and business partners alike."

The CHF 1.3 billion Oettinger Davidoff Group with almost 4,000 employees around the world, traces its roots back to 1875 and remains family owned to this day with two distinctly different businesses: one that is focused on FMCG distribution in the Swiss market and one dedicated to the core business of producing, marketing and retailing premium branded cigars, tobacco products and accessories. The premium branded cigar business include Davidoff, AVO, Camacho, Cusano, Griffin's, Private Stock, Zino, Zino Platinum and Winston Churchill Cigars. The Oettinger Davidoff Group is anchored in a strong "crop-to-shop" philosophy, having pursued a vertical integration from its tobacco fields in the Dominican Republic and Honduras to its world wide network of 65 flagship stores.

SOURCE Oettinger Davidoff Group