Tony Broderick will be stepping down in April.

The watch and jewellery retailer has named Craig Bolton as its new UK executive director with immediate effect. Bolton will be responsible for bringing together all of the group’s brands and operational functions facilitating its group strategies in the UK arm of the business.

Executive vice president of the US arm of the business David Hurley will continue to lead the group’s businesses across the pond. Both Bolton and Hurley will report directly to chief executive Brian Duffy.