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19 (Bloomberg) -- Rolex SA, the Swiss watchmaker, named Finance Director Bruno Meier as head of management after Chief Executive Officer Patrick Heiniger resigned, ending almost half a century of leadership under the Heiniger family. Meier will be responsible for running the company along with the board of directors replica Baume Mercier MOA08611 WoMen's watch and management, Geneva-based Rolex said in an e-mailed statement today. This year will have been a "record" under Heiniger's leadership, the watchmaker added. One of Meier's first tasks will be to protect Rolex's market share as the wealthy cut spending on luxury goods.

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