CNBC:

Apple has hired the sales director of luxury Swiss watch maker TAG Heuer to help with the launch of its new iWatch, as the technology group intend on using the prestigious “Swiss made” label to market its new gadget, the head of LVMH’s watch brands Jean-Claude Biver told CNBC.

Check out the video below, in which Biver talks about the importance of talent. I think Biver has the right attitude here. He regrets losing a talented person, but he recognizes the value in moving on for a better opportunity.