New Delhi: Watch company, Timex Group India said its board has announced the appointment of Kapil Kapoor as the firm's new Chairman. Kapoor, who is also the Chief Operating Officer Global Business Development of Timex Group U.S., has been holding the position of the Vice Chairman of Timex India since 2009. "He was running the operations of Timex India as the Managing Director during 2000-2008 and is credited with leading the turnaround of the Indian operation," the company said in a statement. Kapoor began his career 24 years ago with Nestle and then moved on to Bausch & Lomb where he was part of the start up team that launched Ray Ban sunglasses and the vision care range in India. An MBA from IIM-Ahmedabad, Kapoor holds a bachelor's degree in Economics from Delhi University, the statement added.