RAPAPORT... Fawaz Gruosi, the founder of De Grisogono, has stepped downfrom his position as board director and left the company, the Swiss-basedjeweler said. Gruosi had been gradually shifting away from day-to-dayoperations for some time, De Grisogono added. Fawaz's departure leaves newlyappointed CEO C?(C)line Assimon in charge, said Elmar Wiederin, chairman of the DeGrisogono board. The jeweler also appointed Keith Rosen as general manager forthe Americas. He will oversee operations in the US, Canada, Latin America andthe Caribbean, and assist the company with its expansion plans in the Americasregion. He was previously North America vice president for Piaget, a Richemont-ownedwatch and jewelry brand. Image: Fawaz Gruosi. (De Grisogono)