Change in the Executive Management Board
Mr. Roland Streule, member of the Executive Management Board of The Swatch Group Ltd, retired at the end of March 2012.
For some time now, Mr. Streule had planned to leave at the age of retirement at the end of March 2012. Mr. Streule was responsible for the Rado brand until 2010. In 2011, he was in charge of the integration and expansion of the Swatch Group distribution company in South Africa. The company had been taken over 100% in 2009. Mr. Streule worked in the Swatch Group for thirty-four years, in various functions.
Mr. Streule will represent Swatch Group in the Board of the Association of Swiss Watchmakers VdU for another year.
Related news
Proposed appointment of Andreas Rickenbacher to the Board of Directors
Swatch Group will propose the appointment of Mr. Andreas Rickenbacher as a new member of its Board of Directors at the next Annual General Meeting, which takes place on May 12, 2026. This proposal is in line with the Group's desire to strengthen its governance and benefit from additional expertise within its Board of Directors. Andreas…
Key Figures 2025
Net sales of CHF 6 280 million, -1.3% at constant exchange rates compared to the previous year (-5.9% at current rates)1). Negative currency impacts of CHF 308 million. Excellent performance in the second half of the year with sales growth of 4.7% at constant exchange rates. Strong acceleration in the fourth quarter with sales up 7.2% worldwide…
Half-Year Report 2025
Net sales of CHF 3 059 million, -7.1% against the previous year at constant exchange rates and on a comparable basis1) (-10.4% at current rates). Negative currency impact of CHF -113 million. Operating profit of CHF 68 million (previous year: CHF 204 million). Operating margin of 2.2% (previous year: 5.9%). Net income of CHF 17 million (…