Swatch Group Executive Management Board
Change in Executive Management Board
Biel / Bienne (Switzerland), February 10th 2012 – At its last meeting, the Board of Directors of The Swatch Group Ltd appointed Mr Thierry Kenel member of the Swatch Group Executive Management Board. Mr Kenel was previously member of the Extended Management Board. He took over as Chief Financial Officer when Mr Edgar Geiser retired in 2009.
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Annual Report and Sustainability Report
The 2023 Annual Report of The Swatch Group Ltd is now available on our website.Download here: Swatch Group 2023 Annual Report Concurrently, Swatch Group is also publishing its 2023 Sustainability Report according to GRI standards.Download here: Swatch Group 2023 Sustainability Report
Elections to the Board of Directors at the next Ordinary General Meeting
Swatch Group proposes to the next Ordinary General Meeting of Shareholders on 8 May 2024 the re-election of all the members of its Board of Directors and the election of Marc A. Hayek as a new member of the Board. Marc A. Hayek has been a member of the Management Board since 2005 and is CEO of Blancpain. Marc A. Hayek is also President of the…
Swatch Group: Key Figures 2023
Net sales up by 12.6% at constant exchange rates, or 5.2% at current rates to CHF 7 888 million. Sales growth of over 8% in the fourth quarter in local currencies. Despite huge exchange rate impacts, the Watches & Jewelry segment (including Production) achieved the same strong operating margin of 17.2%. Operating profit of CHF 1 191…