Change in the Executive Group Management Board

Swatch Group

Swatch Group: change in the Executive Group Management Board

Biel (Switzerland), April 6, 2016 – Dr. Hanspeter Rentsch, a Member of the Executive Group Management Board of the Swatch Group, is retiring from his post at the end of August 2016, as he has given nearly 40 years of excellent and loyal service to the Group.

Appointed by the Swatch Group's Board of Directors, Dr. Hanspeter Rentsch will continue to represent the Group on the Executive Committee of Economiesuisse, as well as on the Executive Boards of the Swiss Employers' Association, the Swiss section of the International Chamber of Commerce (ICC), and the Federation of the Swiss Watch Industry FH.

Related news

Annual Report 2019

Annual Report 2019

Biel / Bienne (Switzerland), March 19, 2020 – The 2019 Annual Report of The Swatch Group Ltd is now available.   Download here: Swatch Group – Annual Report 2019   In order to reduce the number of hard printed copies of our annual report, thereby contributing to preserving the environment, we encourage you to download the PDF version of the Swatch Group…

Swatch Group: Key Figures 2019

Swatch Group: Key Figures 2019

Group net sales of CHF 8 243 million, -1.8% in comparison to the previous year at constant ex-change rates, or -2.7% at current rates.  Operating result of CHF 1 023 million, -11.4% to the previous year. Operating margin amounted to 12.4% versus 13.6% in the previous year. Net income of CHF 748 million, -13.7% to the previous year, with a net margin of 9.…

Mechanical movements: COMCO’s dictate harms the Swiss watch industry

Mechanical movements: COMCO’s dictate harms the Swiss watch industry

Biel/Bienne (Switzerland), December 18, 2019 - The Competition Commission (COMCO) wants to prohibit Swatch Group or its subsidiary ETA from supplying mechanical movements to third parties in 2020. COMCO has always obligated ETA to supply its customers with movements and now it intends to prohibit it from doing so for the whole of 2020.  The provisional…