Swatch Group: Additional members named to the Executive Group Management Board and to the Extended Group Management Board
Biel/Bienne (Switzerland), July 17, 2019 - The Board of Directors of the Swatch Group made the following appointments to its Executive Group Management Board and the Extended Group Manage-ment Board:
- Peter Steiger, Chief Controlling Officer (CCO) and already member of the Extended Group Management Board,
has been appointed member of the Executive Group Management Board.
- Mireille Koenig, co-Chief Legal Officer (CLO),
- Daniel Everts, co-Chief Legal Officer (CLO),
- Roger Juillet, CEO of Nivarox-FAR and member of the Management Board of ETA,
- Lionel a Marca, Vice-President and Head of Technical and Development Management for Blancpain and Harry Winston,
have been appointed members to the Extended Group Management Board.
Appointments are effective as of August 1, 2019. The appointees’ previous responsibilities will be retained and unchanged.
Group net sales of CHF 4 078 million, -3.7% at constant exchange rates compared to a very strong previous year, and -4.4% at current rates. Operating result of CHF 547 million, -13.0% to the previous year. Operating margin amounted to 13.4% versus 14.7% in the previous year. Net income of CHF 415 million, -11.3% to the previous year, with a net margin of…
Swatch Group: Decisions taken by the Swatch Group shareholders at the Ordinary Assembly General Meeting of Thursday, May 23, 2019 at the Tissot Velodrome in Grenchen, Switzerland. At its today's Ordinary Assembly General Meeting, the shareholders of the Swatch Group Ltd. approved all proposals submitted by the Board of Directors with a large majority (…
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