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.
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…
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.…
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…