UK markets closed

The Swatch Group AG (0QJV.L)

LSE - LSE Delayed price. Currency in CHF
Add to watchlist
192.45+3.80 (+2.01%)
At close: 03:19PM GMT

The Swatch Group AG

Seevorstadt 6
Biel/Bienne 2501
Switzerland
41 32 343 68 11
https://www.swatchgroup.com

Sector(s)
Industry
Full-time employees31,545

Key executives

NameTitlePayExercisedYear born
Mr. Georges Nicolas Hayek Jr.Pres of Exec. Group Management Board, CEO & Director3.92MN/AN/A
Dr. Thierry KenelCFO & Member of Exec. Group Management BoardN/AN/AN/A
Mr. Francois ThiebaudChairman of Tissot Board & Member of Exec. Group Management BoardN/AN/AN/A
Dr. Peter SteigerMember of Exec. Group Management BoardN/AN/AN/A
Ms. Florence Ollivier-LamarqueMember of Exec. Group Mgmt Board and Pres of Swatch Group France & France Les BoutiquesN/AN/AN/A
Mr. Marc Alexander HayekMember of Exec. Group Management BoardN/AN/AN/A
Mr. Yann GamardMember of Extended Group Management BoardN/AN/AN/A
Dr. Mougahed DarwishMember of Exec. Group Management BoardN/AN/AN/A
Mr. Matthias BreschanCEO of Longines Brand & Member of Extended Group Management BoardN/AN/AN/A
Mr. Pierre-Andre BuhlerMember of Exec. Group Management BoardN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CHF.

Description

The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. It operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. The Electronic Systems segment is involved in the design, production, and commercialization of electronic components, as well as sports timing activities. It is also involved in the provision of assembly, research and development, administration, watch case polishing, logistics and distribution, and customer services; and hard material products, microelectronics, watch cases and crowns, miniature low-frequency quartz crystals, thin wires, miniature batteries, watch dials and bracelets, watch hands, sports timing technology and equipment, precision parts, and assembly electronic components. In addition, the company engages in retail, communication, real estate project and property management, finance, reinsurance, and art center businesses. It offers its watch and jewelry products primarily under the Breguet, Harry Winston, Blancpain, Glashütte Original, Jaquet Droz, Léon Hatot, Omega, Longines, Rado, Union Glashütte, Tissot, Balmain, Certina, Mido, Hamilton, Calvin Klein, Swatch, and Flik Flak brands. The Swatch Group AG was founded in 1983 and is headquartered in Biel/Bienne, Switzerland.

Corporate governance

The Swatch Group AG’s ISS governance QualityScore as of 26 September 2021 is 10. The pillar scores are Audit: 8; Board: 9; Shareholder rights: 10; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.