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The Swatch Group AG (0QJV.L)

LSE - LSE Delayed price. Currency in CHF
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245.92+2.02 (+0.83%)
At close: 05:45PM GMT

The Swatch Group AG

Seevorstadt 6
P.O. Box 1232
Biel/Bienne 2501
Switzerland
41 32 343 68 11
https://www.swatchgroup.com

Sector(s)
Industry
Full-time employees33,602

Key executives

NameTitlePayExercisedYear born
Mr. Georges Nicolas Hayek Jr.President of Executive Group Management Board, CEO & Director5.66MN/AN/A
Dr. Thierry KenelCFO & Member of Executive Group Management BoardN/AN/AN/A
Mr. Francois ThiebaudChairman of Tissot Board & Member of Executive Group Management BoardN/AN/AN/A
Dr. Peter SteigerMember of Executive Group Management BoardN/AN/AN/A
Ms. Florence Ollivier-LamarqueMember of Executive Group Mgmt Board and President of Swatch Group France & France Les BoutiquesN/AN/AN/A
Mr. Marc Alexander HayekMember of Executive 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 Executive Group Management BoardN/AN/AN/A
Mr. Raynald AeschlimannMember of Executive Group Management Board and CEO & President of Omega BrandN/AN/AN/A
Mr. Calogero PolizziChief Information Officer, Head of Group IT & Member of Extended Group Management BoardN/AN/AN/A
Amounts are as of 31 December 2022, 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. The company operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. The Electronic Systems segment engages 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, 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, watch hands, bracelets, sports timing technology and equipment, precision parts, and assembly electronic components. In addition, the company engages in retail, communication, real estate, real estate 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, 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 1 February 2024 is 10. The pillar scores are Audit: 9; Board: 10; 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.