Swatch Group Faces Leadership Challenge Amid Share Price Decline

Activist investors question management as Swatch shares drop 24% amid luxury market slowdown and governance concerns.

Swatch Group shares have fallen from a 2014 peak of nearly CHF 600 to CHF 147.85.
The Hayek family owns 25% of the shares but controls 44% of the voting rights.
Steven Wood of GreenWood Investors is seeking election to the board of directors.
Nick Hayek has served as CEO since 2003, and Nayla Hayek has chaired the board since 2010.
Swatch Group owns 16 watch brands, including Omega, Longines, and Tissot.

75%

drop in net profit

24%

share price decline

CHF 7.7 billion

current valuation

0.5%

share ownership

"In German we say beratungsresistent: resistant to advice. That is the essence of the problem... it is a sad story."
— Oliver Müller

"Swatch was only being run for one shareholder."
— Steven Wood

The Empire Bleeds: Profits Collapse as Investors Flee