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Press Release

Swatch Group: changes to the Extended Group Management Board

Biel-Bienne, 27 February, 2008

The Executive Group Management Board of Swatch Group is making the following staff changes in the Group’s production division, effective as of March 1, 2008:
Mr. Thomas Meier, previously responsible for ETA SA, is being appointed to the top management of Frédéric Piguet SA, the Group's movement manufacturer in the top segment. He will remain a member of the Swatch Group’s Extended Group Management Board.
His successor taking on responsibility for ETA SA will be Mr. Pierre-André Bühler, previously operational manager of Nivarox-FAR SA. In this function, Mr. Bühler will also be a member of the Swatch Group’s Extended Group Management Board.
Responsibility for Nivarox-FAR will be assumed by Mr. Thierry Straehl, who was previously responsible for the area of finance in the same company. In addition, the top management of Nivarox-FAR will be reinforced by the addition of Mr. Marco Verardo and Mr. Roger Juillet.


Contacts:
Swatch Group Media:
Béatrice Howald, Spokesperson
Tel. +41 32 343 68 33
fax +41 32 343 69 22
E-mail: press@swatchgroup.com

Swatch Group Investors:
Edgar Geiser, CFO Thomas Du"rr, Corporate Treasurer
Tel. +41 32 343 68 11
fax +41 32 343 69 16
E-mail: investor.relations@swatchgroup.com

 

 

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