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Swatch Group: changes to the Extended Group Management Board

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.

Source: Swatch Group
www.swatchgroup.com