Swatch Investor family is in the back of family and longurers

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Swatch Group Investor Steven Wood, the Swiss Hairdresser, who struggles, “only for a shareholder”, “he said,” Only a shareholder, “he said, stepped up the campaign to be elected to the managed company.

In a interview with the founder of New York-based Greenwood Investors in New York-based Greenwood Investors, Omega, Harry Winston and Breguet, “a situation in which the rights of minority shareholders are not disappeared.”

Comments are a criticized criticism of Hayek’s family, 25 percent of the insistence, but those who controlled 44 percent of the votes. Swatch founder Nikolas Hayek oglu Nik Hayek Jr, served as a chief executive since 2003. Sister Nayla has chaired the Board since 2010.

Greenwood, who owns 0.5 percent of the value of SWF37mn, discussed a resolution to the company’s annual general meeting on May 21.

Hayek family, Nick Hayek, CEO, is pressured after taking place for years to repeatedly raise the prospect of the company’s personal entity. Swatch said that last year’s SWF219MN fell by 75 percent in net profit.

“Disadvantage is the eye. “This is the opportunity once in a luxury space,” he said.

The tree’s campaign is an unique example of its shareholder activity in Switzerland, where many companies are managed by strong families.

Swatch has a double-class sharing structure. Hayek’s family, many have shares that are more voting in the country’s shares carried out by institutional investors. Wood wants to serve as a representative for the owners of the carrier shares representing 55 percent of the authorized capital of Swatch.

The tree describes itself as a “constructivist”, not activist. He wants to make a more open connection with the Aerospace and Defense Group Leonardo on the Italian list served on the board since 2023.

Jean-Philippe Bertschy, according to the President of Switzerland, the opinions of many trees were adapted to analysts and shareholders, shareholders and shareholders.

“All investors agree with what they said. It is a good thing to put a little healthy pressure on Hayek’s family,” he said.

The Swatch’s board recommended the vote for shareholders for several reasons, including several reasons, including several reasons for several reasons. The company has been a former President of the Swiss National Bank, which has served on Swatch’s board since 2010, is a representative of the SWATCH HOUSE SHOP.

SWISS Proxy Group Ethos Foundation Foundation, which represents Switzer’s pension funds and previously worried Swatch’s corporate governance, said he recommended voting in favor of the tree elections.

However, another proxy agency, ISS, recommended to vote against the fire because it does not put a fairly attractive case. ISS also advised investors to vote against the re-election of the Swatch wooden directors, which could not build a sufficiently independent board.

Swatch, mobile shareholders did not allow the Board representative without access to registered shareholders. According to Wood, this is a violation of the rights by the Swiss law.

Swatch said the offer will ensure that the “legitimate correct way” in AGM and act fully in accordance with all national laws and regulations.

Wood, the Orbis investment management, which has a share at the beginning of 1, said he supported him.

However, the Hayek’s family is successful in congestion of the tonnel, which is recognized in this month, and five percent of the shareholders are looking for necessary support to call the extraordinary general meeting.

It will use that a separate voice, the SWATCH “shareholders” section, elected board representative.

“It’s a very different way,” he said. “May 21 is not the end of the story.”