Swatch Group Management

Management criteria checks 4/4

Swatch Group's CEO is Nick Hayek, appointed in Jan 1995, has a tenure of 29.25 years. total yearly compensation is CHF6.84M, comprised of 22% salary and 78% bonuses, including company stock and options. directly owns 0.093% of the company’s shares, worth CHF9.39M. The average tenure of the management team and the board of directors is 18.8 years and 14.3 years respectively.

Key information

Nick Hayek

Chief executive officer

CHF6.8m

Total compensation

CEO salary percentage22.0%
CEO tenure29.3yrs
CEO ownership0.09%
Management average tenure18.8yrs
Board average tenure14.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nick Hayek's remuneration changed compared to Swatch Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023CHF7mn/a

CHF869m

Sep 30 2023n/an/a

CHF926m

Jun 30 2023n/an/a

CHF982m

Mar 31 2023n/an/a

CHF895m

Dec 31 2022CHF7mCHF2m

CHF807m

Sep 30 2022n/an/a

CHF808m

Jun 30 2022n/an/a

CHF809m

Mar 31 2022n/an/a

CHF787m

Dec 31 2021CHF7mCHF2m

CHF765m

Sep 30 2021n/an/a

CHF642m

Jun 30 2021n/an/a

CHF519m

Mar 31 2021n/an/a

CHF234m

Dec 31 2020CHF5mCHF2m

-CHF51m

Sep 30 2020n/an/a

-CHF14m

Jun 30 2020n/an/a

CHF23m

Mar 31 2020n/an/a

CHF377m

Dec 31 2019CHF6mCHF2m

CHF730m

Sep 30 2019n/an/a

CHF761m

Jun 30 2019n/an/a

CHF791m

Mar 31 2019n/an/a

CHF818m

Dec 31 2018CHF7mCHF2m

CHF845m

Sep 30 2018n/an/a

CHF884m

Jun 30 2018n/an/a

CHF922m

Mar 31 2018n/an/a

CHF828m

Dec 31 2017CHF7mCHF2m

CHF733m

Compensation vs Market: Nick's total compensation ($USD7.51M) is about average for companies of similar size in the Swiss market ($USD7.02M).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.


CEO

Nick Hayek

29.3yrs

Tenure

CHF6,836,641

Compensation

Mr. Georges Nicolas Hayek, Jr., also known as Nick, has been the President of Executive Group Management Board at The Swatch Group AG since 2003 and serves as its Chief Executive Officer and Member of Exec...


Leadership Team

NamePositionTenureCompensationOwnership
Georges Hayek
President of Executive Group Management Board29.3yrsCHF6.84m0.093%
CHF 9.4m
Thierry Kenel
CFO & Member of Executive Group Management Board15.1yrsno data0.046%
CHF 4.7m
Francois Thiebaud
Chairman of Tissot Board & Member of Executive Group Management Board3.8yrsno data0.079%
CHF 8.0m
Peter Steiger
Member of Executive Group Management Board22.3yrsno data0.056%
CHF 5.7m
Florence Ollivier-Lamarque
Member of Executive Group Mgmt Board and President of Swatch Group France & France Les Boutiques19.3yrsno data0.024%
CHF 2.4m
Marc Hayek
Member of Executive Group Management Board19.3yrsno data0.082%
CHF 8.3m
Matthias Breschan
CEO of Longines Brand & Member of Extended Group Management Board19.3yrsno data0.0012%
CHF 118.7k
Pierre-Andre Buhler
Member of Executive Group Management Board11.3yrsno data0.010%
CHF 1.1m
Raynald Aeschlimann
Member of Executive Group Management Board and CEO & President of Omega Brand11.3yrsno data0.022%
CHF 2.2m
Calogero Polizzi
Chief Information Officer19.3yrsno data0.0068%
CHF 685.8k
Daniel Everts
Co-Chief Legal Officer & Member of Extended Group Management Board4.7yrsno data0.0014%
CHF 139.0k
Lionel Marca
VP, Head of Tech. & Dev. Mgt. of Blancpain and Harry Winston4.7yrsno data0.0014%
CHF 145.1k

18.8yrs

Average Tenure

Experienced Management: UHRN's management team is seasoned and experienced (18.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Georges Hayek
President of Executive Group Management Board14.3yrsCHF6.84m0.093%
CHF 9.4m
Francois Thiebaud
Chairman of Tissot Board & Member of Executive Group Management Board3.8yrsno data0.079%
CHF 8.0m
Ernst Tanner
Vice Chairman29.3yrsCHF175.78k0.0039%
CHF 391.6k
Nayla Hayek
Chairwoman of the Board29.3yrsCHF4.08m2.15%
CHF 218.6m
Jean-Pierre Roth
Director14.3yrsCHF147.33k0.000020%
CHF 2.0k
Claude Nicollier
Director18.9yrsCHF147.33k0.000040%
CHF 4.1k
Daniela Aeschlimann
Director7.9yrsCHF169.74kno data

14.3yrs

Average Tenure

Experienced Board: UHRN's board of directors are seasoned and experienced ( 14.3 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.