Watches of Switzerland Group Management
Management criteria checks 3/4
Watches of Switzerland Group's CEO is Hugh Duffy, appointed in Jan 2014, has a tenure of 10.25 years. total yearly compensation is £3.64M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 3.21% of the company’s shares, worth €30.01M. The average tenure of the management team and the board of directors is 2 years and 4.9 years respectively.
Key information
Hugh Duffy
Chief executive officer
UK£3.6m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 10.3yrs |
| CEO ownership | 3.2% |
| Management average tenure | 2yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 29 2023 | n/a | n/a | UK£104m |
| Jul 29 2023 | n/a | n/a | UK£113m |
| Apr 30 2023 | UK£4m | UK£500k | UK£122m |
| Jan 31 2023 | n/a | n/a | UK£118m |
| Oct 30 2022 | n/a | n/a | UK£114m |
| Jul 30 2022 | n/a | n/a | UK£108m |
| May 01 2022 | UK£5m | UK£500k | UK£101m |
| Feb 01 2022 | n/a | n/a | UK£87m |
| Oct 31 2021 | n/a | n/a | UK£73m |
| Jul 31 2021 | n/a | n/a | UK£62m |
| May 02 2021 | UK£1m | UK£479k | UK£51m |
| Feb 02 2021 | n/a | n/a | UK£44m |
| Oct 25 2020 | n/a | n/a | UK£37m |
| Jul 25 2020 | n/a | n/a | UK£19m |
| Apr 26 2020 | UK£7m | UK£490k | UK£507k |
| Jan 26 2020 | n/a | n/a | -UK£6m |
| Oct 27 2019 | n/a | n/a | -UK£3m |
| Jul 27 2019 | n/a | n/a | UK£6m |
| Apr 28 2019 | UK£895k | UK£500k | UK£14m |
Compensation vs Market: Hugh's total compensation ($USD4.56M) is above average for companies of similar size in the German market ($USD1.29M).
Compensation vs Earnings: Hugh's compensation has been consistent with company performance over the past year.
CEO
Hugh Duffy (69 yo)
10.3yrs
Tenure
UK£3,641,722
Compensation
Mr. Hugh Brian Duffy serves as Chief Executive Officer at Watches Switzerland Group PLC since 2014 and has been its Director since May 7, 2019. He has served on several boards of across the fashion, retail...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.3yrs | UK£3.64m | 3.21% £ 30.0m | |
| CFO & Director | less than a year | UK£2.84m | 0.053% £ 493.8k | |
| Company Secretary & General Counsel | 3.1yrs | no data | no data | |
| Vice President of Marketing | no data | no data | no data | |
| Executive Director of HR | no data | no data | no data | |
| Deputy CEO & President of North America | 2yrs | no data | no data | |
| President of UK & Europe | 2yrs | no data | no data | |
| IT Director | no data | no data | no data |
2.0yrs
Average Tenure
Experienced Management: 5WS's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.9yrs | UK£3.64m | 3.21% £ 30.0m | |
| CFO & Director | less than a year | UK£2.84m | 0.053% £ 493.8k | |
| Independent Non-Executive Chairman | 3.4yrs | UK£198.69k | 0.065% £ 603.1k | |
| Independent Non-Executive Director | 6.3yrs | UK£72.50k | 0.013% £ 119.4k | |
| Senior Independent Non-Executive Director | 5.3yrs | UK£83.85k | 0.014% £ 128.4k | |
| Independent Non-Executive Director | 10.3yrs | UK£72.50k | 0.0037% £ 34.7k | |
| Independent Non-Executive Director | 1.9yrs | UK£63.86k | no data |
4.9yrs
Average Tenure
60yo
Average Age
Experienced Board: 5WS's board of directors are considered experienced (4.9 years average tenure).