Swatch Group reshuffles top management team

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Swatch Group Omega Raynald Aeschlimann boardroom
All changes will take effect on July 1, 2020
// Luxury watchmaker Swatch Group has announced changes at its management team
// Omega CEO Raynald Aeschlimann has been appointed to the executive group management board
// Head of Rado Matthias Breschan will take over as Longines CEO

Swatch Group has announced a reshuffle of its management team is under way, with new appointments at Longines, Rado, Union, Tissot, Certina, and its Hamilton watch brands.

The Swiss group also announced changes to its executive group Management board and its extended group management.

Omega chief executive and president Raynald Aeschlimann has been appointed to the executive group management board.


READ MORE: Watches of Switzerland sales smash £590m despite Covid-19 impact


Meanwhile, the current head of Rado and member of the extended group management board, Matthias Breschan, is being named chief executive of Longines.

Adrian Bosshard, the current chief executive of Certina and Union, is taking over as head of Rado.

Sylvain Dolla, who is currently in charge of Hamilton, will take over as chief executive of Tissot and has also been named to the extended group management board.

François Thiébaud has been appointed chairman of the board of directors of Tissot.

In January, shares in Swatch Group fell to the lowest in a decade amid the coronavirus pandemic and ongoing protests in Hong Kong.

All changes will take effect on July 1, 2020.

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