Scoopfeeds — Intelligent news, curated.
Swatch Quashes US Activist Attempt to Shake Up Hayek Stronghold
business

Swatch Quashes US Activist Attempt to Shake Up Hayek Stronghold

Bloomberg Markets · May 12, 2026, 10:51 AM · Also reported by 1 other source

Shareholders of The Swatch Group AG rejected US activist investor Steven Wood’s push for a seat on the watchmaker’s board of directors for a second time, reinforcing the controlling Hayek family’s hold on the company.

Read full story on Bloomberg Markets → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop