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Swatch Group AG recommended its shareholders vote against US activist investor Steven Wood’s bid to join the Swiss watchmaker’s board.

Updated ·First reported ·1 source

Summary

Swatch Group AG has recommended that shareholders vote against US activist investor Steven Wood’s bid to join the Swiss watchmaker’s board. The company is formally opposing the activist's election proposal.

Key Facts

  • Swatch Group AG recommended shareholders vote against US activist investor Steven Wood’s bid to join the board.[1]confirmed

Locations

Biel/BienneSwitzerland, Europe
47.14, 7.25
United StatesUnited States, Americas
37.09, -95.71

Sources (1)

  • initial report

Changelog

initial reportv2

Automated synthesis

Show summary

Swatch Group AG has recommended that shareholders vote against US activist investor Steven Wood’s bid to join the Swiss watchmaker’s board. The company is formally opposing the activist's election proposal.

  • • Swatch Group AG recommended shareholders vote against US activist investor Steven Wood’s bid to join the board.
initial reportv1

Automated synthesis

Show summary

Swatch Group AG has reportedly recommended that shareholders vote against US activist investor Steven Wood’s bid to join the Swiss watchmaker’s board.

  • • Swatch Group AG recommended shareholders vote against US activist investor Steven Wood’s bid to join the board.