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  • Watches

Breguet Names Swatch Group Veteran as CEO

  • August 13, 2021
  • Andy Bannister

PARIS — Swiss high-end watchmaker Breguet has named Swatch Group veteran Lionel a Marca as chief government officer, making him one of many few watchmakers on the helm of a significant watch model.

A Marca succeeds Marc Hayek, who returned to the submit after the departure in 2020 of Thierry Esslinger, who had changed Hayek as CEO in September 2017. The scion of the Hayek household, which runs Swatch Group, Hayek can also be president of Breguet.

Following a watchmaking apprenticeship, a Marca joined Swatch Group in 1992 at movement-maker Frédéric Piguet. The Swiss government subsequently moved over to ETA, the Swatch Group subsidiary that provides watch actions, the place he helped develop and enhance a number of watchmaking problems.

A Marca has consulted for various corporations with the group, particularly within the areas of high quality management and implementing new manufacturing traces. He was appointed to the chief boards of Blancpain in 2004 and Harry Winston in 2014. In 2019, he additionally joined the prolonged government board of the Swatch Group.

“If today Lionel a Marca is one of the rare watchmakers at the helm of a renowned watch brand, then he will undoubtedly be able to steer Breguet toward the brightest of futures on the eve of its 250th anniversary,” stated the model, which was based in 1775.

Breguet sits on the prime of the pyramid of Swatch Group manufacturers, alongside Blancpain and Jaquet Droz. The group additionally owns manufacturers starting from Harry Winston, Omega and Longines to accessible labels like Swatch, Tissot and Hamilton.

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Andy Bannister

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