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Swatch Quashes Activist Attempt to Shake Up Hayek Stronghold

Business of Fashion 12 May 2026 17h ago
Swatch Quashes Activist Attempt to Shake Up Hayek Stronghold
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The Hayek family blocked Steven Wood’s second bid for a seat on the watchmaker’s board of directors with their 44 percent voting rights and three board seats, maintaining their tight control of the company.
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