BREAKING NEWS: NICOLAS HAYEK PASSED AWAY

Robert-Jan Broer
June 28, 2010
MIN READ
BREAKING NEWS: NICOLAS HAYEK PASSED AWAY

Swatch Group Press Release:

“Biel/Bienne, 28 June 2010 – With deep sadness and regret we inform you that Mr. Nicolas G. Hayek, Chairman and Delegate of the Board of Directors of The Swatch Group Ltd. unexpectedly passed away today due to heart failure during work at his beloved Swatch Group.

Mr. Nicolas G. Hayek’s greatest merit was his enormous contribution to the saving of the Swiss watch industry and the foundation and the commercial development of the Swatch Group. Mr. Nicolas G. Hayek’s extraordinary vision enabled him to realize and ensure the sustainability of a strong watchmaking enterprise with high Swiss added value. He is rightly recognized as a leading entrepreneur in this country.   With the right personnel decisions, Mr. Nicolas G. Hayek also ensured that his ideas and beliefs will live on and that continuity is guaranteed in regard of shareholders, Board of Directors and the Group Management Board.”

Let’s not forget, that without this man and his entrepreneurship, current (haute) horology probably wouldn’t be the same as we know it now. My sincere condolences to his family, friends and colleagues.

Popular

Rolex GMT-Master History-9735
Rolex GMT-Master History And Overview Of All Major References
Historical timeline of the world's most desired GMT watch
Robert-Jan Broer
About the author

Robert-Jan Broer

Ever since he was a young child, Robert-Jan was drawn to watches, even though it were digital Casio and quartz Swatch models at the time. In the mid-1990s, his interest increased when he started to read about mechanical watches in... read more

Watch reviews in your inbox.

Even when it’s not Speedy Tuesday.