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Activist Investor Fails to Win Swatch Board Seat

Summary by Financial Times
GreenWood Investors’ Steven Wood says he will consider requesting an extraordinary meeting

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The Annual General Meeting of the Bieler Watch Group rejected its election to the Supervisory Board on Wednesday with 79.2% votes against.

Steven Wood, the candidate for the Swatch Board of Directors as representative of bearer shareholders, was unsurprisingly not elected at the group's general meeting on Wednesday. His candidacy was rejected by 79.8% of the vote.

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Hedgeweek broke the news in on Wednesday, May 21, 2025.
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